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Affordable
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These days, finding an affordable place to live in the Summum area can be challenging. Home prices in Summum are now at a median cost of $121,318, lower than the Illinois average of $300,242.
The average cost of rent is $759/mo in Summum, primarily driven by the current value of real estate in the Summum area. In Summum, 11.83% of households rent, and 72.86% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Summum is $6,666 per month. Households that rent pay about 11.39% of their income on rent here. Summum’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Astoria, IL: less expensive homes
- Bluff City, IL: less expensive homes
- Enion, IL: equally priced homes
- Sheldons Grove, IL: less expensive homes
- Ipava, IL: less expensive homes
- Vermont, IL: less expensive homes
- Browning, IL: less expensive homes
- Bath, IL: less expensive homes
- Sepo, IL: equally priced homes
- Matanzas Beach, IL: higher priced homes
Cities with Similar Populations
- Smithport, PA: higher priced homes
- Jeffers Garden, OR: higher priced homes
- Jerome, VA: higher priced homes
- Jimtown, OR: higher priced homes
- Johnstown, NE: equally priced homes
- Kalaupapa, HI: higher priced homes
- Kents Corners, NY: less expensive homes
- Sibleyville, NY: higher priced homes
- Silvacola, TN: higher priced homes
- Skinnerton, AL: higher priced homes
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