Comprehensive market data and analysis• Updated Dec 2025
9.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 4 | 4 | 5 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 4 | 4 | 5 |
Acreage buckets
The median price for land in Round Lake, Illinois is currently $144K per acre. For a typical parcel, the median sale price is $32K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $20K while premium lots reached $43K.
Round Lake, Illinois is currently a buyer's market with 9.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Round Lake, Illinois currently has 9.0 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
Land in Round Lake, Illinois averages $170K per acre. The median price per acre is $144K, which may be more representative of typical transactions. Most parcels sold are around 6,970 sq ft.
Over the past 12 months, Round Lake, Illinois saw 5 properties sold, totaling $158K in sales volume. In just the last 3 months, 4 properties changed hands.
The 3-month absorption rate in Round Lake, Illinois is 11.1%. The 12-month rate is 3.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Round Lake, Illinois stands at $32K. This translates to roughly $144K per acre for the typical parcel size. The average price is $32K, showing a fairly consistent market.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
