Round Lake, IL Home Values & Market Trends
Real estate market trends reflect that there have been 362 transactions over the past year in Round Lake. The median value for residential home transactions that occurred over the previous year is $355,477. The number of current listings in Round Lake is 283, and the percentage of properties for sale in the city is 283.00%. Round Lake, IL currently has 32 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 283 properties for sale.
Round Lake, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 60073 | $ 282,608 $ 195/sqft |
Housing Market Summary for Round Lake, IL
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $330K | $280K | -15.15% |
| Median Sold Price | $368K | $291.9K | -20.69% |
| Homes For Sale | 173 | 280 | 61.85% |
| Homes Sold | 99 | 123 | 24.24% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Round Lake, IL
Browse Homes in Round Lake, IL
Round Lake home values range from $67,534 to $659,506. The median estimated value of a home in Round Lake is $355,477. The median list price of a home is 284,900, and the total count of properties in the city is 473.
- Pre-ForeclosurePre-foreclosure homes account for 6.55% of all residential properties in Round Lake, IL with 60073 containing 93 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Round Lake, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $611,707 in 60073 to the lowest home value of $175,759 in 60073.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Round Lake, IL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Round Lake, IL. There is 1 zips within Round Lake, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60073 has 7 auction properties, the highest number of properties going to auction in a single zip in the state of Round Lake, IL. Auction homes and other auction properties account for 0.21% of all properties in Round Lake, IL. There is 1 zips within Round Lake, IL; of that zips, the median estimated home value for homes going to auction ranges from $302,457 in 60073 to the lowest value of $198,357 in 60073.
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Guide for Round Lake, IL
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
