The housing market in Summerfield, IL is thriving, with a median value of $78,900. This is significantly lower than the national median value of $338,100. In the past year, house appreciation in Summerfield has increased by 10.25%, compared to 8.27% nationally. It’s clear that Summerfield is a desirable and affordable place to live for those looking for a home.
The median home cost in Summerfield is $78,900. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Summerfield is up 12.4%.
Average Age of Homes
- The median age of Summerfield real estate is 53 years old
The Rental Market in Summerfield
- Renters make up 20.5% of the Summerfield population
- 0.0% of houses and apartments in Summerfield, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.