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Thinking of selling in Island Lake?

Sell your home in Island Lake

Island Lake homes have sold for a median of $309,950 over the past year, and the typical one went under contract in 9 days. It's a seller's market. Here's the full picture, and what your home is worth today.

The Island Lake market right now

Live from MLS closings · last 12 months

$309,950

Median sale

124

Homes sold

12 mo

9

Median days on mkt

$206

Median $/sqft

11

For sale now

~1.1 mo supply

Median price by year

▲ 11.9%
$270K2024$286K2025$320K2026

Recently sold in Island Lake

918 Knightsbridge Drive, soldOct 2026

$333,000

918 Knightsbridge Drive

3 bd · 1.5 ba · 1,513 sf · 7d · 102% of list

795 Newport Drive, soldOct 2026

$315,000

795 Newport Drive

3 bd · 1 ba · 1,089 sf · 4d · 105% of list

3116 Cedar Terrace, soldOct 2026

$265,000

3116 Cedar Terrace

2 bd · 1 ba · 960 sf · 24d · 95% of list

3425 Burr Oak Lane, soldOct 2026

$509,000

3425 Burr Oak Lane

5 bd · 4 ba · 2,039 sf · 13d · 100% of list

3612 Hale Lane, soldOct 2026

$349,900

3612 Hale Lane

3 bd · 1.5 ba · 1,700 sf · 20d · 97% of list

3403 Southport Drive, soldOct 2026

$261,000

3403 Southport Drive

3 bd · 1.5 ba · 1,275 sf · 50d · 97% of list

3318 Southport Drive, soldOct 2026

$230,000

3318 Southport Drive

1 bd · 2 ba · 1,083 sf · 22d · 98% of list

571 Newport Court, soldOct 2026

$290,000

571 Newport Court

3 bd · 1 ba · 1,219 sf · 7d · 100% of list

Sold data via MRED MLS. Shown for market reference; information deemed reliable but not guaranteed.

What the sales data shows in Island Lake

A seller's market

Just 11 homes for sale against 124 sales a year, roughly 1.1 months of supply, firmly a seller's market.

Timing matters

Homes that closed in May typically went under contract in 5 days, while November closings took 21 days.

Values climbing

The median sale price is up about 11.9% year over year, so equity has been building for owners here.

Selling in Island Lake: common questions

How fast do homes sell in Island Lake?

Over the past year, the typical home in Island Lake went under contract in 9 days. That is the median market time of the homes that sold in the last 12 months.

What is my Island Lake home worth?

Homes here have sold for a median of $309,950 over the last 12 months, around $206 per square foot. Every home is different, so request a free, no-obligation valuation for a figure specific to yours.

Is now a good time to sell in Island Lake?

With 11 homes for sale against 124 sales a year, about 1.1 months of supply, Island Lake is a seller's market. Sellers here have been getting about 100.1% of list price.

Joe Keegan, Island Lake real estate agent

Your local agent

Selling in Island Lake? Talk to Joe

124 homes sold in Island Lake over the past year at a median of $309,950, and the typical one went under contract in 9 days. Joe can price your home off these sales rather than a national estimate.

With only 1.1 months of inventory, the risk here isn't finding a buyer; it's underpricing and leaving money on the table. Joe prices off the actual Island Lake comps, not a national average, and sellers here have been getting about 100.1% of list price. Text or call any time for a straight read on your number.

✓Licensed IL broker✓Island Lake sold comps✓124 Island Lake sales tracked✓Sellers ~100.1% of list

Thinking of selling?

What's your home actually worth?

Not a Zestimate. A real CMA built on the homes that actually sold around you, adjusted for the floor plan, condition and upgrades that move the price.

  • Pricing range with comp-by-comp logic
  • Pre-list improvements that pay back, and the ones that don't
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