Third Lake, IL Housing Statistics

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47%

Med. Home Val. NAT. AVG.

53%

Rent NAT. AVG.

53%

Owner Occ. NAT. AVG.

Third Lake Housing Information

Index	Third Lake	Illinois	National
Median home price	$479,093	$308,565	$326,622
Median rent asked	$2,213	$1,374	$1,444
Avg. people per household	2.6	2.6	2.6
Owner occupied households	97.1%	66.0%	63.6%
Renter occupied households	2.9%	34.0%	36.4%

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Housing Quick Facts

The median home price in Third Lake is 47% higher than the national average.
The median rent asked in Third Lake is 53% higher than the national average.
The average number of people per household in Third Lake is 1% lower than the national average.
The number of owner occupied households in Third Lake is 53% higher than the national average.
The number of renter occupied households in Third Lake is 92% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Park City, IL	7,894	$40,687	88%
North Chicago, IL	30,865	$190,433	42%
Round Lake Park, IL	8,005	$218,272	33%
Zion, IL	24,329	$241,763	26%
McCullom Lake, IL	1,222	$245,561	25%
Third Lake, IL	1,192	$479,093	47%

Cities with similar population

	Population	Home Price	National Avg.
Arlington, GA	1,192	$135,944	58%
Kaumakani, HI	1,192	$0	100%
Ninnekah, OK	1,192	$254,139	22%
Hawley, PA	1,192	$242,892	26%
Millers Falls, MA	1,192	$330,987	1%
Third Lake, IL	1,192	$479,093	47%

Source: The Third Lake, IL housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.