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Summit Housing Market Report

August 2026 • Updated daily from MLS data

$513,458
Average Price
13
Active Listings
46
Avg Days on Market
$368
Avg Price/Sqft
0
New This Week

Inventory by Property Type

Active listings in Summit broken down by property type

9
Single Family
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0
Condo
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0
Townhouse
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0
Multifamily
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Price Distribution

How Summit home prices are distributed across price ranges

Under $100K
0
$100K–$200K
0
$200K–$300K
4
4
$300K–$500K
3
3
$500K–$750K
2
2
$750K–$1M
2
2
$1M+
1
1

Listings by Bedrooms

Bedroom count breakdown for active listings in Summit

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

Demographics & Community

Census data for Summit, Illinois

11,036
Population
$51,040
Median Household Income
37.1
Median Age
$214,200
Census Median Home Value

Housing Occupancy

Total Housing Units3,861
Owner-Occupied2,072 (57.6%)
Renter-Occupied1,528 (42.4%)
Vacant Units261
Median Rent$1,015/mo

Commute & Education

Median Commute4565 min
Work From Home1.1%
Public Transit2.5%
Bachelor's Degree+8.6%
High School Diploma+0.2%

Affordability & Housing Costs

HUD data for the Summit area

Fair Market Rent (2024)

Studio$1,399/mo
1 Bedroom$1,507/mo
2 Bedroom$1,714/mo
3 Bedroom$2,182/mo
4 Bedroom$2,583/mo

Income Limits (2024)

Median Family Income$112,100
Low Income (4-person)$89,700
Very Low Income (4-person)$56,050
Extremely Low (4-person)$33,650

Safety & Crime Statistics

Crime data for Summit (2024)

49
Violent Crimes
162
Property Crimes
27
Burglaries
30
Vehicle Thefts

School Districts

School districts serving Summit properties

104

Featured Listings in Summit

Top properties currently on the market

5601 Archer
$1,100,000
5601 Archer
Summit, IL
7229 57th
$399,000
5
2
1,700 sqft
7229 57th
Summit, IL
7424 57th
$419,000
5
2
1,236 sqft
7424 57th
Summit, IL
7458 64th
$260,000
3
2
1,311 sqft
7458 64th
Summit, IL
6237 Archer
$659,900
6237 Archer
Summit, IL
6061 74th
$214,900
4
1
965 sqft
6061 74th
Summit, IL
View All Summit Properties

Save $13,004 on the Average Summit Home

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