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Preforeclosure Homes in Round Lake Beach, IL

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Living in Round Lake Beach, IL

Round Lake Beach, IL is a charming suburban community that offers a mix of outdoor activities, quality schools, and a close-knit community feel. With easy access to recreational areas and family-friendly events, this area is perfect for those looking to settle in a welcoming environment.

Current Market Conditions in Round Lake Beach, IL

The Round Lake Beach real estate market has remained competitive in recent months, with a steady demand for homes due to its appealing amenities and community feel. The average home price has seen a modest increase, reflecting the area's desirability, and buyers are encouraged to act quickly on listings as inventory remains low in popular sections of the village.

Investors are noticing growing potential in Round Lake Beach, particularly for rental properties and young families looking to purchase their first home. Developer interest has increased, leading to new construction projects aimed at catering to the growing population.

Home Value Estimator For Round Lake Beach, IL

There are currently 9,081 real estate properties in Round Lake Beach, IL, with a median automated valuation model (AVM) price of $239,780.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Round Lake Beach, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Round Lake Beach, IL, is $262,994.00, with the most expensive house in Round Lake Beach, IL, topping out at $23,433,484.00 and the cheapest home in Round Lake Beach, IL, clocking in at $12,200.00. In other words, there’s something for every potential homebuyer or savvy investor in Round Lake Beach, IL!

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.

Round Lake Beach, IL Preforeclosure Homes


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