Foreclosure Homes in Fox Lake, IL

Current Market Conditions in Fox Lake, IL

The current real estate market in Fox Lake is experiencing modest growth, with a slowly increasing inventory of homes. Prices have shown a stable trend in the past few months, making it a buyer-friendly market for those looking to invest in the area.

The demand for homes in Fox Lake remains steady, driven by its appealing recreational opportunities and excellent community features. Potential buyers are attracted to the affordability compared to neighboring towns, which could lead to increased competition in the near future.

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.