Real Estate Market Update for 60073 (Round Lake, IL)
Welcome to August's Market Update. Let’s take a look at residential real-estate activity in your area during the month of July. The number of active listings was down 23% from one year earlier, and up 2% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just over 160-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 14%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 140-thousand dollars. The number of units sold increased 11% year-over-year, and decreased 24% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 60073 (Round Lake, IL)
Area Information for 60073 (Round Lake, IL)
  • Population: 60,439
  • Median Age: 33.41 yr
  • Median Commute Time: 33 mins
  • Educational Climate*: 3
  • Sales Tax: 7%
  • Population Density: 2,947/sq mi
  • Population Change Since 2000: 44.75%
  • Closest Airport: Chicago O'hare International
  • Closest College: Univ St Mary The Lake-mundelein Seminary
  • Closest Jr. College: College Of Lake County
  • Median Household Income: $62,269
  • Annual Residential Turnover: 11%
  • Median Home Sales Price: $133,000
  • Closest Major Sports Team: Chicago Sky
  • Change Avg. Household Income Since 2000: 20.6%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 60073 (Round Lake, IL)
Median Age: 33.41 Married: 42% Number of Households: 18,348 Households with Children: 8,243
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 60073 (Round Lake, IL)

      School Name Distance Type Grades School Rating Parent Rating
      Park East School 0.0 mi Public K-4 4 0
      Park West School 0.0 mi Public 5-8 4 0
      Village Elementary School 0.8 mi Public 1-5 2 0
      Early Childhood Facility 0.8 mi Public PRESCHOOL-PRESCHOOL 0 0
      Round Lake Area Park District Child Dev 1.1 mi Private PRESCHOOL-6 0 0
      Rlapd Child Development Cntr 1.1 mi Private PRESCHOOL-K 0 0
      St Joseph Elementary School 1.3 mi Catholic PRESCHOOL-8 0 0
      Magee Middle School 1.5 mi Public 6-8 1 0
      Round Lake Transition Center 1.6 mi Public UNGRADE-UNGRADE 0 0
      Round Lake Senior High School 1.7 mi Public 9-12 3 3
      W J Murphy Elementary School 1.8 mi Public 1-5 1 0
      Raymond Ellis Elementary School 1.9 mi Public 1-5 1 0
      Peppermint Stick Preschool 2.2 mi Private PRESCHOOL-K 0 0
      Round Lake Beach Elementary School 2.6 mi Public 1-5 1 0
      Indian Hill Elementary School 2.8 mi Public 1-5 1 0
      Round Lake Middle School 3.0 mi Public 6-8 1 5
      Avon Center Elementary School 3.7 mi Public K-4 3 0
      First Steps Nursery School 3.9 mi Private PRESCHOOL-4 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 60073 (Round Lake, IL)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.