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Featured local agent — Round Lake Beach, IL
Sarah Mitchell
Compass Real Estate · Round Lake Beach, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Round Lake Beach, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$315,000median sale price
How is the Round Lake Beach, IL housing market right now?
The median home sale price in Round Lake Beach, IL is $315,000, up 10.7% year-over-year. Homes sell in an average of 40 days with 60 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Round Lake Beach a buyer's or seller's market?
Round Lake Beach, IL is currently a seller's market, based on 2.4 months of supply and homes selling in about 40 days. How we determine this →
Homes sold
25
Last 12 weeks
Days on market
40
Average pace
Active listings
60
2.4 months supply
Sale-to-list
100.6%
Above asking
What does the Round Lake Beach housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $315,000 |
| Median list price | $269,450 |
| Year-over-year price change | +10.7% |
| Average days on market | 40 days |
| Active inventory | 60 listings |
| Months of supply | 2.4 months |
| Sale-to-list price ratio | 100.6% |
| Median price per sq ft | $191/sq ft |
| Homes sold (latest month) | 25 |
| New listings (latest month) | 38 |
| Listings with a price cut | 10.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Round Lake Beach by property type?
How the Round Lake Beach, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $355,000 | $191/sq ft | 16 | 44 days |
| Condo / Co-op | $176,450 | $182/sq ft | 2 | 42 days |
| Townhouse | $222,900 | $194/sq ft | 7 | 35 days |
Source: Redfin · Updated monthly
The Round Lake Beach housing market is currently classified as a seller's market with a median sale price of $315,000. Prices have risen 10.7% compared to last year, with homes spending an average of 40 days on market, indicating 2.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.0x provides context for how home values compare to local earning capacity.
Homes for sale in Round Lake Beach
There are currently 60 homes listed for sale in Round Lake Beach, Illinois. The median listing price is $269K.
Active listings
60
Homes on market
Median list price
$269K
Avg. days on market
40
Days until sale
New this week
38
Newly listed
Who lives in Round Lake Beach?
Population
27,081
Median income
$86,632/yr
Median age
34.1 years
Owner-occupied
79.0%
College grads
16.8%
Avg commute
30.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Round Lake Beach?
Zillow home value
$260,610
Zillow rent index
$2,142/mo
Price-to-rent ratio
10.1x
Price-to-income
3.0x
Source: Zillow Research
What is it like to live in Round Lake Beach?
Round Lake Beach is a community of approximately 27K residents with a median age of 34.1 years.The median household income is $86,632, which reflects a relatively affluent area with strong earning potential. 16.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 79.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.7 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Round Lake Beach offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Round Lake Beach?
3 schools tracked · 1,315 students
The largest public schools serving Round Lake Beach, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Raymond Ellis Elem School
Grades 1-5 · 588 students
Round Lake Beach Elem School
Grades 1-5 · 375 students
Avon Center Elem School
Grades K-4 · 352 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Round Lake Beach, IL?
Want a head-to-head view? Compare Round Lake Beach side-by-side with any other U.S. city using our market-comparison tool.
Is Round Lake Beach a good real estate investment market?
For investors evaluating Round Lake Beach, the price-to-rent ratio of 10.1x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 10.7% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Round Lake Beach's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Round Lake Beach's median home price.
Frequently asked questions
What is the average home price in Round Lake Beach?
The median home sale price in Round Lake Beach is $315,000, up 10.7% from last year.
How long do homes stay on market in Round Lake Beach?
Homes typically spend 40 days on market before going under contract.
What is the median income in Round Lake Beach?
The median household income is $86,632 per year.
Is Round Lake Beach a buyer's or seller's market?
With 2.4 months of supply, Round Lake Beach is currently a seller's market.
What is the Zillow home value estimate for Round Lake Beach?
The Zillow Home Value Index (ZHVI) for Round Lake Beach is $260,610, representing the typical home value in the area.
What is the median condo price in Round Lake Beach?
The median condo/co-op sale price in Round Lake Beach, IL is $176,450, compared to $355,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Round Lake Beach?
The median single-family home price in Round Lake Beach, IL is $355,000 (about $191 per square foot).
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