From April to June, 20 homes sold in Lake Summerset for a median price of $173,000. That's 9.4 percent higher than median home sale prices for the second quarter of 2017.
In the second quarter, there were no foreclosures in Lake Summerset.
Median property tax for homeowners in Lake Summerset was $0 in 2018 according to tax data from that year. That means homeowners pay 0 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.
Lake Summerset real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
9
$187,200
-
2010
9
$205,770
9.9%
2011
9
$135,600
-34.1%
2012
9
$173,855
28.2%
2013
26
$145,260
-16.4%
2014
8
$151,527
4.3%
2015
15
$116,600
-23.1%
2016
16
$130,988
12.3%
2017
19
$158,100
20.7%
2018
20
$173,000
9.4%
Median property tax
Median sale price
Effective property tax rate
2009
$4,871.24
$187,200
2.6%
2010
$5,035.01
$205,770
2.4%
2011
$4,641.24
$135,600
3.4%
2012
$5,080.18
$173,855
2.9%
2013
$4,442.05
$145,260
3.1%
2014
$4,438.51
$151,527
2.9%
2015
$4,153.27
$116,600
3.6%
2016
$4,020.95
$130,988
3.1%
2017
$5,003.18
$158,100
3.2%
2018
$0
$173,000
0%
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