Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 2,718, 820 total housing units (homes and apartments), and a median house value of $213,569, Round Lake Heights real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Round Lake Heights, accounting for 93.20% of the village's housing units. Other types of housing that are prevalent in Round Lake Heights include large apartment complexes or high rise apartments ( 5.89%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Round Lake Heights. Owner-occupied housing accounts for 73.17% of Round Lake Heights's homes, and 74.41% have either three or four bedrooms, which is average sized relative to America.
Round Lake Heights homes and real estate are some of the newest in America. 41.00% of Round Lake Heights's housing was built since 2000, making the village have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Round Lake Heights real estate market has to offer. Quite a bit of the housing here was also built between 1940-1969 ( 35.67%), and between 1970-1999 ( 22.99%).
Homes have actually lost value in Round Lake Heights over the last then years, as home values have seen a decline of 26.68% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Round Lake Heights home appreciation rates at 0.43%, which equates to an annual appreciation rate of 1.74%.
NeighborhoodScout's data show that during the latest twelve months, Round Lake Heights's appreciation rate, at 5.45%, has been at or slightly above the national average. In the latest quarter, Round Lake Heights's appreciation rate has been 0.43%, which annualizes to a rate of 1.74%.
Relative to Illinois, our data show that Round Lake Heights's latest annual appreciation rate is higher than 80% of the other cities and towns in Illinois.
|$858,001 - $1,144,000||0.0|
|$572,001 - $858,000||1.6|
|$458,001 - $572,000||1.3|
|$343,001 - $458,000||6.1|
|$229,001 - $343,000||15.5|
|$114,001 - $229,000||45.3|
|$57,001 - $114,000||23.4|
|$0 - $57,000||6.2|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Round Lake Heights HOMES|
|2000 or Newer||41.0|
|1970 - 1999||23.0|
|1940 - 1969||35.7|
|1939 or Older||0.3|
|TYPE OF Round Lake Heights HOMES|
|Small Apt. Buildings||0.9|
|SIZE OF Round Lake Heights HOMES|
|5 or more bedrooms||9.40|