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Lake County Gazette

Monday, November 25, 2024

Fox Lake (Lake County) home prices rise in February 2017

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The median sale price of a home sold in February 2017 in Fox Lake in Lake County rose by $25,000 while total sales increased by 133.3%, according to BlockShopper.com.

In February 2017, there were seven homes sold, with a median sale price of $160,000 - a 18.5% increase over the $135,000 median sale price for the same period of the previous year. There were three homes sold in Fox Lake in February 2016.

The median sales tax in Fox Lake for 2017 was $4,490.30. In 2016, the median sales tax was $4,565.10. This marks an decrease of 1.6%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.8%.

The following table compares Fox Lake to other Lake County cities with similar median sales prices in February 2017:

CityFeb. 2017 Home SalesFeb. 2016 Home Sales% change (Total Home Sales)Feb. 2017 Median Sales PriceFeb. 2016 Median Sales Price% change (Median Sales Price)
Mundelein151050%$175,000$148,50017.8%
Fox Lake Hills3250%$170,000$97,187.5074.9%
Ingleside Shore330%$164,900$206,196-20%
Lindenhurst519-73.7%$163,000$177,000-7.9%
Beach Park910-10%$161,500$126,50027.7%
Fox Lake73133.3%$160,000$135,00018.5%
Antioch191090%$150,000$140,7006.6%
Long Lake70-$147,000$0-
Winthrop Harbor910-10%$145,000$120,00020.8%
Grandwood Park550%$145,000$335,000-56.7%
Island Lake12-50%$135,500$160,250-15.4%
* This story only considers sales data for the part of Fox Lake that is in Lake County.

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