Altos Market Data for Realtors

Fox Lake, IL

Single-Family Homes

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Fox Lake, IL

Tue Sep 21 2021
This week the median list price for Fox Lake, IL is $324,900 with the market action index hovering around 50. This is about the same as last month's market action index of 50. Inventory has increased to 31. Click here to stay informed with the Fox Lake market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Fox Lake, IL

Tue Sep 21 2021
This week the median list price for Fox Lake, IL is $324,900 with the market action index hovering around 50. This is about the same as last month's market action index of 50. Inventory has increased to 31. Click here to stay informed with the Fox Lake market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Fox Lake market.
Median List Price $324,900
Median Price of New Listings $338,530
Per Square Foot $197
Average Days on Market 33
Median Days on Market 21
Price Decreased 26%
Price Increased 0%
Relisted 10%
Inventory 31
Median Rent $1,600
Market Action 50
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$382,500 1,428 8,000 - 10,000 sqft 3 2 3 2 1 7
$342,842 1,345 8,000 - 10,000 sqft 2 2 0 6 2 0
$226,000 1,282 6,500 - 8,000 sqft 3 2 18 2 0 35
$157,450 1,194 6,500 - 8,000 sqft 3 1 73 1 0 45