Foreclosure Homes in Fox Lake, IL

Current Market Conditions in Fox Lake, IL

The real estate market in Fox Lake has shown stability with a growing trend in property values due to its desirable location and amenities. With a mix of single-family homes, townhomes, and waterfront properties, the area continues to attract both first-time homebuyers and seasoned investors.

Recently, there has been an increase in demand for rental properties as more people discover the area's appeal, leading to a competitive rental market. Investors are capitalizing on this trend with renovations and new developments to meet the growing needs of the community.

Rent Prices In Fox Lake, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fox Lake, IL, is on a rollercoaster ride. The average rent price in Fox Lake, IL, is $1,311.00. Indeed, when looking to rent in Fox Lake, IL, you can expect to pay as little as $750.00 or as much as $3,210.00, with the average rent median estimated to be $1,300.00. The good news is that finding an affordable and desirable property to rent in Fox Lake, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.