All Home Types
Round Lake, IL Housing Market
What is the housing market like in Round Lake today?
In October 2024, Round Lake home prices were up 17.5% compared to last year, selling for a median price of $285K. On average, homes in Round Lake sell after 49 days on the market compared to 56 days last year. There were 16 homes sold in October this year, up from 10 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$285,000
+17.5% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Round Lake, IL
$285,000
+17.5%
United States
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Round Lake Migration & Relocation Trends
In Aug '24 - Oct '24, 14% of Round Lake homebuyers searched to move out of Round Lake, while 86% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Round Lake from outside metros.
- New York homebuyers searched to move into Round Lake more than any other metro followed by Peoria and St. Louis.
Where are people moving to Round Lake from?
- 86% of Round Lake homebuyers searched to stay within the Round Lake metropolitan area.
- South Bend was the most popular destination among Round Lake homebuyers followed by Milwaukee and Cape Coral.
Where are people from Round Lake moving to?
Number of People Moving to Round Lake
least
most
People are moving to Round Lake from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Aug '24 - Oct '24 | ||
| 1 | 2,053 | ||
| 2 | 1,103 | ||
| 3 | 730 | ||
| 4 | 670 | ||
| 5 | 488 | ||
| 6 | 449 | ||
| 7 | 414 | ||
| 8 | 321 | ||
| 9 | 194 | ||
| 10 | 169 | ||
People are leaving Round Lake for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Aug '24 - Oct '24 | ||
| 1 | 1,552 | ||
| 2 | 1,440 | ||
| 3 | 1,373 | ||
| 4 | 1,096 | ||
| 5 | 870 | ||
| 6 | 766 | ||
| 7 | 689 | ||
| 8 | 670 | ||
| 9 | 608 | ||
| 10 | 604 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
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