From April to June, 20 homes sold in Summit for a median price of $164,750. That's 15.4 percent higher than median home sale prices for the second quarter of 2017.
In the second quarter, 2 homes in Summit were in foreclosure.
Median property tax for homeowners in Summit was $6,181.70 in 2017 according to tax data from that year. That means homeowners pay 4.3 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Summit real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
16
$105,300
-
2010
25
$142,500
35.3%
2011
17
$96,050
-32.6%
2012
19
$74,665
-22.3%
2013
23
$64,800
-13.2%
2014
18
$105,040
62.1%
2015
23
$121,900
16.1%
2016
19
$157,500
29.2%
2017
33
$142,800
-9.3%
2018
20
$164,750
15.4%
Median property tax
Median sale price
Effective property tax rate
2009
$6,082.71
$105,300
5.8%
2010
$7,469.80
$142,500
5.2%
2011
$6,229.58
$96,050
6.5%
2012
$5,552.47
$74,665
7.4%
2013
$5,013.45
$64,800
7.7%
2014
$5,821.70
$105,040
5.5%
2015
$6,141.21
$121,900
5%
2016
$5,950.69
$157,500
3.8%
2017
$6,181.69
$142,800
4.3%
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