Foreclosures in Round Lake Beach, IL

Current Market Conditions in Round Lake Beach, IL

Round Lake Beach's real estate market has shown steady growth over the past year, with an increase in home values driven by demand from families looking for affordable housing options while still being within commuting distance of Chicago. Properties are being sold relatively quickly, reflecting a healthy market with competitive prices.

Recent growth in local amenities and businesses has made Round Lake Beach increasingly attractive to buyers, particularly those seeking a suburban lifestyle without compromising on city conveniences. The influx of new residents has contributed to a robust demand for housing, pushing the market towards a seller's advantage.

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.