Why Live in Round Lake
Round Lake offers a diverse range of housing options, from lakefront properties to cozy starter homes and spacious modern houses. The neighborhood features a mix of architectural styles, including charming bungalows, Cape Cods, farmhouses near downtown, and more modern traditional homes to the south. Residents have been actively reinvesting in the community, renovating older homes to enhance the area's appeal. The local schools, such as Village Elementary School and Round Lake Middle School, are well-regarded, and Round Lake High School provides unique programs like the Business Incubator Program. For shopping, residents frequent the Dollar Tree and Lomeli's International Supermarket, while dining options include Twisted Burger. The Robert W. Rolek Community Center and the adjacent Round Lake Area Aquatic Center offer recreational activities, and the Round Lake Area Public Library provides educational resources. Outdoor enthusiasts can enjoy Long Lake, the village’s namesake lake, and the Nippersink Forest Preserve, which features 329 acres of woodlands, lakes, and marshes with trails and picnic areas. The Round Lake Metra station offers convenient access to downtown Chicago, located 50 miles southeast.
Home Trends in Round Lake, IL
On average, homes in Round Lake, IL sell after 29 days on the market compared to the national average of 52 days. The median sale price for homes in Round Lake, IL over the last 12 months is $277,000, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$277,000
Median Single Family Sale Price
$286,500
Median Townhouse Sale Price
$247,000
Median 2 Bedroom Sale Price
$229,900
Average Price Per Sq Ft
$176
Number of Homes for Sale
16
Last 12 months Home Sales
132
Median List Price
$282,450
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
2%