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Tuesday, November 26, 2024

Lake Summerset (Winnebago County) home prices fall in October 2018

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The median sale price of a home sold in October 2018 in Lake Summerset in Winnebago County fell by $800 while total sales decreased by 50%, according to BlockShopper.com.

In October 2018, there were two homes sold, with a median sale price of $128,700 - a 0.6% decrease over the $129,500 median sale price for the same period of the previous year. There were four homes sold in Lake Summerset in October 2017.

The median sales tax in Lake Summerset for the most recent year with available data, 2017, was $4,099, approximately 3.2% of the median home sale price for October 2018.

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

CityOct. 2018 Home SalesOct. 2017 Home Sales% change (Total Home Sales)Oct. 2018 Median Sales PriceOct. 2017 Median Sales Price% change (Median Sales Price)
Harlem39-66.7%$178,800$239,900-25.5%
Roscoe1727-37%$175,000$168,5003.9%
South Beloit612-50%$169,500$119,37542%
Pecatonica7616.7%$149,900$92,45062.1%
Lake Summerset24-50%$128,700$129,500-0.6%
Cherry Valley1028-64.3%$128,000$128,0000%
Owen3250%$123,500$145,250-15%
Winnebago211-81.8%$121,500$116,0004.7%
Rockton621-71.4%$118,750$148,000-19.8%
Loves Park1926-26.9%$87,900$96,500-8.9%
Durand110%$80,000$90,000-11.1%
* This story only considers sales data for the part of Lake Summerset that is in Winnebago County.

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