Similar to its nearby areas, it is somewhat less expensive compared to the rest of the country. However it's substantially less expensive compared to the city of Chicago.
Home prices
The median home in Fox Lake Hills is valued at $173,100. This is approximately $4,540 (2%) lower in comparison to the surrounding areas.In comparison to the US as a whole it is approximately $44,400 (20%) lower, and in comparison to the city of Chicago it is roughly $84,900 (32%) lower.
Rents
Fox Lake Hills's median monthly rent is $1,376. It is approximately $129 (10%) higher in comparison to nearby areas.Compared to the United States as a whole it is about $314 (29%) higher, and is approximately $264 (23%) higher in comparison to the city of Chicago.
Nearby places
Lake Villa
Lake Villa is Fox Lake Hills's neighbor to the east. Housing prices there are a lot more expensive. Lake Villa's median home value is $259,900, which comes out to $86,800 (33%) higher than Fox Lake Hills. Rents there are a bit less expensive. Lake Villa's median monthly rent is $1,162, which comes out to $214 (18%) lower than Fox Lake Hills.
Round Lake Heights
Round Lake Heights is roughly 2 miles southeast of Fox Lake Hills. Real estate prices there are similar. The median home value in Round Lake Heights is $168,500, which is $4,600 (2%) lower than Fox Lake Hills. Rents there are a bit more expensive. The median rent in Round Lake Heights is $1,470 a month, which comes out to $94 (6%) higher than Fox Lake Hills.
Long Lake
Long Lake is approximately 2 miles south of Fox Lake Hills. The housing prices there are a bit less expensive. Long Lake's median home price is $155,800, which is $17,300 (11%) lower than Fox Lake Hills. Its rents are a little less expensive. The median monthly rent in Long Lake is $1,210, which comes out to $166 (13%) lower than Fox Lake Hills.
Fox Lake
Fox Lake is approximately 2 miles west of Fox Lake Hills. Housing prices there are a bit less expensive. Fox Lake's median home value is $161,100, which works out to $12,000 (7%) lower than Fox Lake Hills. The rent there is a bit less expensive. In Fox Lake the median monthly rent is $1,058, which works out to $318 (30%) lower than Fox Lake Hills.
Round Lake Beach
Round Lake Beach is about 2 miles southeast from Fox Lake Hills. Real estate prices there are a bit less expensive. Round Lake Beach's median home value is $142,900, which works out to $30,200 (21%) lower than Fox Lake Hills. Rent there is fairly similar. In Round Lake Beach the median monthly rent is $1,334, which is $42 (3%) lower than Fox Lake Hills.