Data as of July 2026. Source: Realtor.com.
The ISLAND LAKE, IL real estate market (60042) currently shows 25 active listings, with 17 pending sales. Homes are averaging 27 days on the market before going under contract.
Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 27 days on market compared to 26 days last year.
The median listing price has risen 3.1% year-over-year, from $325,000 to $334,925.
Whether you are buying or selling in ISLAND LAKE, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 8,589 · Density: 726.2/mi² · Median household income: $89,660
Typical home value: $225,142 · Homeownership: 81.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 60042 | Island Lake, IL 60042 | 0.0 mi | 17 | $5,125,313 | $299,925 | $301,489 |
| 60013 | Cary, IL 60013 | 4.5 mi | 47 | $23,323,327 | $407,175 | $496,241 |
| 60012 | Crystal Lake, IL 60012 | 5.8 mi | 32 | $16,251,008 | $433,450 | $507,844 |
| 60050 | Mchenry, IL 60050 | 6.0 mi | 66 | $20,177,454 | $279,999 | $305,719 |
| 60073 | Round Lake, IL 60073 | 6.9 mi | 113 | $32,463,431 | $263,000 | $287,287 |
| 60060 | Mundelein, IL 60060 | 8.1 mi | 91 | $57,049,720 | $439,995 | $626,920 |
| 60030 | Grayslake, IL 60030 | 8.7 mi | 66 | $26,088,150 | $344,250 | $395,275 |
| 60047 | Lake Zurich, IL 60047 | 9.5 mi | 126 | $112,419,720 | $829,925 | $892,220 |
| 60156 | Lake In The Hills, IL 60156 | 9.8 mi | 45 | $18,884,835 | $422,475 | $419,663 |
| 60097 | Wonder Lake, IL 60097 | 11.5 mi | 67 | $23,890,123 | $317,490 | $356,569 |
| 60110 | Carpentersville, IL 60110 | 11.7 mi | 44 | $12,983,432 | $276,250 | $295,078 |
| 60061 | Vernon Hills, IL 60061 | 12.5 mi | 62 | $34,048,292 | $455,000 | $549,166 |
| 60118 | Dundee, IL 60118 | 13.1 mi | 45 | $28,773,855 | $478,750 | $639,419 |
As of July 2026, there are 25 active listings in ISLAND LAKE, IL (zip code 60042), compared to 21 the prior year.
The median listing price in ISLAND LAKE, IL 60042 is $334,925 as of July 2026, a 3.1% increase from $325,000 the prior year.
Homes in ISLAND LAKE, IL 60042 spend an average of 27 days on the market before going under contract, compared to 26 days the prior year.
Based on current inventory and days-on-market data as of July 2026, ISLAND LAKE, IL 60042 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 27 days on market compared to 26 days last year.
With SELL123.com's maximum 3% commission, sellers in ISLAND LAKE, IL 60042 save an estimated $6,699 compared to a typical 5% commission on the median listing price of $334,925. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.