Island Lake, IL 60042 Real Estate & Property Data

Island Lake, IL 60042 Real Estate Market Trends
Last Updated: February 22, 2024

A total of 149 residential properties have been sold over the past 12 months in 60042. With a median sales price of $238,250 in 60042 and a total of 4 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) N/A
% of Homes Seriously Underwater (Q1 2024) 0.66%
Total 2023 Residential Sales 141
% of Equity Rich Homes (Q1 2024) 42.46%
Effective 2023 Property Tax 2.13%
Total Foreclosure Filings (year-to-date) N/A
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Island Lake, IL 60042 Real Estate Overview

There were 149 residential properties sold in the past year in Island Lake, IL 60042. The median home value in Island Lake, IL 60042 is $252,693. There are a total of 3,342 residential properties in the 60042.

Median Sales Price i
$238,250
(Dec 2023)
-10.4%
year-over-year
y-o-y
  • 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
  • February '23 Feb '23 $344,500
  • January '23 Jan '23 $195,000
Median Down Payment i
$9,386
(Dec 2023)
-22.4%
year-over-year
y-o-y
  • 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
  • February '23 Feb '23 $28,450
  • January '23 Jan '23 $11,350
Number of Homes Sold i
9
(Dec 2023)
+12.5%
year-over-year
y-o-y
  • 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
  • February '23 Feb '23 7
  • January '23 Jan '23 5
Number of Purchase Loans i
11
(Dec 2023)
+10%
year-over-year
y-o-y
  • 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
  • February '23 Feb '23 2
  • January '23 Jan '23 10
Number of REFI Loans i
4
(Dec 2023)
-63.6%
year-over-year
y-o-y
  • 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
  • February '23 Feb '23 4
  • January '23 Jan '23 5
Number of HELOC Loans i
4
(Dec 2023)
year-over-year
y-o-y
  • 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
  • February '23 Feb '23 3
  • January '23 Jan '23 2

Island Lake, IL 60042 Foreclosure Activity

There were a total of 4 Island Lake, IL 60042 properties with a foreclosure filing in December 2023.

Total Foreclosure Filings i
4
(Dec 2023)
+33.3%
year-over-year
y-o-y
  • 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
  • February '23 Feb '23 N/A
  • January '23 Jan '23 6
Foreclosure Starts i
1
(Dec 2023)
year-over-year
y-o-y
  • 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
  • February '23 Feb '23 N/A
  • January '23 Jan '23 4
Completed Foreclosures (REOs) i
  • 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
  • February '23 Feb '23 N/A
  • January '23 Jan '23 N/A
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