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Lake County Gazette

Sunday, November 24, 2024

How did home prices perform in Fox Lake Hills during the first half of 2022?

Realestate4

The median sale price of a home sold in the first half of 2022 in Fox Lake Hills rose by $34,850 while total sales increased by 50 percent, according to BlockShopper.com.

From January through June, there were 24 homes sold, with a median sale price of $245,000 - a 16.6 percent increase over the $210,150 median sale price for the same period of the previous year. There were 16 homes sold in Fox Lake Hills in the first half of 2021.

The median sales tax in Fox Lake Hills for the most recent year with available data, 2019, was $4,490, approximately 1.8 percent of the median home sale price for the first half of 2022.

The following table compares Fox Lake Hills to other Lake County cities with similar median sale prices in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Lindenhurst14754172.2$270,000$230,00017.4
Grandwood Park7620280$266,000$299,250-11.1
Wauconda9823326.1$259,950$265,000-1.9
Grayslake20482148.8$256,500$272,500-5.9
Ingleside Shore4820140$254,950$213,00019.7
Fox Lake Hills241650$245,000$210,15016.6
Gages Lake11036205.6$243,755$234,9503.7
Island Lake227214.3$241,500$220,0009.8
Lake Catherine1711,600$240,000$257,500-6.8
Mundelein10036177.8$239,950$223,5007.4
Fox Lake9342121.4$239,000$204,50016.9

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