Island Lake (McHenry County) home prices fall in September 2020

Medium re 13

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

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:

CitySept. 2020 Home SalesSept. 2019 Home Sales% change (Total Home Sales)Sept. 2020 Median Sales PriceSept. 2019 Median Sales Price% change (Median Sales Price)
Crystal Manor23-33.3%$190,000$177,0007.3%
Pistakee Highlands811-27.3%$182,500$155,00017.7%
Wonder Lake302330.4%$177,500$168,0005.7%
Island Lake14140%$172,000$189,000-9%
Eastwood Manor30-$152,000$0-
Wonder Center110%$132,500$156,000-15.1%
* This story only considers sales data for the part of Island Lake that is in McHenry County.

Blockshopper green logo