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Round Lake, IL Real Estate


According to census data in the year 2000 there were 2,129 housing units in Round Lake. This represents a 57.9% growth from 1,348 in 1990.

Of those housing units, 2,114 were located in either urbanized areas or urban clusters, and 15 were located in what is classified as a rural area.

Homeownership rate in Round Lake is about 78.1%. Round Lake's vacancy rate, including seasonal lodging, is about 6.2%. Average household size is 2.86 people.

The majority of houses, apartments or condos in Round Lake were built after 1979.

Statistics

Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom11.10%
Two Bedrooms24.40%
Three Bedrooms48.70%
Four Bedrooms13.40%
Five Bedrooms or more1.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.89
Median year structure was built1990
Median Value of occupied units$150,900
Median Price asked for vacant units$182,000

Rented Homes, Apartments and Condos

Average Household Size2.74
Median year structure was built1974
Median Monthly Rent asked for vacant units$625

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.70%
Second Mortgage10%
Home Equity Loan9.70%
Simple Mortgage63.40%
Debt Free16.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs25.6%