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Tuesday, November 26, 2024

Lake Summerset (Winnebago County) home prices fall in April 2019

Realestate077

The median sale price of a home sold in April 2019 in Lake Summerset in Winnebago County fell by $76,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

In April 2019, there were three homes sold, with a median sale price of $134,000 - a 36.2% decrease over the $210,000 median sale price for the same period of the previous year. There were three homes sold in Lake Summerset in April 2018, as well.

The median sales tax in Lake Summerset for the most recent year with available data, 2017, was $4,099, approximately 3.1% of the median home sale price for April 2019.

The following table compares Lake Summerset to other Winnebago County cities with similar median sales prices in April 2019:

CityApr. 2019 Home SalesApr. 2018 Home Sales% change (Total Home Sales)Apr. 2019 Median Sales PriceApr. 2018 Median Sales Price% change (Median Sales Price)
Pecatonica25-60%$213,450$123,00073.5%
Winnebago15-80%$213,000$150,00042%
Roscoe1031-67.7%$164,500$150,0009.7%
New Millford10-$162,500$0-
South Beloit36-50%$145,500$74,59095.1%
Lake Summerset330%$134,000$210,000-36.2%
Rockton620-70%$131,500$143,000-8%
Owen21100%$127,750$118,0008.3%
Cherry Valley514-64.3%$120,000$115,0004.3%
Loves Park617-64.7%$96,950$90,0007.7%
Machesney Park1729-41.4%$96,500$122,900-21.5%
* This story only considers sales data for the part of Lake Summerset that is in Winnebago County.

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