REAL ESTATE MARKET
ISLAND LAKE, ILLINOIS
February 2023
HOW MANY MONTHS WILL IT TAKE TO SELL ALL HOMES?
- 1.89monthsTo Sell All Homes Presently For Sale
HOW MUCH DID island lake BUYER PAY?
Buyers payed
Under asking price
2
Buyers payed
At asking price
2
Buyers payed
Over asking price
1
There are more island lake buyers paying under asking price.
WHY DOES island lake HAVE A SELLER'S MARKET?
HOW island lake market trend from last Year?
WHAT TYPES OF HOMES ARE SELLING?
HOW LONG DOES IT TAKE TO SELL IN island lake?
HOW ARE PRICES TRENDING IN island lake?
Avarage list price decrease
Buyers bargain harder
December
$417KJanuary
$392K
Median sold price decrease
Buyers bargain harder
December
$334KJanuary
$242K
WHAT CAN I BUY IN island lake ON MY BUDGET ?
LOW PRICE RANGE
MID PRICE RANGE
HIGH PRICE RANGE
$178K-$210K
BedroomsBathroomsHome size
3
2
1381Sq. Ft.
$210K-$286K
BedroomsBathroomsHome size
3
2.5
1513Sq. Ft.
$286K-$330K
BedroomsBathroomsHome size
3
3
1889Sq. Ft.
WHAT IS FOR SALE IN island lake TODAY?
island lake REAL ESTATE MEDIAN SALES PRICE BY MONTH
Schools in island lake
| School Name | Grand Level | For Sale |
|---|---|---|
| cotton creek school | Pre-School - 5th Grade | View Homes For Sale |
| School Name | Grand Level | For Sale |
|---|---|---|
| matthews middle school | 6th Grade - 8th Grade | View Homes For Sale |
Subdivisions in island lake
| Subdivision | |
|---|---|
| prairie woods and walnut glen (8 for sale) | View Homes For Sale |
| fox river shores (3 for sale) | View Homes For Sale |
| nantucket village (2 for sale) | View Homes For Sale |
| waters edge (2 for sale) | View Homes For Sale |
| island lake estates (1 for sale) | View Homes For Sale |
| westridge (1 for sale) | View Homes For Sale |
| mylith park (1 for sale) | View Homes For Sale |
New For Sale in Island Lake
| Date | Address | Beds | Baths | Sq.Ft. | Price | |
|---|---|---|---|---|---|---|
|
Jan 19, 2023 | 306 hillside | 3 | 1 | 952 ft2 | $180K |
|
Nov 21, 2022 | 316 island | 2 | 2 | 882 ft2 | $205K |
|
Jan 16, 2023 | 2220 walnut glen | 2 | 2 | 1,936 ft2 | $416K |
|
Jan 24, 2023 | 4369 waters edge | 3 | 2 | 0 ft2 | $195K |
|
Jan 24, 2023 | 2327 fen view | 3 | 3 | 1,893 ft2 | $361K |
|
Jan 16, 2023 | 2210 walnut glen | 4 | 3 | 2,875 ft2 | $449K |
| Jun 02, 2022 | 706 burnett | 3 | 4 | 4,147 ft2 | $1M | |
| Jan 19, 2023 | 27715 oak | 0 ft2 | $29K | |||
| Nov 16, 2022 | 27866 converse | 0 ft2 | $30K |
