Housing in Round Lake Park, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$217,500

Median List Price

$249,999

Price Per Sq Ft

$148

Days on Market

44

Active Inventory

29

Months of Supply

4.8

Balanced market

Zillow Home Value

$212,509

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 41.2%List Price 6.4%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

33.3%

Off Market in 2 Weeks

42.9%

Sale-to-List Ratio

98.6%

Buyer's market

Sold Above Asking
33.3%
Under Contract in 2 Wks
42.9%
Listings with Price Drops
20.7%

Market Activity

Source: Redfin

Homes Sold

6

New Listings

10

Pending Sales

14

Homes Sold 14.3%New Listings 37.5%Pending 17.6%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$148

Median List $/SF

$142

Sale $/SF 10.4%List $/SF 6.8%Mar 24Jan 26

Round Lake Park vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Round Lake Park is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$157,900

Median Rent

$1,320

Total Housing Units

3,351

Vacancy Rate

8.2%

Owner Occupied

86.5%

Renter Occupied

13.5%

Median Property Tax

N/A

per year

Monthly Cost (w/ Mortgage)

$857

Housing Types

Single Family
70.8%
Multi-Family
4.4%
Mobile Home
24.8%

The current median sale price in Round Lake Park, IL is $217,500 according to Redfin data. Homes spend a median of 44 days on the market. 33.3% of homes sold above asking price. The market has 4.8 months of supply. The median price per square foot is $148. The median rent is $1,320 per month (Census ACS). About 86.5% of housing units are owner-occupied. The median year homes were built is 1995. There are 3,351 total housing units.