Active Listings
16
— vs 16 last year
Population: 8,589 · Density: 726.2/mi² · Median household income: $89,660
Typical home value: $225,142 · Homeownership: 81.7%
Data as of January 2026. Source: Realtor.com.
The ISLAND LAKE, IL real estate market (60042) currently shows 16 active listings, with 6 pending sales. Homes are averaging 35 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are selling faster, averaging 35 days on market compared to 39 days last year.
The median listing price has risen 7.1% year-over-year, from $298,675 to $320,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 60042 | Island Lake, IL 60042 | 0.0 mi | 16 | $5,390,112 | $320,000 | $336,882 |
| 60013 | Cary, IL 60013 | 4.5 mi | 44 | $20,665,568 | $399,000 | $469,672 |
| 60012 | Crystal Lake, IL 60012 | 5.8 mi | 21 | $12,670,266 | $565,000 | $603,346 |
| 60050 | Mchenry, IL 60050 | 6.0 mi | 59 | $17,544,240 | $297,700 | $297,360 |
| 60073 | Round Lake, IL 60073 | 6.9 mi | 105 | $28,310,835 | $249,999 | $269,627 |
| 60060 | Mundelein, IL 60060 | 8.1 mi | 77 | $49,403,816 | $459,995 | $641,608 |
| 60030 | Grayslake, IL 60030 | 8.7 mi | 63 | $24,964,569 | $347,450 | $396,263 |
| 60047 | Lake Zurich, IL 60047 | 9.5 mi | 112 | $97,679,008 | $836,450 | $872,134 |
| 60156 | Lake In The Hills, IL 60156 | 9.8 mi | 41 | $17,815,115 | $422,500 | $434,515 |
| 60097 | Wonder Lake, IL 60097 | 11.5 mi | 61 | $20,547,911 | $312,695 | $336,851 |
| 60110 | Carpentersville, IL 60110 | 11.7 mi | 47 | $14,933,310 | $267,500 | $317,730 |
| 60061 | Vernon Hills, IL 60061 | 12.5 mi | 63 | $35,273,889 | $475,000 | $559,903 |
| 60118 | Dundee, IL 60118 | 13.1 mi | 43 | $26,012,506 | $409,499 | $604,942 |
As of January 2026, there are 16 active listings in ISLAND LAKE, IL (zip code 60042), compared to 16 the prior year.
The median listing price in ISLAND LAKE, IL 60042 is $320,000 as of January 2026, a 7.1% increase from $298,675 the prior year.
Homes in ISLAND LAKE, IL 60042 spend an average of 35 days on the market before going under contract, compared to 39 days the prior year.
Based on current inventory and days-on-market data as of January 2026, ISLAND LAKE, IL 60042 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 35 days on market compared to 39 days last year.
With SELL123.com's maximum 3% commission, sellers in ISLAND LAKE, IL 60042 save an estimated $6,400 compared to a typical 5% commission on the median listing price of $320,000. 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.