Home prices
The price of the median home in Round Lake is $58,200. In comparison to its surrounding areas this is roughly $35,500 (37%) lower.In comparison to the rest of the nation it is about $159,300 (73%) lower, and in comparison to the city of Sioux Falls it is approximately $131,600 (69%) lower.
Rents
In Round Lake the median monthly rent is $625. This is roughly $50 (7%) lower in comparison to its nearby areas.In comparison to the nation as a whole it is about $437 (41%) lower, and it is about $202 (24%) lower in comparison to the city of Sioux Falls.
Nearby places
Harris
Harris is roughly 6 miles south of Round Lake. Housing prices there are somewhat more expensive. The median home in Harris is valued at $65,000, which comes out to $6,800 (10%) higher than Round Lake. The rent there is a lot less expensive. The median rent in Harris is $439 per month, which is $186 (42%) lower than Round Lake.
Worthington
Worthington is roughly 8 miles northwest from Round Lake. Its housing prices are significantly more expensive. The median home in Worthington costs $132,500, which works out to $74,300 (56%) higher than Round Lake. Rent there is a little more expensive. In Worthington the median monthly rent is $737, which is $112 (15%) higher than Round Lake.
Lake Park
Lake Park is roughly 8 miles southeast from Round Lake. Housing prices there are significantly more expensive. The value of the median home in Lake Park is $115,900, which comes out to $57,700 (49%) higher than Round Lake. The rent there is a bit more expensive. In Lake Park the median rent is $775 per month, which comes out to $150 (19%) higher than Round Lake.
Bigelow
Bigelow is roughly 9 miles west from Round Lake. The real estate prices there are fairly similar. The median home in Bigelow is valued at $58,800, which is $600 (1%) higher than Round Lake. Rent there is a little more expensive. The median rent in Bigelow is $850 a month, which is $225 (26%) higher than Round Lake.
Brewster
Brewster is roughly 10 miles north of Round Lake. Its housing prices are significantly more expensive. The median home price in Brewster is $96,300, which is $38,100 (39%) higher than Round Lake. Its rents are somewhat less expensive. In Brewster the median rent is $575 a month, which comes out to $50 (8%) lower than Round Lake.