Third Lake Housing Information - Census

IndexThird LakeIllinoisNational
Median home price$251,900$174,800$184,700
Median rent asked$2,176$925$949
Avg. people per household2.92.62.6
Owner occupied households92.1%66.0%63.6%
Renter occupied households7.9%34.0%36.4%

Third Lake Housing Information - Zillow

IndexThird LakeIllinoisNational
Zillow home value index$252,400$176,800$220,100
Year over year appreciation rate2.14%4.93%7.58%
5 year average appreciation rate4.43%5.07%6.57%
10 year average appreciation rate-0.81%-1.06%1.33%

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Did you know?

  • The median home price in Third Lake is 36% higher than the national average.
  • The median rent asked in Third Lake is 129% higher than the national average.
  • The average number of people per household in Third Lake is 12% higher than the national average.
  • The number of owner occupied households in Third Lake is 45% higher than the national average.
  • The number of renter occupied households in Third Lake is 78% lower than the national average.

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Compare Third Lake, IL Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Park City, IL7,402$27,90085%
North Chicago, IL30,023$106,50042%
McCullom Lake, IL1,011$110,60040%
Zion, IL24,195$116,80037%
Waukegan, IL88,159$118,60036%
Third Lake, IL1,266$251,90036%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Rosenhayn, NJ1,266$178,5003%
Burgin, KY1,266$102,40045%
Edina, MO1,266$66,00064%
Oyster Creek, TX1,266$70,00062%
Johnson City, KS1,266$84,80054%
Third Lake, IL1,266$251,90036%
Source: The Third Lake, IL housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.