Island Lake Real Estate Market Overview

Could Island Lake, IL be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about Island Lake. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near Island Lake such... as Wauconda and Lakemoor. When you’re ready, Trulia has 55 resale and new homes in Island Lake lined up for you, including 2 open houses, and 27 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$141,000

Median Sales Price

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$117

Price Per Sqft

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$1,300

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in Island Lake show a 4% year-over-year rise in median sales price and a 0% rise in median rent per month.

Median Sales Price
The median sales price for homes in Island Lake for Feb 19 to May 18 was $141,000 based on 22 home sales.
Price Per Square Ft.
Average price per square foot for Island Lake was $117, an increase of 24% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in Island Lake for Apr 20 to May 20 was $1,300.

Crime

Most frequent crimes in the past year

Knowing more about crime activity in Island Lake can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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Crime data for the past year is not available at this location.


Best Schools in Island Lake

There are 2 schools in Island Lake.

Elementary Schools
7

Cotton Creek School

Public, K - 5

Middle Schools
8

Matthews Middle School

Public, 6 - 8

High Schools

There are no high schools in Island Lake.


Demographics

Get to know your neighbors in Island Lake by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
26%
Single residents
Home owners
86%
Home owners
Median age
36
Median age
Household income
$71,666
Median household income
College educated
27%
College educated

Commute

Most people in Island Lake commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
97% commute by car
0% commute by bike
1% commute by public transportation
0% commute by foot

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