Housing Prices in Summit Township, IL

How much do homes in Summit Township, IL cost?

Median List Price

$422,450

$136/sqft

Based on all homes listed in the last 12 months.

Difference Since December 2023

+$35,450(+9.2%)

Key Takeaway

The list price of homes in Summit Township has increased by 9.2% since last year.

Summary: The median home list price in Summit Township was $422,450 in December 2024, up 9.2% from the previous year, and the median price per square foot was $136.

Median List Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $199.9K$399.9K
+100.1%
3 $302.4K$277.4K
-8.2%
4 $389.9K$449.9K
+15.4%
5+ $647K$669.9K
+3.5%

Summary: Summit Township housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 100.1%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes increased by 3.5%.

Median List Price Compared To Nearby Cities

Jackson Township
+70.2%
Douglas Township
+14.3%
Effingham
+11.1%
Summit Township
+9.2%

Housing Supply in Summit Township, IL

How many homes are available in Summit Township, IL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
17170.0%

Summary: The Summit Township real estate market had 17 homes for sale in December 2024, the same as November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 87
-12.5%
4 64
-33.3%
5+ 36
+100.0%

Summary: The Summit Township housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.

Days on Market for Summit Township, IL

How long does it take to sell a home in Summit Township, IL?

Average Listing Age

Dec 2023Dec 2024CHANGE
124 Days105 Days-14.8%

Summary: Homes in Summit Township had an average listing age of 105 days in Dec 2024, down by 14.8% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Summit Township, IL

Nearby Markets to Summit Township, IL