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Lake County Gazette

Wednesday, November 27, 2024

Fox Lake Hills home prices fall in 2017

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The median sale price of a home sold in 2017 in Fox Lake Hills fell by $7,500 while total sales increased by 22%, according to BlockShopper.com.

From January through December of 2017, there were 61 homes sold, with a median sale price of $158,000 - a 4.5% decrease over the $165,500 median sale price for the previous year. There were 50 homes sold in Fox Lake Hills in 2016.

The median sales tax in Fox Lake Hills for 2017 was $3,993. In 2016, the median sales tax was $4,651. 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 2017:

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Fox Lake1441421.4%$170,000$154,50010%
Lakemoor512975.9%$169,900$189,444-10.3%
Ingleside Shore106988.2%$164,450$139,00018.3%
Beach Park22016533.3%$160,750$144,00011.6%
Park City131030%$160,000$129,70023.4%
Fox Lake Hills615022%$158,000$165,500-4.5%
Venetian Village533935.9%$155,000$135,00014.8%
Winthrop Harbor11910315.5%$153,000$145,0005.5%
Hainesville907028.6%$151,000$130,00016.2%
Round Lake Heights423327.3%$150,502$118,05027.5%
Lake Catherine301776.5%$146,000$110,00032.7%

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