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Lake County Gazette

Tuesday, May 7, 2024

Q4 real estate sales report: Fox Lake

Realestate1

Median prices rose in Fox Lake over last year, and are up 5.8 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 37 homes sold in Fox Lake for a median price of $200,000. That's 15 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, there were no foreclosures in Fox Lake.

Median property tax for homeowners in Fox Lake was $5,474.46 in 2017 according to tax data from that year. That means homeowners pay 3.1 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: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
22
$188,955
-
2010
27
$142,500
-24.6%
2011
14
$103,960
-27%
2012
31
$171,675
65.1%
2013
30
$126,360
-26.4%
2014
28
$104,410
-17.4%
2015
33
$144,160
38.1%
2016
43
$148,050
2.7%
2017
39
$173,910
17.5%
2018
37
$200,000
15%

Median property tax
Median sale price
Effective property tax rate
2009
$5,178.08
$188,955
2.7%
2010
$5,450.12
$142,500
3.8%
2011
$4,729.32
$103,960
4.5%
2012
$5,628.34
$171,675
3.3%
2013
$4,677.05
$126,360
3.7%
2014
$4,663.21
$104,410
4.5%
2015
$4,570.74
$144,160
3.2%
2016
$4,998.25
$148,050
3.4%
2017
$5,474.46
$173,910
3.1%

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