Home/Lake Summerset/Market Report

Lake Summerset Housing Market Report

September 2026 • Updated daily from MLS data

$250,000
Average Price
1
Active Listings
20
Avg Days on Market
$134
Avg Price/Sqft
0
New This Week

Inventory by Property Type

Active listings in Lake Summerset broken down by property type

Price Distribution

How Lake Summerset home prices are distributed across price ranges

Under $100K
0
$100K–$200K
0
$200K–$300K
1
1
$300K–$500K
0
$500K–$750K
0
$750K–$1M
0
$1M+
0

Listings by Bedrooms

Bedroom count breakdown for active listings in Lake Summerset

0
1 Bed
0
2 Bed
1
3 Bed
0
4 Bed
0
5+ Bed

Demographics & Community

Census data for Lake Summerset, Illinois

2,115
Population
$104,375
Median Household Income
43.4
Median Age
$219,500
Census Median Home Value

Housing Occupancy

Total Housing Units1,096
Owner-Occupied712 (91.4%)
Renter-Occupied67 (8.6%)
Vacant Units317
Median Rent$1,194/mo

Commute & Education

Median Commute814 min
Work From Home2.8%
0
Bachelor's Degree+15.1%
High School Diploma+1.3%

Affordability & Housing Costs

HUD data for the Lake Summerset area

Fair Market Rent (2024)

Studio$552/mo
1 Bedroom$620/mo
2 Bedroom$814/mo
3 Bedroom$997/mo
4 Bedroom$1,136/mo

Income Limits (2024)

Median Family Income$77,800
Low Income (4-person)$65,100
Very Low Income (4-person)$40,700
Extremely Low (4-person)$31,200

School Districts

School districts serving Lake Summerset properties

201

Featured Listings in Lake Summerset

Top properties currently on the market

Save $5,100 on the Average Lake Summerset Home

Traditional agents charge 3% commission ($7,500). With IvyGro, our broker keeps just $2,400 (negotiable at closing) and you keep the rest as your rebate.