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Third Lake Real Estate Market Facts

  • $251,900Median home price
    44% higher than Illinois
  • $2,176Median rent asked
    135% higher than Illinois
  • 92.1%Home owners
    40% higher than Illinois
  • 2.9People per home
    14% higher than Illinois

Third Lake Home Affordability

  • $251,900Median home price
    44% higher than Illinois
  • $111,136Median home income
    88% higher than Illinois
  • 2.3xHome price to income ratio
    23% lower than Illinois

Third Lake Affordability Calculator

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Third Lake Mortgage Calculator

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Third Lake Demographics

  • 1,266Population
  • 2,159People / sq mile
  • 45.1Median age
  • 1.1:1Male/Female ratio

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.
Tidmore Bend, AL1,266$97,80047%
Burgin, KY1,266$102,40045%
Rosenhayn, NJ1,266$178,5003%
Edina, MO1,266$66,00064%
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).