The median sale price of a home sold in September 2020 in Island Lake in McHenry County fell by $17,000 while total sales remained unchanged with 14 homes sold, according to BlockShopper.com.
In September 2020, there were 14 homes sold, with a median sale price of $172,000 - a 9% decrease over the $189,000 median sale price for the same period of the previous year. There were 14 homes sold in Island Lake in September 2019, as well.
The median sales tax in Island Lake for the most recent year with available data, 2019, was $5,127, approximately 3% of the median home sale price for September 2020.
The following table compares Island Lake to other McHenry County cities with similar median sales prices in September 2020:
| City | Sept. 2020 Home Sales | Sept. 2019 Home Sales | % change (Total Home Sales) | Sept. 2020 Median Sales Price | Sept. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| McHenry | 51 | 46 | 10.9% | $209,500 | $162,000 | 29.3% |
| Johnsburg | 7 | 10 | -30% | $195,000 | $219,500 | -11.2% |
| Crystal Manor | 2 | 3 | -33.3% | $190,000 | $177,000 | 7.3% |
| Pistakee Highlands | 8 | 11 | -27.3% | $182,500 | $155,000 | 17.7% |
| Wonder Lake | 30 | 23 | 30.4% | $177,500 | $168,000 | 5.7% |
| Island Lake | 14 | 14 | 0% | $172,000 | $189,000 | -9% |
| Lakemoor | 3 | 3 | 0% | $159,000 | $170,000 | -6.5% |
| Hebron | 4 | 5 | -20% | $159,000 | $168,000 | -5.4% |
| Eastwood Manor | 3 | 0 | - | $152,000 | $0 | - |
| Marengo | 15 | 13 | 15.4% | $145,000 | $167,500 | -13.4% |
| Wonder Center | 1 | 1 | 0% | $132,500 | $156,000 | -15.1% |
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