Is Round Lake Beach, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Round Lake Beach is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, Round Lake Beach has remained a Seller's Market.

Key Takeaway

Round Lake Beach is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Round Lake Beach, IL cost?

Median Sold Price

$184,000

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$14,840(+8.8%)

Key Takeaway

Homes in Round Lake Beach have sold for 8.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $85K$82K
-3.5%
2 $115.7K$128K
+10.6%
3 $176.5K$205K
+16.1%
4 $185K$235K
+27.0%
5+ $206K$225K
+9.2%

Median Sold Price Compared To Nearby Cities

Lake Villa Township
+18.1%
Lake Villa
+16.6%
Avon Township
+12.6%
Round Lake Beach
+8.8%
Round Lake Heights
+7.0%

How many homes are available in Round Lake Beach, IL?

Number of Homes For Sale

Nov 2021Dec 2021%
9981-18.2%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 33
0.0%
2 2321
-8.7%
3 5543
-21.8%
4 1814
-22.2%
5+ 00
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
3418-47.1%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Round Lake Beach, you may be able to get a good deal. 38.9% of homes here sold below asking price last month.

Average Sale Time

Dec 2020Dec 2021%
24 Days26 Days+9.1%

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Round Lake Beach are selling fast, if you're buying plan to act quickly.

1334 N Lake Shore Dr, Round Lake Beach, IL 60073

1334 N Lake Shore Dr, Round Lake Beach, IL 60073

$150,000~$550/mo.*
2 Beds • 1 Bath862 SqFt
Kim Tracy Sandoval#11307027Listing Office:
Exit Strategy RealtyMLS logo
1603 Kenmore Ave, Round Lake Beach, IL 60073

1603 Kenmore Ave, Round Lake Beach, IL 60073

$155,000~$600/mo.*
4 Beds • 1 Bath966 SqFt
Kim Tracy Sandoval#11306822Listing Office:
Exit Strategy RealtyMLS logo
1909 N Cedarwood Cir, Round Lake Heights, IL 60073

1909 N Cedarwood Cir, Round Lake Heights, IL 60073

$120,000~$450/mo.*
2 Beds • 1 Bath833 SqFt
Kim Tracy Sandoval#11306817Listing Office:
Exit Strategy RealtyMLS logo
326 W Park Rd, Round Lake, IL 60073

326 W Park Rd, Round Lake, IL 60073

$120,000~$450/mo.*
4 Beds • 1 Bath900 SqFt
Kim Tracy Sandoval#11305963Listing Office:
Exit Strategy RealtyMLS logo
2167 N Camden Ln, Round Lake Beach, IL 60073

2167 N Camden Ln, Round Lake Beach, IL 60073

$229,000~$850/mo.*
3 Beds • 2 Baths1,930 SqFt
Carol Smith#11305616Listing Office:
Homesmart Connect LLCMLS logo
1428 Idlewild Dr, Round Lake Beach, IL 60073

1428 Idlewild Dr, Round Lake Beach, IL 60073

$149,900~$550/mo.*
3 Beds • 1 Bath912 SqFt
Michael Kerrigan#11304174Listing Office:
Baird & WarnerMLS logo
1003 Oakwood Dr, Round Lake Beach, IL 60073

1003 Oakwood Dr, Round Lake Beach, IL 60073

$159,900~$600/mo.*
2 Beds • 1 Bath850 SqFt
Lilly Cardenas#11303291Listing Office:
Charles Rutenberg Realty of ILMLS logo
1324 Pine Grove Ave, Round Lake Beach, IL 60073

1324 Pine Grove Ave, Round Lake Beach, IL 60073

$137,900~$500/mo.*
2 Beds • 1 Bath837 SqFt
Erika Ricardo#11302922Listing Office:
Netgar Investments IncMLS logo
1370 Brighton Ln, Lake Villa, IL 60046

1370 Brighton Ln, Lake Villa, IL 60046

$254,900~$950/mo.*
3 Beds • 2 Baths1,394 SqFt
Robert Gawlik#11301044Listing Office:
Villager RealtyMLS logo
229 E Palm Ct, Round Lake Beach, IL 60073

229 E Palm Ct, Round Lake Beach, IL 60073

$243,500~$900/mo.*
3 Beds • 2 Baths1,546 SqFt
Iris Gomez#11299083Listing Office:
Keller Williams North Shore WestMLS logo
33 W Hawthorne Dr, Round Lake Beach, IL 60073

33 W Hawthorne Dr, Round Lake Beach, IL 60073

$164,900~$600/mo.*
2 Beds • 1 Bath902 SqFt
Toni Wardanian#11298645Listing Office:
RE/MAX PlazaMLS logo
423 W Hawthorne Dr, Round Lake Beach, IL 60073

423 W Hawthorne Dr, Round Lake Beach, IL 60073

$159,000~$600/mo.*
3 Beds • 1 Bath960 SqFt
Ivonne Payes#11296892Listing Office:
Re/Max American DreamMLS logo

About Round Lake Beach, IL

Round Lake Beach, IL has 81 homes on the market. The number of homes for sale in Round Lake Beach, IL decreased by 18.2% between November 2021 and December 2021. Listings spent 26 days on the market in December 2021, and had a median list price of $184,000 during the same period. This housing market listing prices have changed between November 2021 and December 2021: prices of 1 bedroom properties went down by 3.5%, the cost of 2 bedrooms properties went up by 10.6%, the cost of 3 bedrooms properties went up by 16.1%, 4 bedrooms properties became 27% more expensive, 5 bedrooms properties became 9.2% more expensive. Housing inventory have changed in this real estate market: 1 bedroom homes inventory did not change, 2 bedrooms homes became 8.7% less available, volume of 3 bedrooms homes went down by 21.8%, 4 bedrooms homes became 22.2% less available, number of 5 bedrooms homes remained the same. In December 2021, from all listings sold in Round Lake Beach, IL there were more than 7 sold above asking price, over 7 sold below and more than 4 were sold right at the asked price.

MLS Disclaimers and Copyright

Based on information from Midwest Real Estate Data for the period 01/01/2020 - 01/01/2022

IDX Copyright © 2022 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

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Copyright © 2022 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Last updated on: 1/20/2022, 11:15:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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