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Island Lake Housing Market Report

August 2026 • Updated daily from MLS data

$344,088
Average Price
8
Active Listings
67
Avg Days on Market
$230
Avg Price/Sqft
0
New This Week

Inventory by Property Type

Active listings in Island Lake broken down by property type

Price Distribution

How Island Lake home prices are distributed across price ranges

Under $100K
0
$100K–$200K
0
$200K–$300K
3
3
$300K–$500K
4
4
$500K–$750K
1
1
$750K–$1M
0
$1M+
0

Listings by Bedrooms

Bedroom count breakdown for active listings in Island Lake

1
1 Bed
2
2 Bed
4
3 Bed
0
4 Bed
0
5+ Bed

Demographics & Community

Census data for Island Lake, Illinois

8,039
Population
$91,852
Median Household Income
40.2
Median Age
$223,100
Census Median Home Value

Housing Occupancy

Total Housing Units3,118
Owner-Occupied2,358 (81.0%)
Renter-Occupied552 (19.0%)
Vacant Units208
Median Rent$1,754/mo

Commute & Education

Median Commute3575 min
Work From Home6.0%
Public Transit0.6%
Bachelor's Degree+19.0%
High School Diploma+0.3%

Affordability & Housing Costs

HUD data for the Island Lake area

Fair Market Rent (2024)

Studio$1,399/mo
1 Bedroom$1,507/mo
2 Bedroom$1,714/mo
3 Bedroom$2,182/mo
4 Bedroom$2,583/mo

Safety & Crime Statistics

Crime data for Island Lake (2024)

5
Violent Crimes
44
Property Crimes
5
Burglaries
4
Vehicle Thefts

School Districts

School districts serving Island Lake properties

118

Featured Listings in Island Lake

Top properties currently on the market

Save $7,923 on the Average Island Lake Home

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