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Summit Real Estate Overview

Today, November 30, 2009

Market View for Summit

Info
Avg. Listing Price $169,952 Wk ending Nov 25
+$9,514
+5.9%
w-o-w
Median Sales Price $129,000 Aug '09 - Oct '09
-$13,000
-9.2%
y-o-y
43Homes For Sale 0Open Homes
40Recently Sold 69Foreclosures

Market Trends for Summit

Embed Info
Listing price – Summit
Average Listing Price
$169,952
+5.9%
w-o-w
Median Sales Price
$129,000
-9.2%
y-o-y
Average price/sqft
$98
-33.3%
y-o-y
Number of Sales
15
+66.7%
y-o-y
More Summit Market Trends
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Home Prices for Cook County

Info
google map tile
Most popular
zip codes
Avg. listing price
Week ending Nov 25
 
w-o-w

60614
$851,446
-0.4%
60622
$494,183
-1.3%
60657
$520,484
-0.7%
60647
$400,265
-2.4%
60618
$408,412
+0.1%
 
Movers & Shakers
Avg. listing price
Week ending Nov 25
 
w-o-w

60193
$396,022
+50.8%
60644
$117,513
+11.8%
60165
$162,383
+9.2%
60621
$81,047
-8.2%
60301
$351,864
+8.0%
 
View Cook County Home Prices Map
 

Summit Summary

Average price per square foot for Summit IL was $98, a decrease of 33.3% compared to the same period last year. The median sales price for homes in Summit IL for Aug 09 to Oct 09 was $129,000 based on 15 home sales. Compared to the same period one year ago, the median home sales price decreased 9.2%, or $13,000, and the number of home sales increased 66.7%.

There are currently 43 resale and new homes in Summit on Trulia, including 69 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Summit IL was $169,952 for the week ending Nov 25, which represents an increase of 5.9%, or $9,514, compared to the prior week.

 

Schools in Summit

Info
DISTRICT
TYPE
GRADES
SCHOOLS
STUDENTS
Argo Cmty High School District 217
Public
9 - 12
1
1,766
Summit School District 104
Public
PK - 8
5
1,600
SCHOOL NAME
SCHOOL TYPE
GRADES
PARENT RATING
Argo Community High School
Public
9 - 12
Heritage Middle School
Public
6 - 8
Otis P Graves Elementary School
Public
PK - 4
Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.
View all Summit Schools
 

Community Info for Summit

Info
More Summit Community Info

Homes for Sale in Summit

7435 West 58th, Summit IL
7435 W 58th…
$89,900
4 br  2 ba
7344 West 56th Street, Summit IL
7344 W 56th…
$147,900
2 br  1 ba
7533 West 61st, Summit IL
7533 W 61st…
$109,250
5 br  2 ba
7340 West 57th Place, Summit IL
7340 W 57th…
$174,900
4 br  3 ba
5533 South 72nd Court, Summit IL
5533 S 72nd…
$149,000
4 br  2 ba
7541 West 61st Street, Summit IL
7541 W 61st…
$79,900
3 br  1 ba
View all Summit Homes for Sale
 
Stats & Trends
Summit

Real Estate Overview

Market Trends

Schools

Home Prices Map

Community Info

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Nearby Cities

Cities
Median
sales price
Average
listing price
Lyons
$127,000
$170,294
Justice
$160,000
$202,231
Bedford Park
$150,000
$219,715
Bridgeview
$190,000
$188,458
Hodgkins
$205,000
$164,600
Countryside
$130,000
$296,976
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Advice

Recent Q&A in Summit, IL

Q: CONTRACTOR AVAILABLE...LOTS OF EXPERIENCE, PERSONNEL AND EQUIPMENT IN THE CHICAGO AREA. 2 answers
Q: What's the market time for a one bedroom in Edgewater? 4 answers
Q: What is your opinion on the use of split-face block in residential property in Chicago? 4 answers
Q: I can't understand why we haven't sold. 35 answers
Q: 203k to convert 2 flat to SFH 6 answers

Got a real estate question? 

More Advice:
  • Recent Q&A in Summit, IL
  • Recent blog posts in Summit, IL
  • Find a real estate professional Summit, IL

Nearby Cities Real Estate

  • Lyons Real Estate
  • Justice Real Estate
  • Bedford Park Real Estate
  • Bridgeview Real Estate
  • Hodgkins Real Estate
  • Countryside Real Estate

Nearby Cities Sold Homes

  • Lyons Sold Homes
  • Justice Sold Homes
  • Bedford Park Sold Homes
  • Bridgeview Sold Homes
  • Hodgkins Sold Homes
  • Countryside Sold Homes

Nearby Cities Home Prices

  • Lyons Home Prices
  • Justice Home Prices
  • Bedford Park Home Prices
  • Bridgeview Home Prices
  • Hodgkins Home Prices
  • Countryside Home Prices

Summit Stats & Trends

  • Summit Market Trends
  • Summit Schools
  • Summit Community Info
  • Summit Home Prices
  • Summit Real Estate
  • Summit Recently Sold Homes

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Summit real estate—use Trulia to find real estate in Summit as well real estate in other cities in Illinois. Trulia provides comprehensive real estate guides with up-to-date information about housing prices, latest Summit real estate trends, market activity, and neighborhood information. Before buying a house in Summit, research real estate on Trulia. Understanding the Summit real estate market is your first step to buying a home in Summit, Illinois. Our real estate guide gives your a valuable overview of the Summit real estate market—find Summit properties, sales statistics, real estate price trends, real estate market activity, comparisons of Summit schools or Illinois schools, and general demographic information for Summit, IL. Trulia's real estate guide combines a Summit map with a detailed list of Summit neighborhoods, ZIP codes, and nearby cities to help kick-start your search for a home in Summit.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Homes for Sale includes resale and new homes on Trulia.
Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.
Open Homes refers to listings on Trulia with scheduled open house times.
Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.
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About this Info
Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.
Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.
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Parent Reviews
These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

  
   
About this Info
Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.
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