Market Overview
Home Prices in Fox Lake Hills, IL
The median home value in Fox Lake Hills, IL is $309,231 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4% compared to a year ago and up 6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Fox Lake Hills are priced25% below average. Fox Lake Hills is part of the Chicago-Naperville-Elgin, IL-IN-WI metro area.
Over the past five years, Fox Lake Hills home values have risen by approximately37.8%, reflecting strong long-term appreciation in this market.
Price History
Fox Lake Hills Home Price Trend
City Comparison
Fox Lake Hills vs. National Median
At $309,231, homes in Fox Lake Hills cost 25% below the national median of $410,000. This makes Fox Lake Hills a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Fox Lake Hills?
20% Down Payment
$61,846
on $309,231
Monthly P&I
$1,613/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,049/mo
incl. taxes & insurance
Income Needed
$81,960
gross annual (30% rule)
10% Down Option
$30,923
+ PMI applies
Loan Amount (20% dn)
$247,385
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Fox Lake Hills, IL?
The median home value in Fox Lake Hills is $309,231 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4% year-over-year.
How much have home prices changed in Fox Lake Hills?
Over the past year, home values in Fox Lake Hills have increased by 4%. Over five years, prices have risen approximately 37.8%.
How much do I need to earn to buy a home in Fox Lake Hills?
To comfortably afford the median home price of $309,231 with a 20% down payment ($61,846) at today's rates (6.8%), you'd need a gross annual income of approximately $81,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Fox Lake Hills compare to the national average home price?
The national median home value is approximately $410,000. At $309,231, homes in Fox Lake Hills are 25% below the national average.
What metro area is Fox Lake Hills part of?
Fox Lake Hills is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.