From January through June of 2017, there were 16 homes sold, with a median sale price of $165,750 - a 44.6% increase over the $114,625 median sale price for the same period of the previous year. There were 14 homes sold in Lake Summerset in the first half of 2016.
The median sales tax in Lake Summerset for the most recent year with available data, 2016, was $3,919, approximately 2.4% of the median home sale price for the first half of 2017.
The following table compares Lake Summerset to other Stephenson County cities in the first half of 2017:
| City | Jan. - June 2017 Home Sales | Jan. - June 2016 Home Sales | % change (Total Home Sales) | Jan. - June 2017 Median Sales Price | Jan. - June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lake Summerset | 16 | 14 | 14.3% | $165,750 | $114,625 | 44.6% |
| Pearl City | 2 | 3 | -33.3% | $87,750 | $38,000 | 130.9% |
| Lena | 17 | 27 | -37% | $80,000 | $80,000 | 0% |
| German Valley | 4 | 3 | 33.3% | $78,250 | $35,500 | 120.4% |
| Davis | 3 | 4 | -25% | $74,500 | $78,500 | -5.1% |
| Orangeville | 2 | 5 | -60% | $66,800 | $69,000 | -3.2% |
| Freeport | 149 | 128 | 16.4% | $62,000 | $57,250 | 8.3% |
| Winslow | 1 | 1 | 0% | $60,000 | $3,186 | 1783.2% |
| Cedarville | 6 | 10 | -40% | $44,500 | $73,000 | -39% |
| Rock City | 0 | 1 | -100% | $0 | $92,000 | -100% |
| Dakota | 0 | 4 | -100% | $0 | $44,950 | -100% |
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