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Lake County Gazette

Monday, November 25, 2024

Fox Lake Hills home prices fall in the third quarter of 2017

Realestate4

The median sale price of a home sold in the third quarter of 2017 in Fox Lake Hills fell by $67,150 while total sales increased by 122.2%, according to BlockShopper.com.

From July through September of 2017, there were 20 homes sold, with a median sale price of $157,750 - a 29.9% decrease over the $224,900 median sale price for the same period of the previous year. There were nine homes sold in Fox Lake Hills in the third quarter of 2016.

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 2.5%.

The following table compares Fox Lake Hills to other Lake County cities with similar median sales prices in the third quarter of 2017:

CityJuly - Sept. 2017 Home SalesJuly - Sept. 2016 Home Sales% change (Total Home Sales)July - Sept. 2017 Median Sales PriceJuly - Sept. 2016 Median Sales Price% change (Median Sales Price)
Lotus Woods41300%$170,500$2,0008425%
Venetian Village191711.8%$169,900$155,0009.6%
Ingleside Shore373215.6%$168,000$124,75034.7%
Winthrop Harbor383315.2%$161,000$145,00011%
Channel Lake910-10%$160,000$85,50087.1%
Fox Lake Hills209122.2%$157,750$224,900-29.9%
Hainesville312524%$157,500$145,5008.2%
Fox Lake3445-24.4%$155,425.50$170,000-8.6%
Round Lake Heights13944.4%$137,000$115,00019.1%
Long Lake19190%$135,000$116,00016.4%
Waukegan199228-12.7%$132,500$121,5009.1%

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