Summit, IL · September 2026

Summit market snapshot

Distressed inventory, home values and rents in Summit, refreshed every month.

See all 22 listings

Distressed homes: 22
Median home value: $298,453
Median rent: $1,580/mo
12-month value change: +4.6%

Home values over the past year

The median Summit home moved from $285,239 in Sep 2025 to $298,453 in Sep 2026, +4.6%.

$298,453 $269,687

Sep 2025 Dec Mar Jun Sep 2026

Median rent

$1,580/mo

Price range

Sample homes across the Summit market.

Entry: $132,000
Typical: $278,716
Upper end: $448,013

This month

Home values: +0.20% MoM; rent: +0.00% MoM.

Sep 2025 $285,239
Oct 2025 $283,396
Nov 2025 $283,804
Dec 2025 $279,227
Jan 2026 $277,591
Feb 2026 $276,732
Mar 2026 $273,028
Apr 2026 $269,687
May 2026 $278,744
Jun 2026 $287,690
Jul 2026 $296,234
Aug 2026 $297,863
Sep 2026 $298,453

What's for sale

Active distressed listings in Summit, by type.

Preforeclosure 13
Bankruptcy 7
Foreclosure 2

Distressed listings in Summit

A selection of what's on the market now. Inventory changes daily.

Foreclosure 20 Price coming soon W 62nd Pl Summit Argo, IL 60501 Single-Family 3 1 1202 Built 1927

Foreclosure 20 $228,000EMV W 55th Pl Summit Argo, IL 60501 Single-Family 3 2 1662 Est. rent $1,910 Built 1949

Preforeclosure 5 Price coming soon W 57th Pl Summit Argo, IL 60501 Single-Family 3 1.5 1222 Built 1913

Preforeclosure Price coming soon W 64th St Summit Argo, IL 60501 Single-Family 3 1 912 Built 1958

See all 22 listings in Summit

Schools nearby

Close to homes for sale in Summit.

Dr. Donald Wharton Elementary School
Graves Elementary School
Heritage Middle School
Walsh Elementary School
Argo Community High School

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Home values and rents are city-wide medians as of September 2026. Listing counts are live and cover active foreclosure, preforeclosure, auction and other distressed properties in Summit, IL.