Summit Park, IL Housing Market

$263,271

5.4% 1-yr

The average Summit Park, IL home value is $263,271, up 5.4% over the past year. (Updated on 2/28/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Summit Park Key Takeaways

Typical Home Values: $263,271

1-Year Value Change: +5.4%

(Data through February 28, 2026)

Summit Park Housing Market Overview

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New Listings: --

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(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Neighborhoods

NameMedian ZHVI
Gifford Park$269,490
Lords Park$284,964
Downtown Elgin$273,828
Northeastern Elgin$282,348
Near West Elgin$263,596
Grant Park$282,362
Southwest Elgin$266,520
Cobblers Crossing$315,556
Southeast Elgin$261,681

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Summit Park Rental Market Trends

Average Rent: --

National Average Rent: $1,895 (February 28, 2026)

Month-Over-Month Change: --

Year-Over-Year Change: --

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.