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Lake County Gazette

Monday, November 25, 2024

Q2 real estate sales report: Fox Lake

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Median prices declined in Fox Lake over last year, and are up 1.6 percent over 10 years, adjusted for inflation, according to second quarter sales data collected by BlockShopper.com.

From April to June, 47 homes sold in Fox Lake for a median price of $179,000. That's 5.1 percent lower than median home sale prices for the second quarter of 2017.

In the second quarter, 3 homes in Fox Lake were in foreclosure.

Median property tax for homeowners in Fox Lake was $5,454.71 in 2017 according to tax data from that year. That means homeowners pay 2.9 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Fox Lake real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
22
$176,114
-
2010
22
$151,443
-14%
2011
21
$177,975
17.5%
2012
14
$177,125
-0.5%
2013
25
$125,280
-29.3%
2014
40
$156,350
24.8%
2015
29
$146,280
-6.4%
2016
35
$173,250
18.4%
2017
43
$188,700
8.9%
2018
47
$179,000
-5.1%

Median property tax
Median sale price
Effective property tax rate
2009
$4,831.25
$176,114
2.7%
2010
$4,118.35
$151,443
2.7%
2011
$5,380.35
$177,975
3%
2012
$5,840.20
$177,125
3.3%
2013
$5,352.78
$125,280
4.3%
2014
$5,292.27
$156,350
3.4%
2015
$4,235.90
$146,280
2.9%
2016
$5,431.28
$173,250
3.1%
2017
$5,454.70
$188,700
2.9%

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