Q2: Fox River Grove (Lake County) experienced a 22.2% increase in median home prices

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The median sale price of a home sold in the second quarter of 2022 in Fox River Grove in Lake County rose by $110,750 while total sales increased by 150 percent, according to BlockShopper.com.

From April through June, there were five homes sold, with a median sale price of $610,000 - a 22.2 percent increase over the $499,250 median sale price for the same period of the previous year. There were two homes sold in Fox River Grove in the second quarter of 2021.

The median sales tax in Fox River Grove for the most recent year with available data, 2019, was $12,088, approximately two percent of the median home sale price for the second quarter of 2022.

The following table compares Fox River Grove to other Lake County cities with similar median sale prices in the second quarter of 2022:

CityApril - June 2022 Home SalesApril - June 2021 Home Sales% change (Total Home Sales)April - June 2022 Median Sales PriceApril - June 2021 Median Sales Price% change (Median Sales Price)
Highland Park15673113.7$687,500$635,0008.3
Green Oaks105100$683,500$500,00036.7
Fox River Grove52150$610,000$499,25022.2
Hawthorn Woods261752.9$609,250$540,00012.8
Tower Lakes42100$570,000$367,50055.1
Deer Park16977.8$566,000$579,000-2.2
* This story only considers sales data for the part of Fox River Grove that is in Lake County.

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