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Median Home Price in Round Lake Park, IL

The median home value in Round Lake Park, IL is $232,613 as of 2026-07-31, up 5.11% from a year earlier.

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Median Home Value

$232,613

Year-over-Year

+5.11%

Population

7,744

Round Lake Park ranks #193 of 279 Illinois cities tracked here by median home value, and sits 27.1% below the state's city median of $319,026. It sits in Lake County, where the county-wide median is $401,229.

Housing affordability in Round Lake Park

Median household income in Round Lake Park is $55,813, so the typical home value is about 4.2× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in Round Lake Park

Round Lake Park police recorded a violent crime rate of 90 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 90 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Round Lake Park

What is the average home price in Round Lake Park, IL?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Round Lake Park, that value is $232,613. That's up 5.11% from a year earlier. It is about 27.1% below the typical Illinois city tracked here.

Is Round Lake Park expensive compared to the surrounding area?

Homes in Round Lake Park are cheaper than Lake County as a whole, where the median is $401,229 — a difference of about 42.0%.

Is Round Lake Park affordable?

Median household income here is $55,813, so the typical home value is about 4.2× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is Round Lake Park a safe place to live?

Round Lake Park police reported 90 violent crimes per 100,000 residents, covering a population of about 7,744. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.