In January 2022, there were four homes sold, with a median sale price of $173,000 - a 29.4% decrease over the $245,000 median sale price for the same period of the previous year. There were two homes sold in Lake Summerset in January 2021.
The median sales tax in Lake Summerset for the most recent year with available data, 2019, was $3,955, approximately 2.3% of the median home sale price for January 2022.
The following table compares Lake Summerset to other Stephenson County cities in January 2022:
| City | Jan. 2022 Home Sales | Jan. 2021 Home Sales | % change (Total Home Sales) | Jan. 2022 Median Sales Price | Jan. 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Lake Summerset | 4 | 2 | 100% | $173,000 | $245,000 | -29.4% |
| Orangeville | 2 | 0 | - | $164,950 | $0 | - |
| Pearl City | 2 | 1 | 100% | $137,500 | $32,000 | 329.7% |
| Dakota | 1 | 0 | - | $130,000 | $0 | - |
| Lena | 3 | 5 | -40% | $119,000 | $80,000 | 48.8% |
| Davis | 1 | 1 | 0% | $105,000 | $121,000 | -13.2% |
| German Valley | 1 | 0 | - | $99,900 | $0 | - |
| Freeport | 31 | 21 | 47.6% | $94,000 | $73,000 | 28.8% |
| Cedarville | 2 | 0 | - | $44,750 | $0 | - |
| Rock City | 0 | 0 | - | $0 | $0 | - |
| Winslow | 0 | 0 | - | $0 | $0 | - |
Alerts Sign-up