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Wednesday, November 27, 2024

Lake Summerset (Winnebago County) home prices rise in April 2018

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The median sale price of a home sold in April 2018 in Lake Summerset in Winnebago County rose by $95,000 while total sales increased by 50%, according to BlockShopper.com.

In April 2018, there were three homes sold, with a median sale price of $210,000 - a 82.6% increase over the $115,000 median sale price for the same period of the previous year. There were two homes sold in Lake Summerset in April 2017.

The median sales tax in Lake Summerset for the most recent year with available data, 2017, was $4,099, approximately 2% of the median home sale price for April 2018.

The following table compares Lake Summerset to other Winnebago County cities with similar median sales prices in April 2018:

CityApr. 2018 Home SalesApr. 2017 Home Sales% change (Total Home Sales)Apr. 2018 Median Sales PriceApr. 2017 Median Sales Price% change (Median Sales Price)
Harlem63100%$243,850$162,00050.5%
Lake Summerset3250%$210,000$115,00082.6%
Winnebago52150%$150,000$138,7508.1%
Roscoe3135-11.4%$150,000$168,000-10.7%
Durand20-$145,000$0-
Rockton201625%$143,000$135,2005.8%
Pecatonica5366.7%$123,000$202,500-39.3%
Machesney Park2931-6.5%$122,900$93,00032.2%
Owen12-50%$118,000$111,4505.9%
Cherry Valley14137.7%$115,000$135,000-14.8%
Loves Park1726-34.6%$90,000$91,500-1.6%
* This story only considers sales data for the part of Lake Summerset that is in Winnebago County.

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