Island Lake (60042) has an estimated 8,547 residents with 8,477 of those people in approximately 3,163 housing units. The 60042 zipcode contains 2,388 housing units that are owned with a mortgage or a loan, 353 housing units that are owned free and clear and 422 housing units that are renter occupied.

In Island Lake (60042) the median listing price of $198,000 has grown by $9,000 since 2018-10.

In 2018 the average percentage drop was 2.74% of original listing price.

15 homes were sold in 2018-11 in IslandLake, IL (60042).
This monthly number has declined by 7 from the previous month.

Zip code 60042 is in the Chicago-Naperville-Elgin metropolitan area.
The median estimated home value in Island Lake, IL (60042) is $167,700 as of 2018-10-31 . Home values here have declined by 0.72%.

In Island Lake, IL (60042), values have declined by -0.20 from when they peaked at $208,600 in 2007-Q2

The Zillow Market Health Index for Island Lake, IL (60042) is 2.21. The corresponding state value is 1.18. This is significantly higher than the overall Market Health Index of Illinois.
Metro value is 0.55.
This is significantly higher than the overall Market Health Index of Chicago-Naperville-Elgin.