Home › States › Illinois › Summit
The median home value in Summit, IL is $281,122 as of 2026-07-31, up 2.83% from a year earlier.
Median Home Value
$281,122
Year-over-Year
+2.83%
Population
10,455
Summit ranks #168 of 279 Illinois cities tracked here by median home value, and sits 11.9% below the state's city median of $319,026. It sits in Cook County, where the county-wide median is $344,339.
Median household income in Summit is $61,863, so the typical home value is about 4.5× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Summit police recorded a violent crime rate of 469 per 100,000 residents in 2024 — higher than most cities that report to the FBI. Property crime runs at 1,530 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Summit, that value is $281,122. That's up 2.83% from a year earlier. It is about 11.9% below the typical Illinois city tracked here.
Homes in Summit are cheaper than Cook County as a whole, where the median is $344,339 — a difference of about 18.4%.
Median household income here is $61,863, so the typical home value is about 4.5× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Summit police reported 469 violent crimes per 100,000 residents, covering a population of about 10,455. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.
Braidwood · Crest Hill · Monticello · Worth · Cicero · Harvard · Wilmington · Highland