In June 2019, there were five homes sold, with a median sale price of $205,000 - a 2% increase over the $201,000 median sale price for the same period of the previous year. There were 10 homes sold in Island Lake in June 2018.
The median sales tax in Island Lake for the most recent year with available data, 2017, was $4,772, approximately 2.3% of the median home sale price for June 2019.
The following table compares Island Lake to other Lake County cities with similar median sales prices in June 2019:
| City | June 2019 Home Sales | June 2018 Home Sales | % change (Total Home Sales) | June 2019 Median Sales Price | June 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lake Villa | 35 | 18 | 94.4% | $224,000 | $249,875 | -10.4% |
| Volo | 3 | 3 | 0% | $220,000 | $255,000 | -13.7% |
| Round Lake | 29 | 41 | -29.3% | $210,000 | $189,900 | 10.6% |
| Grayslake | 68 | 59 | 15.3% | $207,500 | $230,000 | -9.8% |
| Grandwood Park | 11 | 18 | -38.9% | $205,200 | $297,500 | -31% |
| Island Lake | 5 | 10 | -50% | $205,000 | $201,000 | 2% |
| Lindenhurst | 30 | 34 | -11.8% | $200,000 | $220,000 | -9.1% |
| Fox Lake | 18 | 18 | 0% | $199,500 | $141,250 | 41.2% |
| Winthrop Harbor | 15 | 16 | -6.3% | $193,000 | $164,500 | 17.3% |
| Wauconda | 12 | 17 | -29.4% | $190,250 | $235,000 | -19% |
| Fox Lake Hills | 7 | 6 | 16.7% | $189,000 | $185,500 | 1.9% |
Alerts Sign-up