Active Listings
17
⇩ 10.5% vs 19 last year
Data as of February 2026. Source: Realtor.com.
The ISLAND LAKE, IL real estate market (60042) currently shows 17 active listings, with 11 pending sales. Homes are averaging 18 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 18 days on market compared to 28 days last year.
The median listing price has fallen 1.6% year-over-year, from $304,675 to $299,925.
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.
Population: 8,589 · Density: 726.2/mi² · Median household income: $89,660
Typical home value: $225,142 · Homeownership: 81.7%
| 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 February 2026, there are 17 active listings in ISLAND LAKE, IL (zip code 60042), compared to 19 the prior year.
The median listing price in ISLAND LAKE, IL 60042 is $299,925 as of February 2026, a 1.6% decrease from $304,675 the prior year.
Homes in ISLAND LAKE, IL 60042 spend an average of 18 days on the market before going under contract, compared to 28 days the prior year.
Based on current inventory and days-on-market data as of February 2026, ISLAND LAKE, IL 60042 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 18 days on market compared to 28 days last year.
With SELL123.com's maximum 3% commission, sellers in ISLAND LAKE, IL 60042 save an estimated $5,999 compared to a typical 5% commission on the median listing price of $299,925. 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.