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Round Lake Park, IL

Full City Profile · Illinois · McHenry County County

3.0 /5.0
B Good
7,833 Population 3,784/sq mi density
$57,486 Median Income $26,624 per capita
$157,900 Home Value $218,832 Zillow
$1,320 Median Rent 30.5% income on rent
48°F Avg Temperature 260 sunny days/yr
27 Violent Crime/100K 1,102 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$57,486 median income, 4.2% unemployment
A+
Affordability
5.0 / 5.0
$157,900 home value, $1,320/mo rent
F
Safety
1.0 / 5.0
27 violent crimes/100K
C
Education
2.3 / 5.0
16.3% bachelor's degree or higher

Housing Overview

Median Home Value
$157,900
44% below
US avg: $281,900
Median Rent
$1,320/mo
13% above
US avg: $1,163/mo
Homeownership Rate
86.5%
32% above US avg (65.4%)
Total Housing Units
3,248
Median year built: 1994

Home Value by Source

Census Median
$157,900
Zillow (ZHVI)
$218,832
Median Sale Price
$227,000
Median List Price
$219,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

86.5%
Owner-Occupied
13.5%
Renter-Occupied
87%
14%
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: $1,320/mo

Market Indicators (Redfin)

Median Days on Market
81 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
14.3%
of listings with price reduction
Price Per Sq Ft
$190
Active Inventory
21
homes for sale

Affordability & Housing Stock

Rent Burden
30.5%
of renters spending 30%+ of income on housing
2% below US avg (31.0%)
Median Year Built
1994
Average age of housing stock: 32 years
Homeownership Rate
86.5%

Complete Housing Data

Home Values

Census Median Value$157,900
Zillow Home Value (ZHVI)$218,832
Median Sale Price$227,000
Median List Price$219,000
Price Per Sq Ft$190

Rent

Census Median Rent$1,320
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 Market81
Sale-to-List Ratio1.0%
Price Drops14.3%
Homes Sold7
Active Inventory21
Price Per Sq Ft$190

Ownership & Stock

Owner-Occupied86.5%
Renter-Occupied13.5%
Homeownership Rate86.5%
Total Housing Units3,248
Median Year Built1994
Rent Burden30.5%