Housing & Real Estate — Summit, Illinois

Overview

Total Housing Units3,934
Occupied3,617
Vacant317
Owner-Occupied2,229
Renter-Occupied1,388
Median Home Value (Census)$232,600
Estimated 2026~$252,000
Median Rent$1,012/mo
Median Property Tax$5,476/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income19.6%
Severely Rent-Burdened41.1%

Housing Age

Built 2010 or later126
Built 2000-2009288
Built 1990-1999105
Built before 19602,147
Median Year Built1958
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.