From January through December of 2021, there were 67 homes sold, with a median sale price of $184,900 - a 16.7% increase over the $158,500 median sale price for the previous year. There were 54 homes sold in Lake Summerset in 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 2021.
The following table compares Lake Summerset to other Stephenson County cities in 2021:
| City | Jan. - Dec. 2021 Home Sales | Jan. - Dec. 2020 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2021 Median Sales Price | Jan. - Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lake Summerset | 67 | 54 | 24.1% | $184,900 | $158,500 | 16.7% |
| Lena | 60 | 60 | 0% | $128,700 | $100,000 | 28.7% |
| Dakota | 10 | 4 | 150% | $114,000 | $91,000 | 25.3% |
| Davis | 13 | 9 | 44.4% | $113,000 | $129,995 | -13.1% |
| German Valley | 6 | 6 | 0% | $112,500 | $111,000 | 1.4% |
| Orangeville | 10 | 12 | -16.7% | $102,000 | $110,000 | -7.3% |
| Pearl City | 9 | 14 | -35.7% | $95,000 | $84,000 | 13.1% |
| Cedarville | 21 | 15 | 40% | $75,000 | $74,500 | 0.7% |
| Freeport | 562 | 447 | 25.7% | $68,000 | $66,000 | 3% |
| Winslow | 10 | 8 | 25% | $56,875 | $42,000 | 35.4% |
| Rock City | 1 | 3 | -66.7% | $50,000 | $88,000 | -43.2% |
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