Round Lake Park, IL is a great place to invest in housing as the median value of homes there is less than the US median value of $338,100. The 1 year house appreciation rate in Round Lake Park was 8.83%; slightly higher than the national rate of 8.27%. This means that people who invest in housing in this area are likely to receive a good return on their investment over time. With the continued growth and development of Round Lake Park, IL, it's a great place to consider buying a home!
The median home cost in Round Lake Park is $212,600. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Round Lake Park is up 14.5%.
Average Age of Homes
- The median age of Round Lake Park real estate is 24 years old
The Rental Market in Round Lake Park
- Renters make up 16.4% of the Round Lake Park population
- 0.0% of houses and apartments in Round Lake Park, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.