Current Price

$116,272

1 Month Forecast

â–² $135,788

1-Year Forecast *

â–² $142,674

5-Year Forecast *

â–² $164,244

"Is it a good time to buy homes in Island?" "Does investing in real estate in Island (Kentucky State, McLean County) worth it?" According to our live Forecast System, buying a house in Island is a good short-term (1-year) investment*. The Island average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Island" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Island in Kentucky State, McLean County. If you are looking for homes for sale with good flipping profit, Island can be a profitable property investment option. The median price of an average house in Island was 116,272 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Island" area is 164,244 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +41.26% meaning that investing 100000 USD today may yield a profit of 41,259 USD by 2031.

Current Median Listing Price: 116,272 USD Median Listing Price Per Square Foot: 65 USD

Island Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Island (Kentucky State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Island Price Target

Island median home price target in 12 months: $142,674* (upside of 22.7%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $133,707 $134,303 $133,707 $138,674
2024 $108,806 $116,272 $108,806 $116,272
2023 $105,071 $108,445 $104,759 $109,645
2022 $97,642 $106,272 $97,642 $108,597
2021 $90,343 $95,192 $90,343 $95,385
2020 $77,011 $89,469 $77,011 $89,469
2019 $76,281 $76,292 $75,511 $76,616
2018 $66,093 $75,199 $66,093 $75,199
2017 $58,023 $65,940 $57,489 $65,940
2016 $58,541 $59,144 $58,541 $61,536
2015 $54,105 $58,267 $53,326 $58,267
2014 $48,685 $54,239 $48,685 $54,674
2013 $46,533 $48,767 $44,473 $48,767
2012 $45,795 $47,130 $45,758 $47,914

Questions & Answers about the Island Housing Market Forecast

How much does an average home cost in Island today?

The value of an average home (the listing price) in Island is $116,272 USD.

What is the average price per square foot in Island?

According to Walletinvestor the median price per square foot in Island is 65 USD.

Will the median listing price of homes in Island grow / rise / go up?

Yes. The Island home prices may rise from 116,272 USD to 142,674 USD in one year.

Is it profitable to invest in Island homes?

Yes. The long-term profit potential is +22.71% in one year.

Will Island house prices fall / drop?

No. See above.

What is the predicted price of a Island home in 2030?

The predicted home sales price of a Island home in 2030 in Island is 164,208 USD.

What is the predicted price of a Island home in 2035?

The predicted home sales price of a Island home in 2035 in Island is 201,820 USD.

Will real estate prices decrease in Island?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Island is the 16697. largest city in the United States, located in Kentucky State.

During the last 12 months the real estate prices in McLean, Island decreased, looking at the past 12 months.

According to Walletinvestor's Island real estate market research, home values will increase in the next 12 months.

Median home values decreased by 15.377% to 116,272 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 24.138% in 2021
  • 21.808% in 2022
  • 24.288% in 2023
  • 23.158% in 2024
  • 20.958% in 2025
  • 24.268% in 2026

Based on our Island real estate market research and report the predicted sales prices will increase by 673.950% in the next 10 years.

Over the last 12 months, the value of homes in Island fluctuated: increasing 2 times and decreasing 2 times.

Island (Kentucky) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Island Housing Market Forecast with Real Estate Prices for 2025
August 2025 135788 124789 146787
September 2025 136866 128517 145215
October 2025 137651 124298 151003
November 2025 137514 125413 149616
December 2025 136481 124335 148628
Island Housing Market Forecast with Real Estate Prices for 2026
January 2026 135129 127832 142426
February 2026 134538 124717 144359
March 2026 135576 128526 142626
April 2026 137316 124958 149675
May 2026 139080 131291 146868
June 2026 140865 128610 153121
July 2026 142674 135255 150093
August 2026 144506 136703 152309
September 2026 146288 135170 157406
October 2026 148166 134683 161649
November 2026 150069 138513 161624
December 2026 151462 140406 162519
Island Housing Market Forecast with Real Estate Prices for 2027
January 2027 151184 137124 165244
February 2027 150275 136450 164100
March 2027 149227 138184 160270
April 2027 148219 137696 158743
May 2027 146750 137358 156142
June 2027 146314 134170 158458
July 2027 147079 136343 157816
August 2027 148905 135653 162158
September 2027 150817 138601 163034
October 2027 152338 137256 167419
November 2027 152940 142081 163799
December 2027 151734 138837 164632
Island Housing Market Forecast with Real Estate Prices for 2028
January 2028 150974 139953 161995
February 2028 150357 141937 158777
March 2028 150895 137012 164777
April 2028 151266 138106 164426
May 2028 151769 137655 165884
June 2028 152990 138915 167065
July 2028 154954 147207 162702
August 2028 156944 141250 172638
September 2028 158871 145526 172216
October 2028 159019 145821 172218
November 2028 157730 146531 168929
December 2028 156459 148480 164439
Island Housing Market Forecast with Real Estate Prices for 2029
January 2029 155371 141232 169509
February 2029 155108 141148 169067
March 2029 156590 142497 170683
April 2029 158601 149561 167641
May 2029 160637 150999 170276
June 2029 162700 151962 173438
July 2029 164208 154355 174060
August 2029 165283 156193 174374
September 2029 165731 153467 177995
October 2029 164331 152170 176491
November 2029 162702 147245 178159
December 2029 164502 151012 177991
Island Housing Market Forecast with Real Estate Prices for 2030
January 2030 165807 151382 180232
February 2030 166758 150082 183434
March 2030 166593 158263 174923
April 2030 165342 151618 179065
May 2030 163703 151916 175489
June 2030 162987 147503 178471
July 2030 164244 151105 177384
August 2030 166353 149718 182989
September 2030 168489 157874 179104
October 2030 170653 154782 186523
November 2030 172844 158325 187363
December 2030 175063 158082 192044
Island Housing Market Forecast with Real Estate Prices for 2031
January 2031 177222 163930 190513
February 2031 179497 167471 191523
March 2031 181802 165440 198164
April 2031 183490 167894 199087
May 2031 183153 170882 195424
June 2031 182052 169126 194977
July 2031 180782 162885 198680
August 2031 179562 170224 188899
September 2031 177782 168181 187382
October 2031 177254 165555 188952
November 2031 178181 161788 194573
December 2031 180393 163075 197710
Island Housing Market Forecast with Real Estate Prices for 2032
January 2032 182709 166448 198970
February 2032 184551 169418 199684
March 2032 185280 170087 200473
April 2032 183820 168747 198893
May 2032 182899 173754 192044
June 2032 182151 168490 195812
July 2032 182803 173114 192491

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.