Valley Lakes, Round Lake, IL
Valley Lakes — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Valley Lakes, Round Lake, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Valley Lakes Neighborhood Overview
Valley Lakes is a residential neighborhood located in Round Lake, Illinois, within the 60073 ZIP code. Characterized by its family-friendly atmosphere and proximity to natural areas, it offers a suburban lifestyle with a strong sense of community. The neighborhood provides a balance of quiet living and convenient access to local amenities.
Lifestyle & Amenities
Residents enjoy a relaxed suburban lifestyle centered around community and outdoor recreation. The neighborhood is close to several parks and the namesake lakes, offering opportunities for fishing, walking, and family picnics. Daily conveniences, including shopping and dining options, are readily accessible in nearby commercial areas of Round Lake.
Real Estate Market
The Valley Lakes real estate market primarily consists of single-family homes. According to the U.S. Census, the median home value is $202,800, while current market data shows an average price per square foot of approximately $168. This indicates a market that provides relative affordability within the Greater Chicago region.
Schools & Education
Families in Valley Lakes are served by the Round Lake Area Schools district (Community Unit School District 116). The district operates several elementary, middle, and high schools in the area. Parents are encouraged to research specific school boundaries and ratings as they can vary within the neighborhood.
Transportation & Connectivity
Valley Lakes is conveniently situated near major roadways, including Route 83 and Route 134, providing straightforward commutes to surrounding employment centers. While primarily car-dependent, the neighborhood offers good connectivity to the broader Lake County region. Public transit options are available through Pace bus services connecting to Metra rail stations.
Why Choose Valley Lakes
Valley Lakes is an excellent choice for homebuyers seeking an affordable, family-oriented community in Lake County. With a median household income of $88,279, the neighborhood offers a stable economic environment. Its combination of natural surroundings, community feel, and accessible location makes it a practical and appealing suburban destination.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Valley Lakes Market Data
| Metric | Value |
|---|---|
| Median Home Price | $203K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $88K |
| Homeownership Rate | 76.5% |
| Renter-Occupied | 23.5% |
| Rental Vacancy Rate | 4.5% |
| Market Type | Balanced |
| Market Tier | Mid-Market |
| Primary ZIP Code | 60073 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 262,923 |
| VA Loan Originations | 10,875 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $270K |
| Conventional Loan Originations | 219,732 |
| FHA Loan Originations | 32,316 |
Top Real Estate Agents in Valley Lakes, Round Lake
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Valley Lakes, Round Lake, IL. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Illinois Department of Financial and Professional Regulation (IDFPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-14