Is Fox Lake, IL 60020 a buyer’s or seller’s market?
Fox Lake is a seller’s market. With about 2.8 months of supply and 26% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 50% of U.S. ZIP codes, and #368 of 464 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Fox Lake housing market right now
In the three months ending August 31, 2026, 26% of homes in Fox Lake, IL 60020 sold above their list price, the typical home went under contract in 55 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 99 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 28%, homes sold more slowly (50 days then) and the median sale price rose 9% to $274,881. Overall, Fox Lake is less competitive than a year ago, which gives buyers more room.
Within Lake County, homes here sell more slowly than in 92% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Fox Lake ranks #368 of 464 IL ZIP codes with enough sales (score 49 out of 100).
Nearby, North Chicago 60064 (58% sold over asking) and Zion 60099 (54% sold over asking) are even more competitive.
Run the numbers for 60020
Nearby markets
Antioch 60002Seller’s market $184 /sq ftBuffalo Grove 60089Seller’s market $245 /sq ftDeerfield 60015Seller’s market $302 /sq ftGrayslake 60030Seller’s market $200 /sq ft Browse all markets →Towns like Fox Lake nearby
Find towns like Fox Lake in other states →Where Fox Lake is
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Questions about Fox Lake real estate
Is Fox Lake a buyer’s or seller’s market?
A seller’s market: there were 2.8 months of supply in Fox Lake, IL 60020 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Fox Lake?
The typical home went under contract in 55 days in the latest three months.
Do homes in Fox Lake sell over asking?
26% of homes sold above their original list price, and the typical sale closed at 98.5% of the list price.
What are property taxes in Fox Lake?
About 2.58% of a home’s value a year in Lake County, or roughly $10,320 on a $400,000 home.
What is the median home price in Fox Lake?
The median sale price was $274,881 in the three months ending August 31, 2026, about $185 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology