Housing in Round Lake, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$321,500
Median List Price
$329,000
Price Per Sq Ft
$172
Days on Market
68
Active Inventory
30
Months of Supply
3.0
Seller's market
Zillow Home Value
$312,333
ZHVI — January 2026
Zillow Rent Index
$2,545
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
30.0%
Off Market in 2 Weeks
33.3%
Sale-to-List Ratio
100.1%
Seller's market
Market Activity
Source: RedfinHomes Sold
10
New Listings
14
Pending Sales
12
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$172
Median List $/SF
$165
Round Lake vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Round Lake 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
$257,400
Median Rent
$1,494
Total Housing Units
6,569
Vacancy Rate
4.5%
Owner Occupied
79.4%
Renter Occupied
20.6%
Median Property Tax
$7,856
per year
Monthly Cost (w/ Mortgage)
$1,947
Housing Types
The current median sale price in Round Lake, IL is $321,500 according to Redfin data. Homes spend a median of 68 days on the market. 30.0% of homes sold above asking price. The market has 3.0 months of supply. The median price per square foot is $172. Zillow's observed rent index is $2,545/month. About 79.4% of housing units are owner-occupied. The median year homes were built is 2003. There are 6,569 total housing units.