Island Lake
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Island Lake Real Estate
The Village of Island Lake is about a half-century in the making, so there is a good mix of residential architecture that ranges from 50-year-old frame houses to modern construction townhomes.
List prices for attached residences in Island Lake start around $100,000, which will get you a duplex-style home with one bedroom, one bathroom and a garage. For a little more, home buyers can move into a newer townhome development that includes large floor plans, private yard space and two-car driveways in a quiet subdivision setting.
Single-family homes in Island Lake are plentiful with many winding residential streets and tree-filled lots to choose from. Prices for detached property in this Chicago suburb span from the low $100,000s (for a small frame-style home with a bit of updating needed) to $500,000 for a custom designed house with granite-clad kitchen, great room, acres of land and a prime spot on one of the area's many waterfronts.
Island Lake market trends
Average sales price
The average sale price of a home in Island Lake is represented by the chart to the right. The red line indicates the average price based on the total time frame selected in the drop-down window. The blue line indicates the average sale price for the particular month within that time frame. For more detailed information on Island Lake sign up for the trends report below or contact your Dream Town broker.
Average market time
The average number of days a home in Island Lake spends listed for sale is represented by the chart to the right. The red line indicates the average number of days based on the total time frame selected in the drop-down window. The blue line indicates the average number of days a home spent on market during the particular month within that time frame. For more detailed information on average market listing times in Island Lake sign up for the trends report below or contact your Dream Town broker.
Sales price vs. list price
The average sale price of a home compared to its listing price in Island Lake is represented by the chart to the right. The black line indicates the baseline listing price for homes during the time frame selected in the drop-down. The red line indicates the difference between the average listing price and the average sale price during the particular month within that time frame. For more detailed information on Island Lake sign up for the trends report below or contact your Dream Town broker.
Number of listings
The total number of listings in Island Lake is represented in the chart to the right. The red line represents average number of days based on the total time frame selected in the drop-down window The blue bar represents the current number of listings during the particular month of that time frame. For more detailed information on Island Lake sign up for the trends report below or contact your Dream Town broker.
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Thinking about making a move? Be prepared with a comprehensive look at the area market, delivered directly to your email every month. And don’t forget to contact your Dream Town broker if you’d like to discuss what this data means for your next move!