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market report · 60501
Summit, IL · 60501
5 active listings$399,000 median ask$2,626 est. rent0.7% price/rent
$399,000
Median list price
$2,626/mo
Estimated rent
0.7%
Price / rent ratio
5
Listings
FHFA home price index · 2016–2025
94.8% cumulative change over the window. Source: FHFA ZIP-level HPI.
$2.12
Median rent / sqft
3 comps
$332.08
Median sold / sqft
3 comps
—
Walkability
5.3%
Area unemployment
BLS LAUS
Median household income $63,244 · median home value $234,300 · ACS 2024.
Natural-hazard risk Relatively Moderate (FEMA NRI score 84).
19 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
5441 S 74th Ave, Summit, IL 60501
Summit, IL
$449,900$4,567/mo1%
7638 W 61st Pl, Summit, IL 60501
Summit, IL
$399,000$2,829/mo0.7%
5441 S Hunt Ave, Summit, IL 60501
Summit, IL
$379,000$2,552/mo0.7%
5317 S Hunt Ave, Summit, IL 60501
Summit, IL
$379,900$2,419/mo0.6%
7424 W 57th Pl, Summit, IL 60501
Summit, IL
$419,000$2,626/mo0.6%