Why Live in Round Lake Heights
Round Lake Heights, established post-World War II, is a family-oriented neighborhood with a population of around 2,600. The area features a mix of 1940s-built minimal traditional-style homes and newer traditional-style constructions, with some bungalows and Craftsmen homes available. Many homes have front porches and vinyl siding in subdued colors, and the community is characterized by open lawns without fences, tall trees, and paved sidewalks. Chesapeake Trails Park is the largest green space, offering fishing, walking trails, a playground, and open grass areas. Cedarwood Circle Park and Fox Glen Park provide additional outdoor spaces with playgrounds. Residents enjoy local dining options such as Sammie’s burger joint, Round Lake Olando’s soda shop and pizza parlor, and Lomeli’s Rosticeria, a Mexican restaurant. Grocery shopping is convenient with a neighborhood ALDI, and other retailers like Big Lots and Kohl’s are nearby. The annual Village festival in August features live music, rides, and fireworks, fostering a strong sense of community. Round Lake Heights is about 50 miles from both Chicago and Milwaukee, with O’Hare International Airport located just under 40 miles away. The neighborhood does not have public transportation, so residents typically rely on cars.
Frequently Asked Questions
What is the average home price in Round Lake Heights, IL?
Homes for sale in Round Lake Heights, IL have an average home price of $293,035.
How many homes have sold over the last 12 months in Round Lake Heights, IL?
24 homes have sold in Round Lake Heights, IL over the last 12 months.
What are the most popular zip codes in Round Lake Heights, IL?
How much do you need to make to afford a house in Round Lake Heights?
The median home price in Round Lake Heights is $312,449. If you put a 20% down payment of $62,500 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $1,620 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $69K a year to afford the median home price in Round Lake Heights.
How are the schools in Round Lake Heights, IL?
Home Trends in Round Lake Heights, IL
On average, homes in Round Lake Heights, IL sell after 15 days on the market compared to the national average of 50 days. The median sale price for homes in Round Lake Heights, IL over the last 12 months is $287,000, up 6% from the median home sale price over the previous 12 months.
Median Sale Price
$287,000
Median Single Family Sale Price
$315,000
Average Price Per Sq Ft
$183
Number of Homes for Sale
4
Last 12 months Home Sales
24
Median List Price
$312,449
Median Change From 1st List Price
-1%
Median Home Sale Price YoY Change
6%