Housing & Real Estate — Lake Summerset, Illinois

Overview

Total Housing Units1,078
Occupied874
Vacant204
Owner-Occupied767
Renter-Occupied107
Median Home Value (Census)$237,300
Estimated 2026~$264,000
Median Rent$1,206/mo
Median Property Tax$5,189/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income13.4%
Severely Rent-Burdened42.1%

Housing Age

Built 2010 or later53
Built 2000-2009238
Built 1990-1999219
Built before 196037
Median Year Built1991
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.