Summerville, IL—62063
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Summerville, IL
As of Oct '25, the median home price in Summerville, IL is $165,000, with a year-over-year change of -2.5%. This indicates that home prices in Summerville, IL are decreasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $165,000 | -2.5% |
| Single Family | $165,000 | -2.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Summerville, IL
Summerville, IL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Summerville, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Summerville, IL is 41. This is a increase of 29.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $229,000 | 388.0% |
Listing Count | 3 | -17.0% |
| Listings as % of Homes | 0.5% | -17.0% |
Days on Market | 41 | 29.0% |
Demographics — Summerville, IL
As of the latest ACS Survey released in 2023, Summerville, IL has a population of 869, which has decreased by -19.7% over the past 5 years. Summerville, IL is a less popular place for families, as children make up 7.9% of the population. The area has a poorly educated workforce, with 12.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 869 | -19.7% |
% Under 18 | 7.9% | -41.5% |
% Seniors | 16.8% | -28.5% |
% WFH | 8.3% | 260.9% |
% w/ College Degree | 12.7% | -24.0% |
As of the latest ACS Survey released in 2023, Summerville, IL is a predominantly white area, with 97.0% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Summerville, IL is hispanic, making up 1.8% of the population. Foreign-born residents account for 0.0% of the population in Summerville, IL, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 97.0% | -2.7% |
% Black | 0.0% | N/A |
% Hispanic | 1.8% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Summerville, IL
Summerville, IL lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Summerville, IL
Summerville, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $880 |
| 2 Bedroom | N/A | N/A | $1,090 |
| 3 Bedroom | N/A | N/A | $1,410 |
| 4 Bedroom | N/A | N/A | $1,640 |
Affordability — Summerville, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $165,000 |
| Median Household Income | $51,200 |