Brokers — List your Company Here
Featured local agent — Round Lake Heights, IL
Sarah Mitchell
Compass Real Estate · Round Lake Heights, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Round Lake Heights, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$349,000median sale price
How is the Round Lake Heights, IL housing market right now?
The median home sale price in Round Lake Heights, IL is $349,000, down 2.5% year-over-year. Homes sell in an average of 99 days with 3 active listings. The market is currently a balanced 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 Heights a buyer's or seller's market?
Round Lake Heights, IL is currently a balanced market, based on 3.0 months of supply and homes selling in about 99 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
99
Average pace
Active listings
3
3.0 months supply
Sale-to-list
100.0%
Above asking
What does the Round Lake Heights housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $349,000 |
| Median list price | $388,470 |
| Year-over-year price change | -2.5% |
| Average days on market | 99 days |
| Active inventory | 3 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $197/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Listings with a price cut | 33.3% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Round Lake Heights by property type?
How the Round Lake Heights, 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 | $349,000 | $197/sq ft | 1 | 99 days |
Source: Redfin · Updated monthly
The Round Lake Heights housing market is currently classified as a balanced market with a median sale price of $349,000. Prices have fallen 2.5% compared to last year, with homes spending an average of 99 days on market, indicating 3.0 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 4.1x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Round Lake Heights
There are currently 3 homes listed for sale in Round Lake Heights, Illinois. The median listing price is $388K.
Active listings
3
Homes on market
Median list price
$388K
Avg. days on market
99
Days until sale
New this week
1
Newly listed
Who lives in Round Lake Heights?
Population
2,585
Median income
$75,556/yr
Median age
29.6 years
Owner-occupied
80.7%
College grads
17.7%
Avg commute
35.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Round Lake Heights?
Zillow home value
$309,265
Price-to-income
4.1x
Source: Zillow Research
What is it like to live in Round Lake Heights?
Round Lake Heights is a community of approximately 3K residents with a median age of 29.6 years.The median household income is $75,556, which reflects a relatively affluent area with strong earning potential. 17.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 80.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 35.1 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Round Lake Heights offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Round Lake Heights?
2 schools tracked · 1,244 students
The largest public schools serving Round Lake Heights, 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.
Round Lake Middle School
Grades 6-8 · 788 students
Indian Hill Elem School
Grades 1-5 · 456 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 Heights, IL?
Want a head-to-head view? Compare Round Lake Heights side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Round Lake Heights?
The median home sale price in Round Lake Heights is $349,000, down 2.5% from last year.
How long do homes stay on market in Round Lake Heights?
Homes typically spend 99 days on market before going under contract.
What is the median income in Round Lake Heights?
The median household income is $75,556 per year.
Is Round Lake Heights a buyer's or seller's market?
With 3.0 months of supply, Round Lake Heights is currently a balanced market.
What is the Zillow home value estimate for Round Lake Heights?
The Zillow Home Value Index (ZHVI) for Round Lake Heights is $309,265, representing the typical home value in the area.
How much does a single-family home cost in Round Lake Heights?
The median single-family home price in Round Lake Heights, IL is $349,000 (about $197 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Round Lake Heights, IL
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Round Lake Heights market alerts
Weekly updates on prices, inventory, and trends. Free forever.