Home prices
The cost of the median home in Lake Summerset is $165,300. Compared to nearby areas it is approximately $60,400 (57%) higher.Compared to the United States as a whole it is about $52,200 (24%) lower, and in comparison to the city of Madison it is roughly $81,000 (32%) lower.
Rents
The median rent in Lake Summerset is $941 per month. This is roughly $186 (24%) higher in comparison to its surrounding areas.Compared to the US as a whole it is about $121 (11%) lower, and is roughly $177 (15%) lower compared to the city of Madison.
Nearby places
Davis
Davis is approximately 2 miles south of Lake Summerset. Real estate prices there are significantly less expensive. The median home price in Davis is $105,500, which works out to $59,800 (56%) lower than Lake Summerset. The rent there is somewhat less expensive. Davis's median monthly rent is $850, which comes out to $91 (10%) lower than Lake Summerset.
Durand
Durand is roughly 3 miles east of Lake Summerset. The real estate prices there are a lot less expensive. The median home in Durand is valued at $111,100, which is $54,200 (48%) lower than Lake Summerset. The rent there is a lot less expensive. Durand's median rent is $662 per month, which is $279 (42%) lower than Lake Summerset.
Rock City
Rock City is approximately 4 miles southwest from Lake Summerset. The housing prices there are significantly less expensive. The value of the median home in Rock City is $99,100, which is $66,200 (66%) lower than Lake Summerset. Its rents are a bit less expensive. The median monthly rent in Rock City is $725, which works out to $216 (29%) lower than Lake Summerset.
Dakota
Dakota is approximately 6 miles southwest from Lake Summerset. Housing prices there are significantly less expensive. The cost of the median home in Dakota is $94,300, which comes out to $71,000 (75%) lower than Lake Summerset. Rents there are substantially less expensive. The median rent in Dakota is $675 a month, which works out to $266 (39%) lower than Lake Summerset.
Pecatonica
Pecatonica is approximately 9 miles south from Lake Summerset. Its housing prices are significantly less expensive. Pecatonica's median home cost is $114,500, which works out to $50,800 (44%) lower than Lake Summerset. Rents there are a bit less expensive. Pecatonica's median monthly rent is $865, which comes out to $76 (8%) lower than Lake Summerset.