City

SUMMIT, IL

Chicago-Naperville-Elgin, IL-IN-WI

The median home in Summit, Illinois is valued at $258,178, up 3.1% year over year. Summit is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Chicago-Naperville-Elgin, IL-IN-WI stress score, crash risk, and 12-month forecast →

Home Value$258,178

+3.1%

AFFORDABILITY

Enter your income for Summit.

Income (annual)

Down Payment

$51,636 on $258,178

Stretch — 31% of income

Above 28% but manageable with cuts.

PITI$1,935

P/I31%

Afford$233K

Gap-$25K

P&I $1,305Tax $480Ins $150

6.50% 30yr, 20% down, county tax + IL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Illinois

Compare Summit with other housing markets across Illinois.

Kenilworth$1927K Winnetka$1731K Glencoe$1507K Bannockburn$1222K Golf$1186K Hinsdale$1182K Lake Forest$1136K South Barrington$1077K

Full Chicago-Naperville-Elgin, IL-IN-WI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Chicago-Naperville-Elgin, IL-IN-WI metro.

View Chicago-Naperville-Elgin, IL-IN-WI metro →