In June 2017, there were three homes sold, with a median sale price of $160,000 - a 73.9% increase over the $92,000 median sale price for the same period of the previous year. There were two homes sold in Lake Summerset in June 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 June 2017.
The following table compares Lake Summerset to other Stephenson County cities in June 2017:
| City | June 2017 Home Sales | June 2016 Home Sales | % change (Total Home Sales) | June 2017 Median Sales Price | June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lake Summerset | 3 | 2 | 50% | $160,000 | $92,000 | 73.9% |
| Freeport | 35 | 22 | 59.1% | $79,900 | $49,975 | 59.9% |
| Lena | 2 | 6 | -66.7% | $72,500 | $123,750 | -41.4% |
| German Valley | 1 | 1 | 0% | $71,000 | $31,000 | 129% |
| Cedarville | 2 | 5 | -60% | $44,500 | $75,000 | -40.7% |
| Rock City | 0 | 0 | - | $0 | $0 | - |
| Dakota | 0 | 1 | -100% | $0 | $25,900 | -100% |
| Winslow | 0 | 1 | -100% | $0 | $3,186 | -100% |
| Pearl City | 0 | 1 | -100% | $0 | $30,000 | -100% |
| Orangeville | 0 | 2 | -100% | $0 | $99,500 | -100% |
| Davis | 0 | 1 | -100% | $0 | $110,000 | -100% |
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