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Round Lake, IL

Full City Profile · Illinois · McHenry County County

3.7 /5.0
B+ Good
18,588 Population 3,343/sq mi density
$108,965 Median Income $42,300 per capita
$257,400 Home Value $317,780 Zillow
$1,494 Median Rent 33.1% income on rent
48°F Avg Temperature 260 sunny days/yr
88 Violent Crime/100K 657 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$108,965 median income, 4.8% unemployment
A+
Affordability
5.0 / 5.0
$257,400 home value, $1,494/mo rent
F
Safety
1.0 / 5.0
88 violent crimes/100K
A
Education
4.2 / 5.0
40.5% bachelor's degree or higher

Housing Overview

Median Home Value
$257,400
9% below
US avg: $281,900
Median Rent
$1,494/mo
28% above
US avg: $1,163/mo
Homeownership Rate
79.4%
21% above US avg (65.4%)
Total Housing Units
6,418
Median year built: 2003

Home Value by Source

Census Median
$257,400
Zillow (ZHVI)
$317,780
Median Sale Price
$296,125
Median List Price
$280,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

79.4%
Owner-Occupied
20.6%
Renter-Occupied
79%
21%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $1,494/mo

Market Indicators (Redfin)

Median Days on Market
87 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
10
Price Drops
5.0%
of listings with price reduction
Price Per Sq Ft
$155
Active Inventory
40
homes for sale

Affordability & Housing Stock

Rent Burden
33.1%
of renters spending 30%+ of income on housing
7% above US avg (31.0%)
Median Year Built
2003
Average age of housing stock: 23 years
Homeownership Rate
79.4%

Complete Housing Data

Home Values

Census Median Value$257,400
Zillow Home Value (ZHVI)$317,780
Median Sale Price$296,125
Median List Price$280,000
Price Per Sq Ft$155

Rent

Census Median Rent$1,494
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market87
Sale-to-List Ratio1.0%
Price Drops5.0%
Homes Sold10
Active Inventory40
Price Per Sq Ft$155

Ownership & Stock

Owner-Occupied79.4%
Renter-Occupied20.6%
Homeownership Rate79.4%
Total Housing Units6,418
Median Year Built2003
Rent Burden33.1%