Island Lake, IL 60042 Real Estate & Property Data

Island Lake, IL 60042 Real Estate Market Trends
Last Updated: April 26, 2024

A total of 157 residential properties have been sold over the past 12 months in 60042. With a median sales price of $239,750 in 60042 and a total of 2 foreclosures in Island Lake, IL 60042. Discover market trends and get the granular level real estate data for Island Lake, IL 60042 to keep your pulse on the housing market. Curate compelling home reports for Island Lake, IL 60042 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Island Lake, IL 60042 Real Estate Market Trends
Total Residential Properties 3,342
Total Commercial Properties 102
Avg. Home Age (Single Family Home) 44 Years
Avg. Square Feet (Single Family Home) 1,537
Total 2024 Residential Sales (year-to-date) 21
% of Homes Seriously Underwater (Q2 2024) 0.66%
Total 2023 Residential Sales 141
% of Equity Rich Homes (Q2 2024) 45.9%
Effective 2023 Property Tax 1.99%
Total Foreclosure Filings (year-to-date) 6
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Island Lake, IL 60042 Real Estate Overview

There were 157 residential properties sold in the past year in Island Lake, IL 60042. The median home value in Island Lake, IL 60042 is $266,164. There are a total of 3,342 residential properties in the 60042.

Median Sales Price i
$239,750
(Feb 2024)
-30.4%
year-over-year
y-o-y
  • February '24 Feb '24 $239,750
  • January '24 Jan '24 $225,750
  • December '23 Dec '23 $238,250
  • November '23 Nov '23 $267,500
  • October '23 Oct '23 $222,500
  • September '23 Sep '23 $262,000
  • August '23 Aug '23 $297,500
  • July '23 Jul '23 $245,000
  • June '23 Jun '23 $205,000
  • May '23 May '23 $240,000
  • April '23 Apr '23 $260,000
  • March '23 Mar '23 $231,000
Median Down Payment i
$30,574
(Feb 2024)
+7.5%
year-over-year
y-o-y
  • February '24 Feb '24 $30,574
  • January '24 Jan '24 $22,225
  • December '23 Dec '23 $9,386
  • November '23 Nov '23 $15,000
  • October '23 Oct '23 $10,675
  • September '23 Sep '23 $18,925
  • August '23 Aug '23 $28,437
  • July '23 Jul '23 $55,500
  • June '23 Jun '23 $18,086
  • May '23 May '23 $20,000
  • April '23 Apr '23 $5,525
  • March '23 Mar '23 $47,000
Number of Homes Sold i
13
(Feb 2024)
+85.7%
year-over-year
y-o-y
  • February '24 Feb '24 13
  • January '24 Jan '24 8
  • December '23 Dec '23 9
  • November '23 Nov '23 14
  • October '23 Oct '23 13
  • September '23 Sep '23 16
  • August '23 Aug '23 16
  • July '23 Jul '23 9
  • June '23 Jun '23 19
  • May '23 May '23 20
  • April '23 Apr '23 7
  • March '23 Mar '23 6
Number of Purchase Loans i
12
(Feb 2024)
+500%
year-over-year
y-o-y
  • February '24 Feb '24 12
  • January '24 Jan '24 12
  • December '23 Dec '23 11
  • November '23 Nov '23 13
  • October '23 Oct '23 15
  • September '23 Sep '23 19
  • August '23 Aug '23 15
  • July '23 Jul '23 11
  • June '23 Jun '23 19
  • May '23 May '23 21
  • April '23 Apr '23 7
  • March '23 Mar '23 5
Number of REFI Loans i
2
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 10
  • December '23 Dec '23 4
  • November '23 Nov '23 6
  • October '23 Oct '23 7
  • September '23 Sep '23 7
  • August '23 Aug '23 8
  • July '23 Jul '23 4
  • June '23 Jun '23 4
  • May '23 May '23 5
  • April '23 Apr '23 3
  • March '23 Mar '23 11
Number of HELOC Loans i
4
(Feb 2024)
+33.3%
year-over-year
y-o-y
  • February '24 Feb '24 4
  • January '24 Jan '24 2
  • December '23 Dec '23 4
  • November '23 Nov '23 3
  • October '23 Oct '23 4
  • September '23 Sep '23 5
  • August '23 Aug '23 4
  • July '23 Jul '23 4
  • June '23 Jun '23 5
  • May '23 May '23 4
  • April '23 Apr '23 5
  • March '23 Mar '23 2

Island Lake, IL 60042 Foreclosure Activity

There were a total of 2 Island Lake, IL 60042 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
2
(Feb 2024)
  • February '24 Feb '24 2
  • January '24 Jan '24 4
  • December '23 Dec '23 4
  • November '23 Nov '23 2
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 2
  • July '23 Jul '23 N/A
  • June '23 Jun '23 2
  • May '23 May '23 2
  • April '23 Apr '23 2
  • March '23 Mar '23 3
Foreclosure Starts i
2
(Feb 2024)
  • February '24 Feb '24 2
  • January '24 Jan '24 2
  • December '23 Dec '23 1
  • November '23 Nov '23 1
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 1
  • July '23 Jul '23 N/A
  • June '23 Jun '23 1
  • May '23 May '23 1
  • April '23 Apr '23 2
  • March '23 Mar '23 2
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 1
  • June '23 Jun '23 2
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
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