Libertyville, IL Real Estate

According to census data in the year 2000 there were 7,414 housing units in Libertyville. This represents a 7.5% growth from 6,899 in 1990.

Of those housing units, 7,396 were located in either urbanized areas or urban clusters, and 18 were located in what is classified as a rural area.

Homeownership rate in Libertyville is about 81%. Libertyville's vacancy rate, including seasonal lodging, is about 2.1%. Average household size is 2.74 people.

The majority of houses, apartments or condos in Libertyville were built after 1973.


Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom7.80%
Two Bedrooms19.20%
Three Bedrooms29.10%
Four Bedrooms35.80%
Five Bedrooms or more7.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.89
Median year structure was built1974
Median Value of occupied units$263,700
Median Price asked for vacant units$419,400

Rented Homes, Apartments and Condos

Average Household Size2.1
Median year structure was built1967
Median Monthly Rent asked for vacant units$857

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage5%
Home Equity Loan17.60%
Simple Mortgage55.50%
Debt Free21.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.2%