Home Values in Island Lake and Gage Park
|Island Lake||vs||Gage Park|
|Zillow Home Value Index||$144,800||vs||$108,000|
|Median List Price||$225,000||vs||$110,000|
|Median Sale Price||$126,000||vs||$85,000|
Island Lake, IL tends to be more expensive for home buyers than Gage Park, Chicago. During the last year, Island Lake home values have risen by 8.9%, while Gage Park home values have fallen by 7.4%. The median sale price in Island Lake is $126,000, but the median listing price was $225,000, a 44.0% discount. Meanwhile in Gage Park, the median selling price is $85,000, and the starting price had a median of $110,000, a 22.7% discount.