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Lake County Gazette

Wednesday, November 27, 2024

Fox Lake Hills home prices fall in December 2017

Re 11

The median sale price of a home sold in December 2017 in Fox Lake Hills fell by $15,500 while total sales remained unchanged with four homes sold, according to BlockShopper.com.

In December 2017, there were four homes sold, with a median sale price of $132,500 - a 10.5% decrease over the $148,000 median sale price for the same period of the previous year. There were four homes sold in Fox Lake Hills in December 2016, as well.

The median sales tax in Fox Lake Hills for 2017 was $3,993.13. In 2016, the median sales tax was $4,650.90. This marks an decrease of 14.1%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3%.

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

CityDec. 2017 Home SalesDec. 2016 Home Sales% change (Total Home Sales)Dec. 2017 Median Sales PriceDec. 2016 Median Sales Price% change (Median Sales Price)
Gages Lake1214-14.3%$170,000$169,0000.6%
Channel Lake220%$162,500$263,750-38.4%
Mundelein1721-19%$162,000$188,000-13.8%
Round Lake Beach3639-7.7%$144,000$99,50044.7%
Round Lake Heights24-50%$138,700$91,50051.6%
Fox Lake Hills440%$132,500$148,000-10.5%
Beach Park923-60.9%$132,500$140,000-5.4%
Waukegan6265-4.6%$125,000$109,90013.7%
Park City20-$118,000$0-
Zion2937-21.6%$116,000$115,0000.9%
Venetian Village51400%$115,000$134,000-14.2%

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