Foreclosure Homes in Round Lake Beach, IL

Current Market Conditions in Round Lake Beach, IL

The real estate market in Round Lake Beach is currently experiencing steady growth, driven by affordable housing options and an influx of new families moving to the area. As of now, there is a healthy demand for single-family homes, particularly among first-time buyers.

Recent trends indicate a slight increase in home prices due to a decrease in inventory, which has led to a competitive market environment. Properties in well-established neighborhoods that offer good school districts are particularly sought after, contributing to a thriving local market.

Rent Prices In Round Lake Beach, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Round Lake Beach, IL, is on a rollercoaster ride. The average rent price in Round Lake Beach, IL, is $1,427.00. Indeed, when looking to rent in Round Lake Beach, IL, you can expect to pay as little as $860.00 or as much as $2,930.00, with the average rent median estimated to be $1,400.00. The good news is that finding an affordable and desirable property to rent in Round Lake Beach, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.