Summit Housing Information - Census

IndexSummitIllinoisNational
Median home price$153,900$174,800$184,700
Median rent asked$845$925$949
Avg. people per household3.62.62.6
Owner occupied households50.8%66.0%63.6%
Renter occupied households49.2%34.0%36.4%

Summit Housing Information - Zillow

IndexSummitIllinoisNational
Zillow home value index$160,238$173,165$213,146
Year over year appreciation rate6.80%5.36%8.00%
5 year average appreciation rate8.91%5.07%6.57%
10 year average appreciation rate-2.85%-1.06%1.33%

Did you know?

  • The median home price in Summit is 17% lower than the national average.
  • The median rent asked in Summit is 11% lower than the national average.
  • The average number of people per household in Summit is 39% higher than the national average.
  • The number of owner occupied households in Summit is 20% lower than the national average.
  • The number of renter occupied households in Summit is 35% higher than the national average.

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Compare Summit, IL Housing To Other Cities

Vacancy vs occupancy levels

Vacancy status breakdown

Household statistics

Heating methods

Rent percent of household income

Inclusion of utilites in rent

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Hodgkins, IL1,960$32,30083%
Dixmoor, IL3,614$44,20076%
Phoenix, IL2,042$71,60061%
Robbins, IL5,216$72,50061%
Harvey, IL25,625$72,70061%
Summit, IL11,409$153,90017%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Two Rivers, WI11,409$95,50048%
Signal Hill, CA11,404$446,000141%
Centerton, AR11,403$144,30022%
Peru, IN11,415$61,30067%
Somerset, KY11,415$105,10043%
Summit, IL11,409$153,90017%
Source: The Summit, IL housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS) and Zillow data.