Fox Lake, IL Foreclosures
How much do homes sell for in Fox Lake, IL?
The average home price is currently $277,528.
In Fox Lake, IL, how many homes are available?
There are currently 12 active home listings available in Fox Lake.
What’s the average rental cost in Fox Lake, IL?
The average rental price in Fox Lake is $1,311.
What is the most expensive home in Fox Lake?
The most expensive home sold in Fox Lake had a price of $7,694,803.
What is currently the cheapest priced home in Fox Lake, IL?
The cheapest home for sale in Fox Lake is priced at $10,463.
Living in Fox Lake, IL
Fox Lake, IL, is a charming suburban community known for its beautiful lakes and vibrant outdoor activities. It offers a peaceful atmosphere while being conveniently located for access to urban amenities. Ideal for families and outdoor enthusiasts, Fox Lake features a welcoming community and great local schools.
Current Market Conditions in Fox Lake, IL
The real estate market in Fox Lake, IL, has shown signs of stability and resilience, with a moderate increase in home values over the past year. The demand for single-family homes remains strong, especially among families seeking access to quality education and recreational outdoor spaces.
Overall, the market is balanced, with homes often receiving multiple offers, particularly those located near the lakefront or parks. Negotiation opportunities are somewhat competitive, but buyers can still find affordable options.
Home Value Estimator For Fox Lake, IL
There are currently 4,682 real estate properties
in Fox Lake, IL,
with a median automated valuation model (AVM) price
of $238,765.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Fox Lake, IL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Fox Lake, IL,
is $277,528.00, with the most expensive house
in Fox Lake, IL, topping out
at $7,694,803.00 and the cheapest home
in Fox Lake, IL,
clocking in at $10,463.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Fox Lake, IL!
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.
Learn more on Foreclosure homes
