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Updated May 2026 · Redfin · 3-month window

60042 Real Estate Market Update: Island Lake, IL, May 2026

The latest housing-market numbers for ZIP code 60042 in Island Lake, Illinois, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.

ZIP 60042 · Island Lake, IL · May 2026 · Source: Redfin
MetricValueMoMYoY
Median sale price$335K▲ +10.7%▲ +19.6%
Days on market40▲ +3.9%▼ -14.9%
Homes for sale29▲ +31.8%▲ +45.0%
Sale-to-list101.0%▲ +1.8%▲ +1.2%
Homes sold30▲ +7.1%• 0.0%

Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.

What the 60042 numbers say

Prices in Island Lake's 60042 ZIP are still climbing. The median sale price reached $335,000, up 19.6% year over year. Pace is steady: a typical listing goes under contract in about 40 days, with sellers getting 101.0% of list price.

Based on 30 recent sales, 60042 is currently an active market.

What this means if you sell in 60042

Use these figures to set expectations early. Lead a listing appointment with the median price and the 40-day pace, show the year-over-year direction, and frame 60042 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.

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Frequently asked: the 60042 housing market

What is the median home price in ZIP 60042 (Island Lake, IL)?
As of May 2026, the median sale price in ZIP 60042 is $335,000 (+19.6% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
Is ZIP 60042 a buyer's or seller's market right now?
ZIP 60042 is currently an active market, based on a 101.0% sale-to-list ratio, about 40 days on market for May 2026.
How long do homes take to sell in ZIP 60042?
A typical listing in 60042 goes under contract in about 40 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
Where does this 60042 market data come from?
All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.

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<a href="https://getlokal.io/il/zip/60042/" rel="dofollow">60042 Island Lake real estate market · May 2026 · by LOKAL</a>

Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.