Island Lake Housing Information - Census

IndexIsland LakeIllinoisNational
Median home price$154,900$174,800$184,700
Median rent asked$1,349$925$949
Avg. people per household2.52.62.6
Owner occupied households82.9%66.0%63.6%
Renter occupied households17.1%34.0%36.4%

Island Lake Housing Information - Zillow

IndexIsland LakeIllinoisNational
Zillow home value index$166,500$168,800$196,500
Year over year appreciation rate5.51%5.76%6.79%
5 year average appreciation rate5.22%3.66%5.28%
10 year average appreciation rate-2.38%-1.85%0.01%

Did you know?

  • The median home price in Island Lake is 16% lower than the national average.
  • The median rent asked in Island Lake is 42% higher than the national average.
  • The average number of people per household in Island Lake is 5% lower than the national average.
  • The number of owner occupied households in Island Lake is 30% higher than the national average.
  • The number of renter occupied households in Island Lake is 53% lower than the national average.

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Compare Island Lake, IL Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
McCullom Lake, IL1,011$110,60040%
Round Lake Park, IL7,989$120,00035%
Hebron, IL1,288$125,20032%
Round Lake Beach, IL27,936$125,40032%
Pistakee Highlands, IL3,263$139,30025%
Island Lake, IL8,025$154,90016%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Willow Street, PA8,030$193,3005%
Brentwood, MO8,030$208,70013%
Richland Hills, TX8,033$111,00040%
Mammoth Lakes, CA8,035$334,00081%
Kalifornsky, AK8,015$235,10027%
Island Lake, IL8,025$154,90016%
Source: The Island Lake, IL housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.