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Summit Lake, WI Housing
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United States
/
Wisconsin
/ No Metro Area /
Langlade County
/ Summit Lake /
Zip Codes
EXPLORE SUMMIT LAKE
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The housing market in Summit Lake, WI is experiencing a surge in appreciation compared to the national average. The median home value is $220,300, which is significantly lower than the US median of $338,100. However, over the last year, the appreciation rate for homes in Summit Lake has been 17.10% compared to the US average of 8.27%, indicating that Summit Lake is an up and coming area for real estate investments. With its attractive prices and increasing values, Summit Lake is an ideal choice for buyers looking to invest in residential properties.
Median Monthly Rent by Number of Bedrooms
Housing by Year Built
Housing
Summit Lake, Wisconsin
United States
Number of Homes
134.0
139,647,020.0
Median Home Age
57
42
Median Home Cost
$220,300
$338,100
Home Appr. Last 12 months
17.1%
16.6%
Home Appr. Last 5 yrs.
51.1%
57.0%
Home Appr. Last 10 yrs.
64.5%
101.1%
Property Tax Rate
$15.08
$10.98
Property Taxes Paid
$1,861
$2,690
Homes Owned
23.1%
57.4%
Housing Vacant
76.9%
11.2%
Homes Rented
0.0%
31.4%
Vacant Housing
Vacant For Rent
0.0%
1.9%
Vacant Rented
0.0%
0.4%
Vacant For Sale
0.0%
0.7%
Vacant Sold
0.0%
0.4%
Vacant Vacation
67.2%
3.6%
Vacant Other
9.7%
4.1%
Value of Owner-Occupied Housing
Less Than $20,000
0.0%
2.6%
$20,000 to $39,999
16.1%
2.4%
$40,000 to $59,999
0.0%
2.8%
$60,000 to $79,999
6.5%
3.9%
$80,000 to $99,999
0.0%
4.5%
$100,000 to $149,999
16.1%
11.3%
$150,000 to $199,999
22.6%
13.0%
$200,000 to $299,999
16.1%
20.1%
$300,000 to $399,999
9.7%
13.6%
$400,000 to $499,999
12.9%
8.3%
$500,000 to $749,999
0.0%
9.7%
$750,000 to $999,999
0.0%
3.9%
$1,000,000 to $1,499,999
0.0%
2.2%
$1,500,000 to $1,999,999
0.0%
0.8%
$2,000,000 and over
0.0%
1.1%
Housing Units by Year Structure Built
2014 and newer
0.0%
0.2%
2010 to 2013
11.9%
13.6%
2000 to 2009
11.9%
13.6%
1990 to 1999
17.2%
13.6%
1980 to 1989
8.2%
13.2%
1970 to 1979
2.2%
14.8%
1960 to 1969
17.2%
13.6%
1950 to 1959
12.7%
10.0%
1940 to 1949
17.9%
4.7%
1939 or Earlier
16.4%
12.2%
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