Round Lake Park, IL, Real Estate
Round Lake Park, Illinois, is a charming village in Lake County, nestled along the south side of Round Lake, with a population of 7,680 as of the 2020 census. Known for its serene suburban atmosphere and community-oriented lifestyle, the village offers residents exclusive access to the lake and natural havens like Hart's Woods Park, perfect for hiking and wildlife observation. Located halfway between Chicago and Milwaukee, it blends small-town charm with proximity to urban amenities, including two train lines to Chicago and nearby attractions like Six Flags Great America. The village prioritizes fiscal integrity and diverse services, with a proud history and a commitment to preserving its natural beauty and community spirit.
Round Lake Park currently has 14 single family homes for sale with an average list price of $228,120.07. The average annual property tax for Round Lake Park is $4,516.76.
Browse Round Lake Park
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Round Lake Park, i.e. what's hot and what's not.
See What's Hot & What's Not in Round Lake Park
Market Trends
Round Lake Park home sales for the month of July decreased in volume by 50% when compared to last year, while the median sale price decreased by 9.1% from $242,000 to $220,000. House sales decreased by 50%, while the median sale price decreased by 9.1% from $242,000 to $220,000.
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74
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63
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39
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45
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| 2021 | 2022 | 2023 | 2024 |
| # of sales per year | |||
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$166,500
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$179,000
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$185,000
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$230,000
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| 2021 | 2022 | 2023 | 2024 |
| median sale price per year | |||
Median Sale Price for Round Lake Park
Number of Sales for Round Lake Park
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