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Foreclosure Homes in Summerfield, IL

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Summerfield, IL Foreclosures

Current Market Conditions in in Summerfield, IL As of April 2026?
In the past month, Summerfield's real estate market has witnessed a slight uptick in home sales, indicating a rising interest from potential buyers. Prices have gradually increased by around 2% compared to the previous month, reflecting a healthy demand amidst a limited supply of homes. This trend could suggest that locals have a renewed confidence in their investment choices in this peaceful village.
How much do homes sell for in Summerfield, IL?
The average home price is currently $134,162.
In Summerfield, IL, how many homes are available?
There are currently 27 active home listings available in Summerfield.
What’s the average rental cost in Summerfield, IL?
The average rental price in Summerfield is $1,044.
What is the most expensive home in Summerfield?
The most expensive home sold in Summerfield had a price of $1,414,322.
What is currently the cheapest priced home in Summerfield, IL?
The cheapest home for sale in Summerfield is priced at $13,659.

Living in Summerfield, IL

Summerfield, IL, is a quaint village known for its welcoming community and serene environment. With a blend of suburban charm and access to essential amenities, it’s perfect for families and individuals alike. Enjoy local parks, schools, and a range of community events that contribute to a vibrant lifestyle.

Buyer vs Seller Market in Summerfield, IL

The real estate market in Summerfield has shown a consistent demand over the past year, with a steady increase in property values. This trend is driven by the village's appeal to families looking for a serene living environment combined with easy access to urban facilities.

Recent statistics indicate a balanced market, where homes are selling within reasonable time frames. Buyers find a variety of options, from traditional single-family homes to more modern builds, appealing to different tastes and budgets.

Home Value Estimator For Summerfield, IL

There are currently 265 real estate properties in Summerfield, IL, with a median automated valuation model (AVM) price of $112,039.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Summerfield, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Summerfield, IL, is $134,162.00, with the most expensive house in Summerfield, IL, topping out at $1,414,322.00 and the cheapest home in Summerfield, IL, clocking in at $13,659.00. In other words, there’s something for every potential homebuyer or savvy investor in Summerfield, IL!

Rent Prices In Summerfield, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Summerfield, IL, is on a rollercoaster ride. The average rent price in Summerfield, IL, is $1,044.00. Indeed, when looking to rent in Summerfield, IL, you can expect to pay as little as $650.00 or as much as $1,590.00, with the average rent median estimated to be $1,040.00. The good news is that finding an affordable and desirable property to rent in Summerfield, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Summerfield, IL Foreclosures


Market Trend for Summerfield, IL

Total Listings Available: 27

Market Values:

Home Prices from $13,659 to $1,414,322

Average Sales Price: $134,162

Rental Values:

Rental from $650 to $1,590

Average Rent Value: $1,044 / month

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