Island Lake Real Estate Market Continues Weakening in Contracts

Sales fell to 12 homes sold in the Island Lake market over the last 30 days. Furthermore, a confirmed downturn in the number of pending transactions continued, with 14 completed in the same period. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price rose to $125,349 this week.

Want a home with a large living space in Island Lake? Start your search with these listings that provide the most in the area:

$475K   $460K   $335K  

Get started right now by checking out Island Lake homes for sale or reviewing Island Lake real estate trends.

Demographic facts about Island Lake:

  • 19 years old is the median age of all the homes in the area.
  • This area usually gets 33.1 inches of snow each year. (U.S. average: 25)
  • The job growth rating in this area is 65. (Scale: 1 = Worst, 100 = Best)
  • Schools spend an average of $4,669 for each student in this area. ($5,691 = national average)

Data reported through 10/12/2016

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Ask a local expert about this area:
RE/MAX Advantage Realty
Snapped 1 home in this area
RE/MAX Suburban
Snapped 1 home in this area

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