From July to September, 9 homes sold in Lake Summerset for a median price of $135,000. That's 5.9 percent higher than median home sale prices for the third quarter of 2017.
In the third quarter, 1 home in Lake Summerset was in foreclosure.
Median property tax for homeowners in Lake Summerset was $0 in 2018 according to tax data from that year. That means homeowners pay 0 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Lake Summerset real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
10
$162,641
-
2010
9
$222,300
36.7%
2011
8
$125,995
-43.3%
2012
7
$133,525
6%
2013
10
$104,220
-21.9%
2014
10
$155,211
48.9%
2015
13
$121,900
-21.5%
2016
11
$117,600
-3.5%
2017
21
$127,500
8.4%
2018
9
$135,000
5.9%
Median property tax
Median sale price
Effective property tax rate
2009
$5,172.27
$162,641
3.2%
2010
$5,984.31
$222,300
2.7%
2011
$3,988.66
$125,995
3.2%
2012
$4,554.25
$133,525
3.4%
2013
$3,272.88
$104,220
3.1%
2014
$5,422.32
$155,211
3.5%
2015
$4,600.88
$121,900
3.8%
2016
$3,956.94
$117,600
3.4%
2017
$3,029.23
$127,500
2.4%
2018
$0
$135,000
0%
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