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McHenry Times

Sunday, November 24, 2024

Q3 real estate sales report: Fox Lake

Realestate1

Median prices rose in Fox Lake over last year, and are up 15.1 percent over 10 years, adjusted for inflation, according to third quarter sales data collected by BlockShopper.com.

From July to September, 47 homes sold in Fox Lake for a median price of $175,000. That's 4 percent higher than median home sale prices for the third quarter of 2017.

In the third quarter, 4 homes in Fox Lake were in foreclosure.

Median property tax for homeowners in Fox Lake was $5,462.47 in 2017 according to tax data from that year. That means homeowners pay 3.2 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Fox Lake real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
23
$152,100
-
2010
17
$155,268
2.1%
2011
15
$152,550
-1.8%
2012
28
$162,410
6.5%
2013
38
$156,060
-3.9%
2014
33
$160,908
3.1%
2015
30
$160,007
-0.6%
2016
46
$178,500
11.6%
2017
39
$168,300
-5.7%
2018
47
$175,000
4%

Median property tax
Median sale price
Effective property tax rate
2009
$4,559.91
$152,100
3%
2010
$4,388.40
$155,268
2.8%
2011
$5,468.02
$152,550
3.6%
2012
$4,996.70
$162,410
3.1%
2013
$5,483.92
$156,060
3.5%
2014
$4,293.34
$160,908
2.7%
2015
$5,298.85
$160,007
3.3%
2016
$5,481.32
$178,500
3.1%
2017
$5,462.46
$168,300
3.2%

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