Single-Family
Condos &
Multi-Unit
Lots /
Short
ForeclosuresThe HomesByMarco team are experts. If you're looking to buy or sell a home, give us a call today at 888-32-MARCO.
Summit, Illinois, Real Estate
Summit currently has 14 single family homes with an average list price of $207,514, 10 condos/townhomes with an average list price of $136,069, and 9 multi-unit homes with an average list price of $223,289. The average annual property tax for Summit is $4,714.
Current Homes for Sale
NewConstruction 0 no homes |
AdultCommunities 0 no homes |
Schools
| School | District | Grade Level | Grades |
|---|---|---|---|
| Otis P Graves Elementary School | 104 | Elementary | P-4 |
| Walsh Elementary School | 104 | Elementary | P-4 |
| Heritage Middle School | 104 | Middle | 6-8 |
| Argo Community High School | 217 | High | 9-12 |
What's Hot & What Not
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Summit, i.e. what's hot and what's not.
See What's Hot & What's Not in SummitSubdivisions
| Subdivisions | Median Price | |
|---|---|---|
|
Argo |
$110,000 |
|
|
North Summit |
Metra Stations
| Station | Line | Address | ||
|---|---|---|---|---|
| Summit | Heritage Corridor (HC) | Center St. & Hanover Ave. | View commute |
Recent Sales
| Date | Address | Beds | Baths | Sq. Ft. | Year | Subdivision | Sold | ||
|---|---|---|---|---|---|---|---|---|---|
|
Apr 1, 2019 | 7227 W. 61st Pl. | 8 | 2 | — | 2 | 1930 | $168,000 | |
|
Mar 26, 2019 | 5513 S. 72nd Ct. | 4 | 2 | — | 2 | 1925 | $187,000 | |
|
Mar 19, 2019 | 6235 S. 75th Ave. | 4 + 1* | 2 | 1,752 ft2 | 2.5 | 1924 | $200,000 | |
|
Mar 13, 2019 | 7434 W. 64th Pl. | 3 | 2 | 988 ft2 | 0 | 1962 | $70,000 | |
|
Mar 11, 2019 | 7423 W. 58th St. | 2 | 2 | 1,076 ft2 | 2 | 1918 | $117,000 | |
|
Feb 28, 2019 | 5434 S. 72nd Ct. | 3 + 1* | 3 | 2,230 ft2 | 2 | 1928 | $299,500 | |
|
Feb 28, 2019 | 7737 W. 61st Pl. | 3 | 1.1 | 1,369 ft2 | 2 | 1992 | $171,500 | |
|
Feb 15, 2019 | 7420 W. 58th St. | 3 | 2 | 1,200 ft2 | 2 | 1999 | $233,000 | |
|
Feb 14, 2019 | 7437 W. 56th St. | 4 + 2* | 3 | 2,700 ft2 | 1 | 1909 | $255,000 | |
|
Feb 11, 2019 | 6040 S. 76th Ave. | 6 | 2 | — | 2 | 1961 | $255,000 |
We helped over 300 families buy and sell homes last year.
The HomesByMarco team are experts. If you're looking to buy or sell a home, give us a call today at 888-32-MARCO.
The HomesByMarco team are experts. If you're looking to buy or sell a home, give us a call today at 888-32-MARCO.
Market Trends
Summit home sales for the month of March decreased in volume by 40% when compared to last year, while the median sale price decreased by 25% from $156,000 to $117,000. The number of Single Family homes sales decreased by 25%, while the median sale price decreased by 27.9% from $162,250 to $117,000.
|
50
|
46
|
55
|
57
|
| 2015 | 2016 | 2017 | 2018 |
| # of sales per year | |||
|
$110,450
|
$137,875
|
$155,500
|
$160,000
|
| 2015 | 2016 | 2017 | 2018 |
| median sale price per year | |||
Median Sale Price for
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Number of Sales for
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Real Estate Sales for March in
| March | Year to Date (Jan 1 - April 19) | |||||
|---|---|---|---|---|---|---|
| 2018 | 2019 | % Change | 2018 | 2019 | % Change | |
| Homes Sold | 5 | 3 | -40% | 18 | 11 | -38.9% |
| (Single Family) | 4 | 3 | -25% | 15 | 11 | -26.7% |
| (Condos/Townhomes) | 1 | 0 | - | 3 | 0 | - |
| Median Sale Price | $156,000 | $117,000 | -25% | $162,500 | $171,500 | +5.5% |
| (Single Family) | $162,250 | $117,000 | -27.9% | $169,900 | $171,500 | +0.9% |
| (Condos/Townhomes) | $156,000 | $0 | - | $156,000 | $0 | - |
| Days on Market | 19 | 57 | +200% | 13 | 10 | -23.1% |
| (Single Family) | 11 | 57 | +418.2% | 11 | 10 | -9.1% |
| (Condos/Townhomes) | 188 | 0 | - | 79 | 0 | - |
Nearby Parks
| Park | Amenities | |
|---|---|---|
|
Hanover Park West Hanover Street and South Hunt Avenue |
Basketball Courts Playground |
|
|
Summit Park Bulldog Drive and South Archer Road |
Baseball Diamonds Basketball Courts Biking Paths Hiking Paths Playground Soccer Fields Softball Fields Tennis Courts Volleyball Courts |
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