In October 2017, there were seven homes sold, with a median sale price of $140,000 - a 27.3% increase over the $110,000 median sale price for the same period of the previous year. There were three homes sold in Lake Summerset in October 2016.
The median sales tax in Lake Summerset for the most recent year with available data, 2016, was $3,919, approximately 2.8% of the median home sale price for October 2017.
The following table compares Lake Summerset to other Stephenson County cities in October 2017:
| City | Oct. 2017 Home Sales | Oct. 2016 Home Sales | % change (Total Home Sales) | Oct. 2017 Median Sales Price | Oct. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lake Summerset | 7 | 3 | 133.3% | $140,000 | $110,000 | 27.3% |
| Lena | 3 | 7 | -57.1% | $117,500 | $151,000 | -22.2% |
| Freeport | 44 | 19 | 131.6% | $47,750 | $62,500 | -23.6% |
| Cedarville | 3 | 0 | - | $39,500 | $0 | - |
| German Valley | 1 | 0 | - | $28,000 | $0 | - |
| Rock City | 0 | 0 | - | $0 | $0 | - |
| Dakota | 0 | 0 | - | $0 | $0 | - |
| Winslow | 0 | 0 | - | $0 | $0 | - |
| Pearl City | 0 | 0 | - | $0 | $0 | - |
| Orangeville | 0 | 1 | -100% | $0 | $192,500 | -100% |
| Davis | 0 | 2 | -100% | $0 | $62,750 | -100% |
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