Data as of September 2026. Source: Realtor.com.
The ISLAND LAKE, IL real estate market (60042) currently shows 20 active listings, with 11 pending sales. Homes are averaging 25 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 25 days on market compared to 30 days last year.
The median listing price has fallen 0% year-over-year, from $354,950 to $354,925.
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 September 2026, there are 20 active listings in ISLAND LAKE, IL (zip code 60042), compared to 22 the prior year.
The median listing price in ISLAND LAKE, IL 60042 is $354,925 as of September 2026, a 0% increase from $354,950 the prior year.
Homes in ISLAND LAKE, IL 60042 spend an average of 25 days on the market before going under contract, compared to 30 days the prior year.
Based on current inventory and days-on-market data as of September 2026, ISLAND LAKE, IL 60042 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 25 days on market compared to 30 days last year.
With SELL123.com's maximum 3% commission, sellers in ISLAND LAKE, IL 60042 save an estimated $7,099 compared to a typical 5% commission on the median listing price of $354,925. 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.