Foreclosures in Round Lake, IL

Current Market Conditions in Round Lake, IL

The real estate market in Round Lake has seen a steady increase in demand, especially for single-family homes and townhouses. With the influx of new residents, home prices have become more competitive, leading to quicker sales than in previous years. Homebuyers are drawn to the affordability of housing compared to nearby cities like Lake Zurich and Grayslake.

Currently, listings in Round Lake showcase a diverse array of styles and price points to cater to a variety of buyers, ranging from first-time homeowners to families upgrading for more space.

Rent Prices In Round Lake, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Round Lake, IL, is on a rollercoaster ride. The average rent price in Round Lake, IL, is $1,652.00. Indeed, when looking to rent in Round Lake, IL, you can expect to pay as little as $880.00 or as much as $3,160.00, with the average rent median estimated to be $1,590.00. The good news is that finding an affordable and desirable property to rent in Round Lake, 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.