Tower Lakes, IL Housing Statistics

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157%

Med. Home Val. NAT. AVG.

139%

Rent NAT. AVG.

51%

Owner Occ. NAT. AVG.

Tower Lakes Housing Information

Index	Tower Lakes	Illinois	National
Median home price	$838,538	$308,565	$326,622
Median rent asked	$3,452	$1,374	$1,444
Avg. people per household	3.3	2.6	2.6
Owner occupied households	96.2%	66.0%	63.6%
Renter occupied households	3.8%	34.0%	36.4%

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Homes For Sale In Tower Lakes, IL

308 Summit St

Barrington, IL

Housing Quick Facts

The median home price in Tower Lakes is 157% higher than the national average.
The median rent asked in Tower Lakes is 139% higher than the national average.
The average number of people per household in Tower Lakes is 26% higher than the national average.
The number of owner occupied households in Tower Lakes is 51% higher than the national average.
The number of renter occupied households in Tower Lakes is 89% 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%
Round Lake Park, IL	8,005	$218,272	33%
McCullom Lake, IL	1,222	$245,561	25%
Waukegan, IL	90,063	$251,387	23%
Round Lake Beach, IL	28,313	$268,049	18%
Tower Lakes, IL	1,320	$838,538	157%

Cities with similar population

	Population	Home Price	National Avg.
Cayuga, IN	1,320	$126,746	61%
Fayette, OH	1,320	$127,911	61%
Sturgeon, PA	1,320	$300,372	8%
Hudson Lake, IN	1,320	$174,318	47%
Friedens, PA	1,320	$232,561	29%
Tower Lakes, IL	1,320	$838,538	157%

Source: The Tower Lakes, 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.