Thinking of selling in Island Lake?
Island Lake homes have sold for a median of $310,000 over the past year, typically in about 9 days. It's a seller's market. Here's the full picture, and what your home is worth today.
$310,000
Median sale
123
Homes sold
12 mo
18
Avg. days on mkt
$205
Median $/sqft
11
For sale now
~1.1 mo supply
Median price by year
▲ 15.3%$375,000
612 Wood Creek Drive
3 bd · 1.5 ba · 1,591 sf · 2d · 103% of list
$237,500
3109 Lynette Lane
2 bd · 2 ba · 1,083 sf · 17d · 99% of list
$349,000
301 Channel Drive
2 bd · 2 ba · 1,986 sf · 8d · 100% of list
$352,000
935 Revere Lane
3 bd · 2 ba · 1,750 sf · 4d · 102% of list
$325,000
413 Fairfield Drive
3 bd · 1.5 ba · 1,040 sf · 5d · 99% of list
$675,222
605 Tulip Circle
4 bd · 3.5 ba · 4,124 sf · 2d · 108% of list
$260,000
3717 Greenleaf Avenue
3 bd · 1 ba · 926 sf · 17d · 95% of list
$294,000
4323 Blue Iris Court
2 bd · 3 ba · 1,360 sf · 37d · 101% of list
Sold data via MRED MLS. Shown for market reference; information deemed reliable but not guaranteed.
A seller's market
Just 11 homes for sale against 123 sales a year, roughly 1.1 months of supply, firmly a seller's market.
Timing matters
April is the window: homes listed then go under contract in about two weeks, while February listings have taken around six weeks.
Values climbing
The median sale price is up about 15.3% year over year, so equity has been building for owners here.
How fast do homes sell in Island Lake?
Over the past year, homes in Island Lake have gone under contract in about two weeks on average (18 days), with the typical home closing in about 9 days.
What is my Island Lake home worth?
Homes here have sold for a median of $310,000 over the last 12 months, around $205 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 123 sales a year, about 1.1 months of supply, Island Lake is a seller's market. Sellers here have been getting about 100% of list price.
Thinking of selling?
Not a Zestimate. A real CMA from someone who's sold this neighborhood, knows the floor plan premiums, and can tell you which upgrades the buyer pool here actually pays for.
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Your local agent
Joe has read every one of the 123 homes that sold in Island Lake this past year, at a median of $310,000, with the typical home going under contract in under two weeks. Joe knows what today's Island Lake buyer will actually pay, and what they won't.
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% of list price. Text or call any time for a straight read on your number.