New Downward Trend in Contracts for Round Lake Real Estate Market

The Round Lake market saw two homes go under contract and failed to break out of a new downward trend. Despite that, total home sales rose to two over the last 30 days. The median sales price dropped to $251,750 over the latest reporting period for Round Lake, down from $260,500. Even after the uptick in sales, an elevated eight months of inventory tells us that Round Lake is still a definite buyer's market.

Any of these new listings in Round Lake could be your dream home, so be sure to check them out:

$169K   $274K   $299K  

Get started right now by checking out Round Lake homes for sale or reviewing Round Lake real estate trends.

Demographic facts for Round Lake:

  • The median house value here is $102,600.
  • The area gets an average of 124 rainy days each year. (U.S. average: 100)
  • This area has an unemployment rate of 6.1%.
  • The student-to-teacher ratio is 13.5:1. (15.3:1 = national average)

Data reported through 10/12/2016


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