Why Live in Valley Lakes
Valley Lakes in Round Lake, Illinois, is a planned community established in 1996, featuring detached homes and townhouses surrounded by over 300 acres of wetlands. The Valley Lakes Community Association ensures the preservation of these natural areas, with perennial flower beds, detention ponds, and athletic fields integrated into the landscape. Heron View Park, with its walking trails and playground, and Meadowview Park, offering athletic fields and a basketball court, are popular local spots. The Round Lake Area Park District, recognized as one of the Illinois Association of Park Districts’ 2023 Best of the Best, provides numerous outdoor activities, including the nearby Nippersink Forest Preserve. The community is close to the Chain O’Lakes, a major recreational waterway, and offers lake-side activities like fishing. Schools in the area include Big Hollow Primary, Elementary, and Middle Schools, with Grant Community High School in nearby Fox Lake, which is highly rated. Homes in Valley Lakes feature New Traditional and Colonial styles, with open floor plans and double-pitched roofs. The neighborhood has a lower crime rate compared to the national average. Shopping and dining options are available along the Route 12 corridor and in Round Lake Beach, which includes big-box stores and local eateries. Residents have access to two Metra stations within three miles, providing convenient commutes to downtown Chicago.
Frequently Asked Questions
Is Valley Lakes a good place to live?
Valley Lakes is a good place to live. Valley Lakes is considered very car-dependent and somewhat bikeable. Valley Lakes is a suburban neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. Valley Lakes has 12 parks for recreational activities. It is fairly sparse in population with 5.3 people per acre and a median age of 38. The average household income is $130,592 which is above the national average. College graduates make up 42.5% of residents. A majority of residents in Valley Lakes are home owners, with 12.9% of residents renting and 87.1% of residents owning their home. A
local real estate agent serving Valley Lakes can help you decide if this neighborhood is the right one for you. Learn more on our
Valley Lakes neighborhood guide.
Is Valley Lakes, IL a safe neighborhood?
Valley Lakes, IL is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in Valley Lakes?
The median home price in Valley Lakes is $439,999. If you put a 20% down payment of $88,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,280 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $98K a year to afford the median home price in Valley Lakes. The average household income in Valley Lakes is $131K.
What are the best public schools in Valley Lakes?
The best public schools that serve Valley Lakes are:
What are the best private schools in Valley Lakes?
The best private schools that serve Valley Lakes are:
What are the most popular zip codes in Valley Lakes, Round Lake, IL?
What are the most popular neighborhoods near Valley Lakes, Round Lake, IL?
Home Trends in Valley Lakes, IL
On average, homes in Valley Lakes, Round Lake sell after 64 days on the market compared to the national average of 70 days. The median sale price for homes in Valley Lakes, Round Lake over the last 12 months is $681,944, up 77% from the median home sale price over the previous 12 months.
Median Sale Price
$681,944
Median Single Family Sale Price
$660,000
Median 1 Bedroom Sale Price
$239,900
Average Price Per Sq Ft
$267
Number of Homes for Sale
7
Last 12 months Home Sales
40
Median List Price
$439,999
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
77%