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In December 2021, there were five homes sold, with a median sale price of $192,700 - a 27.4% increase over the $151,200 median sale price for the same period of the previous year. There were four homes sold in Lake Summerset in December 2020.
The median sales tax in Lake Summerset for the most recent year with available data, 2019, was $3,955, approximately 2.1% of the median home sale price for December 2021.
The following table compares Lake Summerset to other Stephenson County cities in December 2021:
| City | Dec. 2021 Home Sales | Dec. 2020 Home Sales | % change (Total Home Sales) | Dec. 2021 Median Sales Price | Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lake Summerset | 5 | 4 | 25% | $192,700 | $151,200 | 27.4% |
| German Valley | 1 | 1 | 0% | $143,000 | $163,400 | -12.5% |
| Davis | 1 | 0 | - | $135,000 | $0 | - |
| Dakota | 1 | 0 | - | $130,000 | $0 | - |
| Cedarville | 5 | 2 | 150% | $89,900 | $94,550 | -4.9% |
| Lena | 8 | 7 | 14.3% | $65,000 | $90,000 | -27.8% |
| Freeport | 49 | 39 | 25.6% | $58,000 | $67,000 | -13.4% |
| Rock City | 1 | 0 | - | $50,000 | $0 | - |
| Winslow | 2 | 0 | - | $47,750 | $0 | - |
| Pearl City | 0 | 1 | -100% | $0 | $128,000 | -100% |
| Orangeville | 0 | 0 | - | $0 | $0 | - |
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