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Round Lake, IL Home Values and Rents

The typical home value in Round Lake is $328,884, 178th highest of 696 cities and towns in Illinois. Median rent is $2,533 a month.

Typical home value
$328,884
178th of 696 in IL
Median rent
$2,533/mo
Zillow observed rent
Price change, 1 year
+4.2%
Sep 2026
Homeownership
77.2%
IL: 67.1%

Home sale prices in the Chicago-Naperville-Elgin, IL-IN area

Zillow median sale price, Sep 2026

$345,909+6.4% from a year earlier

Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.

Typical home value in Round Lake

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodRound Lake
Sep 2026$328,884
Dec 2025$319,932
Dec 2024$305,311
Dec 2023$282,685
Dec 2022$264,201
Dec 2021$243,040
Dec 2020$213,983
Dec 2019$202,026
Dec 2018$198,411
Dec 2017$193,078
Dec 2016$182,740
Dec 2015$172,262
Dec 2014$162,237
Dec 2013$149,854
Dec 2012$130,784

Over five years, Round Lake prices changed +37.6%.

Source: Zillow Research · Last updated 09/01/2026

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Home values by ZIP code

Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index

Swipe the table sideways to see more columns.

#ZIP codeMedian valueMedian rent1-year5-year
160073$231,200$1,615+10.1%+71.6%

Fair Market Rents, FY2027

HUD rent standard for Chicago-Joliet-Naperville, IL HUD Metro FMR Area

IL rents
Unit sizeMonthly rentvs FY2026
Studio$1,678+13.4%
1 bedroom$1,780+12.6%
2 bedrooms$2,011+12.9%
3 bedrooms$2,586+12.7%
4 bedrooms$2,954+11.3%

Frequently asked questions

What is the typical home value in Round Lake, IL?
The typical home value in Round Lake is $328,884 (Zillow Home Value Index, Sep 2026). The Illinois median is $263,300.
How much is rent in Round Lake?
The median rent in Round Lake is $2,533 a month (Zillow Observed Rent Index). HUD's FY2027 Fair Market Rent for a two-bedroom unit is $2,011.
Are home prices going up in Round Lake?
The typical home value in Round Lake changed +4.2% over one year and +37.6% over five years, as of Sep 2026.
How does Round Lake compare with the rest of Illinois?
Round Lake has the 178th highest median home value of 696 cities and towns with 1,000+ residents in Illinois.
Which ZIP code in Round Lake has the highest home values?
ZIP code 60073 has the highest median home value at $231,200.