Housing Prices in The Island, IL

How much do homes in The Island, IL cost?

Median List Price

$279,999

$168/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$14,999(+5.7%)

Key Takeaway

The list price of homes in The Island has increased by 5.7% since last year.

Summary: The median home list price in The Island was $279,999 in March 2024, up 5.7% from the previous year, and the median price per square foot was $168.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $265K$269.9K
+1.8%
4 $159.2K$153.5K
-3.6%
5+ $374.9K$387K
+3.2%

Summary: The Island housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes increased by 3.2%.

Median List Price Compared To Nearby Neighborhoods

Austin
+12.0%
The Island
+5.7%
West Side
+1.1%

Housing Supply in The Island, IL

How many homes are available in The Island, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
330.0%

Summary: The The Island real estate market had 3 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 00
0.0%
5+ 22
0.0%

Summary: The The Island housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for The Island, IL

How long does it take to sell a home in The Island, IL?

Average Listing Age

Mar 2023Mar 2024CHANGE
223 Days128 Days-42.3%

Summary: Homes in The Island had an average listing age of 128 days in Mar 2024, down by 42.3% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in The Island, IL

Nearby Markets to The Island, IL