Skip to main content

IL area data

Royal lakes, IL

Royal lakes, IL.

Population: 1,670 (Census ACS)

Home values & appreciation

Median home value
$171,813
1-year appreciation
+1.3%
3-year appreciation
-3.5%
5-year appreciation
+6.2%
10-year appreciation
+35.0%
All-time peak (2024-04)
$184,994
House Price Index
325.3 (+6.1% YoY)

Market activity

Median sale price
$169,900
Median list price
$179,900
Median days on market
40 days
Sale-to-list ratio
100.0%
Active listings
2
1-year forecast
+1.0%

Rents

2-bedroom fair-market rent (HUD reference)
$1,220/mo
3BR fair-market rent
$1,586/mo

Affordability

Cost of living index (Average)
97.3 (100 = US avg)
Electricity rate (state-level)
17.7¢/kWh
Natural gas rate (state-level)
$11.30/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
1
Elementary schools
1
Middle schools
0
High schools
0

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
lightning, strongWind, coldWave, drought, earthquake

Climate (30-year normals)

Annual precipitation
44.5 in

Air quality

Air quality rating
Good
Median AQI (annual)
37
Days with Good air quality
310

Walkability & transit

Walkability index
2.3 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
4
Nearest national park
Gateway Arch National Park (37 mi)
Nearest airport
Burns Field (4 mi)
Nearest major airport
St Louis Regional Airport (ALN) (17 mi)
Hospitals nearby (~15 mi)
6
Avg hospital rating
3.0 / 5
Solar radiation rating
Fair (4.2 kWh/m²/day)

Migration

Net migration
-11 tax filers

Housing stock

Median year housing built
1,976
Median annual property tax
$2,299
Mean commute to work
27 min
Households with broadband internet
41.5%

Employment & development

Total county employment
7,926
Average weekly wage
$893
Top industries (by employment)
Accommodation & Food, Wholesale Trade, Construction
Annual residential building permits (county)
16

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents