The median sale price of a home in Island Lake was $325K last month, down 25.0% since last year. The median sale price per square foot in Island Lake is $225, down 7.8% since last year.
What is the housing market like in Island Lake today?
In July 2024, Island Lake home prices were down 25.0% compared to last year, selling for a median price of $325K.
$325K
Sale Price
-35.9% since last year
$225
Sale $/Sq. Ft.
-7.8% since last year
Over List Price
4.8%
Days on Market
11
Down Payment
—
Total Homes Sold
1
To compare other locations to the Island Lake and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Shoreview add value to a home.
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Schools in Island Lake
Learn about schools in the Island Lake area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Island Lake housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Island Lake.
Flood Factor - Minor
18% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Island Lake has a minor risk of flooding. 5 properties in Island Lake are likely to be
severely affected
by flooding over the next 30 years. This represents 18% of all properties in Island Lake. Flood risk is increasing slower than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Island Lake has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Island Lake is most at risk from severe storms. 76 properties in Island Lake have some risk of being in a severe wind event within the next 30 years.