Market Summary

Third Lake, Lake County, IL

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Median Home Price Price

$391,236 $391.2K

Median Monthly Rent Rent

$1,845 $1.8K

GRM

18.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Lake County

Region Price Rent GRM Display
$350,225 $2,054 14.0x
$499,377 $1,856 22.0x
$342,483 $1,934 15.0x
$328,708 $1,845 15.0x
$323,230 $1,460 18.0x
$346,329 $2,046 14.0x
$699,166 $1,833 32.0x
$196,868 $1,380 12.0x
$690,056 $1,857 31.0x
$309,779 $1,864 14.0x
$315,380 $1,727 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets within IL outside of Lake County

Region Price Rent GRM Display
$384,311 $2,046 16.0x
$270,736 $1,787 13.0x
$363,080 $1,823 17.0x
$404,553 $1,973 17.0x
$390,919 $2,147 15.0x
$388,963 $2,099 15.0x
$729,252 $1,846 33.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of IL

Region Price Rent GRM Display
$270,727 $1,262 18.0x
$258,784 $1,060 20.0x
$490,867 $2,228 18.0x
$245,051 $1,120 18.0x
$424,158 $1,822 19.0x
$309,895 $1,165 22.0x
$392,886 $1,940 17.0x
$252,326 $1,338 16.0x
$292,582 $1,482 16.0x
$281,157 $1,633 14.0x
$385,153 $1,604 20.0x
$399,014 $1,604 21.0x
$477,618 $2,708 15.0x
$457,592 $1,811 21.0x
$217,148 $1,091 17.0x
$243,583 $1,311 15.0x
$616,006 $1,873 27.0x
$235,914 $991 20.0x
$241,724 $847 24.0x
$292,820 $1,564 16.0x
$336,937 $1,422 20.0x
$332,255 $1,569 18.0x
$344,369 $1,371 21.0x
$288,517 $915 26.0x
$322,374 $1,672 16.0x
$266,077 $1,234 18.0x
$430,853 $1,716 21.0x
$232,133 $1,132 17.0x

Home prices

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Monthly rent

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GRM

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Third Lake

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Trend Insights

Median Rent in Third Lake, IL is $1,845, with MoM change +$21 and YoY change +$163 pointing to positive momentum while volatility is low (std $42).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Third Lake, IL.

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Metric
Base market Third Lake, IL
Compare market Select a market
Delta vs base
Median rent
$1,845
N/A
Median price
$391,236
N/A
YoY change
+$163
N/A
Price-to-rent
17.7x
Data unavailable
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