Movoto Real Estate

Island Lake, IL, Market Trends

There are 32 active listings and 7 new listings in Island Lake, IL.
In Island Lake, IL, homes sold for a median price of $344,950 in May 2026.
On average, properties in Island Lake, IL sell after 10 days on the market compared to 32 days last year.
26 homes were sold in Island Lake, IL in May 2026, up from 23 last year.
Island Lake, IL is part of the Lake County R-1 School District, with 1 Elementary School, 1 Middle School, and 0 High School.

Island Lake, IL Homes For Sale

Island Lake Overview

Active Homes

32

See Active Homes

New Homes

7

Open Houses

17

See Open Houses

Price Reduced

3

See Price Reduced

Island Lake, IL Market Trends & Statistics

last updated on June 26, 2026

Schools in Island Lake, IL

Island Lake, IL hosts 2 public schools with an average rating of 5 of out 10 by GreatSchools.

School Districts

0

Elementary Schools

1

Middle Schools

1

High Schools

0

Grades:
Elementary
Middle

Cotton Creek School

public School, Grades PK, K-5

GreatSchools Rating: 5 out of 10

Island Lake, IL Property Insights

People

People

49% Female/Male
Avg Age is 37 Years Old

School

School

25% with College Degree
92% with High School Diploma

Earnings

Earnings

Avg Household Earnings $78K
7% in Poverty

Elevation

Elevation

756.37 Feet

Tree Coverage

Tree Coverage

17.66%

Average Tree Covering

June Temperature

June Temperature

70° Fahrenheit

H: 80°F L: 59°F

Days of Sunshine

Days of Sunshine

Low

Compared with the National Average

Rainfall

Rainfall

21 Inches

Island Lake, IL Neighborhood Scores

Food

Pets

Walkability

Kid Friendly

Recently Listed Homes in Island Lake, IL

Open Houses in Island Lake, IL