Round Lake Heights, IL Foreclosures
How much do homes sell for in Round Lake Heights, IL?
The average home price is currently $287,910.
In Round Lake Heights, IL, how many homes are available?
There are currently 33 active home listings available in Round Lake Heights.
What’s the average rental cost in Round Lake Heights, IL?
The average rental price in Round Lake Heights is $1,508.
What is the most expensive home in Round Lake Heights?
The most expensive home sold in Round Lake Heights had a price of $464,007.
What is currently the cheapest priced home in Round Lake Heights, IL?
The cheapest home for sale in Round Lake Heights is priced at $45,226.
Living in Round Lake Heights, IL
Round Lake Heights offers a peaceful suburban lifestyle with its picturesque landscapes and tight-knit community. Residents enjoy access to numerous parks, quality schools, and various shopping options nearby. The area is known for its recreational activities, particularly water sports on Round Lake, making it a perfect spot for families and nature lovers alike.
Current Market Conditions in Round Lake Heights, IL
The real estate market in Round Lake Heights has seen a steady increase in home values over the last year, attributed to the area's growing appeal among families and commuters seeking an affordable yet tranquil living environment. This has led to a competitive market with homes selling more quickly than in previous years, and a surge in demand for new constructions.
Current trends indicate a balanced market with a slight increase in inventory, providing options for both buyers and renters. While prices have risen, they remain appealing for first-time homebuyers looking for affordable housing in a suburban setting.
Home Value Estimator For Round Lake Heights, IL
There are currently 838 real estate properties
in Round Lake Heights, IL,
with a median automated valuation model (AVM) price
of $302,938.00. 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 Heights, 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 Heights, IL,
is $287,910.00, with the most expensive house
in Round Lake Heights, IL, topping out
at $464,007.00 and the cheapest home
in Round Lake Heights, IL,
clocking in at $45,226.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Round Lake Heights, IL!
Rent Prices
In Round Lake Heights, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Round Lake Heights, IL, is on
a rollercoaster ride. The
average rent price in Round Lake Heights, IL,
is $1,508.00. Indeed, when looking to rent in
Round Lake Heights, IL, you can expect to pay as little
as $860.00 or as much
as $2,160.00,
with the average rent median estimated to
be $1,510.00. The good news is that finding
an affordable and desirable property to rent in Round Lake Heights, 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.
Learn more on Foreclosure homes
