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McHenry Times

Tuesday, August 5, 2025

Island Lake (McHenry County) home prices fall in the first quarter of 2019

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The median sale price of a home sold in the first quarter of 2019 in Island Lake in McHenry County fell by $29,750 while total sales increased by 44.4%, according to BlockShopper.com.

From January through March of 2019, there were 26 homes sold, with a median sale price of $142,250 - a 17.3% decrease over the $172,000 median sale price for the same period of the previous year. There were 18 homes sold in Island Lake in the first quarter of 2018.

The median sales tax in Island Lake for the most recent year with available data, 2018, was $5,016, approximately 3.5% of the median home sale price for the first quarter of 2019.

The following table compares Island Lake to other McHenry County cities with similar median sales prices in the first quarter of 2019:

CityJan. - Mar. 2019 Home SalesJan. - Mar. 2018 Home Sales% change (Total Home Sales)Jan. - Mar. 2019 Median Sales PriceJan. - Mar. 2018 Median Sales Price% change (Median Sales Price)
Woodstock8895-7.4%$167,000$170,000-1.8%
Fox River Grove1012-16.7%$162,500$236,000-31.1%
Lakemoor8633.3%$162,000$147,00010.2%
Holiday Hills60-$156,250$0-
Marengo2021-4.8%$145,500$153,000-4.9%
Island Lake261844.4%$142,250$172,000-17.3%
Wonder Lake3750-26%$138,000$130,7505.5%
Silver Lake25-60%$135,500$160,000-15.3%
Eastwood Manor10-$134,000$0-
Union3250%$125,000$180,000-30.6%
Crystal Gardens21100%$114,500$119,000-3.8%
* This story only considers sales data for the part of Island Lake that is in McHenry County.

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