Fox Lake Hills, IL is a great place to invest in housing. The median value of homes in the area is $232,300, which is lower than the US House Median Value of $338,100. Despite that, the 1 year house appreciation for Fox Lake Hills, IL was 8.83%, slightly higher than the US House Appreciation of 8.27%. This suggests that housing in this area can be a good investment with potential to appreciate quickly.
The median home cost in Fox Lake Hills is $232,300. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Fox Lake Hills is up 14.5%.
Average Age of Homes
- The median age of Fox Lake Hills real estate is 43 years old
The Rental Market in Fox Lake Hills
- Renters make up 14.5% of the Fox Lake Hills population
- 1.9% of houses and apartments in Fox Lake Hills, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.