From April through June of 2017, there were 10 homes sold, with a median sale price of $198,250 - a 108.4% increase over the $95,150 median sale price for the same period of the previous year. There were eight homes sold in Lake Summerset in the second quarter of 2016.
The median sales tax in Lake Summerset for the most recent year with available data, 2016, was $3,918.70, approximately 2% of the median home sale price for the second quarter of 2017.
The following table compares Lake Summerset to other Stephenson County cities in the second quarter of 2017:
| City | Apr. - June 2017 Home Sales | Apr. - June 2016 Home Sales | % change (Total Home Sales) | Apr. - June 2017 Median Sales Price | Apr. - June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lake Summerset | 10 | 8 | 25% | $198,250 | $95,150 | 108.4% |
| Pearl City | 1 | 1 | 0% | $111,500 | $30,000 | 271.7% |
| Lena | 11 | 17 | -35.3% | $100,000 | $99,900 | 0.1% |
| Davis | 3 | 3 | 0% | $74,500 | $86,000 | -13.4% |
| German Valley | 2 | 3 | -33.3% | $70,500 | $35,500 | 98.6% |
| Freeport | 88 | 77 | 14.3% | $69,950 | $57,500 | 21.7% |
| Winslow | 1 | 1 | 0% | $60,000 | $3,186 | 1783.2% |
| Cedarville | 3 | 7 | -57.1% | $45,000 | $75,000 | -40% |
| Rock City | 0 | 0 | - | $0 | $0 | - |
| Dakota | 0 | 1 | -100% | $0 | $25,900 | -100% |
| Orangeville | 0 | 3 | -100% | $0 | $97,000 | -100% |
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