Round Lake, IL

Leaning buyer's+29.9% YoY

Housing market overview · Updated weekly

$296,125median sale price

Homes sold

10

Last 12 weeks

Days on market

87

Average pace

Active listings

40

4.0 months supply

Sale-to-list

97.9%

Below asking

The Round Lake housing market is currently classified as a leaning buyer's with a median sale price of $296,125. Prices have risen 29.9% compared to last year, with homes spending an average of 87 days on market, indicating 4.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Round Lake

There are currently 40 homes listed for sale in Round Lake, Illinois. The median listing price is $280K.

Active listings

40

Homes on market

Median list price

$280K

Avg. days on market

87

Days until sale

New this week

20

Newly listed

Price drops:5.0%of listings
Sale-to-list:97.9%

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Frequently asked questions

What is the average home price in Round Lake?

The median home sale price in Round Lake is $296,125, up 29.9% from last year.

How long do homes stay on market in Round Lake?

Homes typically spend 87 days on market before going under contract.

Is Round Lake a buyer's or seller's market?

With 4.0 months of supply, Round Lake is currently a leaning buyer's.

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