In February 2018, there were eight homes sold, with a median sale price of $145,000 - a 5.5% increase over the $137,500 median sale price for the same period of the previous year. There were 10 homes sold in Summit in February 2017.
The median sales tax in Summit for the most recent year with available data, 2017, was $5,542, approximately 3.8% of the median home sale price for February 2018.
The following table compares Summit to other Cook County cities with similar median sales prices in February 2018:
| City | Feb. 2018 Home Sales | Feb. 2017 Home Sales | % change (Total Home Sales) | Feb. 2018 Median Sales Price | Feb. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Hickory Hills | 13 | 8 | 62.5% | $150,000 | $184,000 | -18.5% |
| Justice | 8 | 5 | 60% | $150,000 | $163,000 | -8% |
| South Holland | 22 | 38 | -42.1% | $148,500 | $110,500 | 34.4% |
| Bridgeview | 9 | 12 | -25% | $145,000 | $140,000 | 3.6% |
| Richton Park | 12 | 15 | -20% | $145,000 | $97,500 | 48.7% |
| Summit | 8 | 10 | -20% | $145,000 | $137,500 | 5.5% |
| Glenwood | 4 | 13 | -69.2% | $143,500 | $115,000 | 24.8% |
| Matteson | 18 | 20 | -10% | $143,500 | $97,000 | 47.9% |
| Northlake | 11 | 13 | -15.4% | $140,000 | $142,000 | -1.4% |
| Lansing | 15 | 42 | -64.3% | $135,000 | $77,500 | 74.2% |
| Oak Forest | 29 | 36 | -19.4% | $132,000 | $173,500 | -23.9% |
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