7329 W. 55th Place, Summit sold on May 28

The home at 7329 W. 55th Place, Summit, Cook County, was sold on May 28 by Mason A. Perecich for $361,000.

Isabel MacIel was listed as the buyer.

Property taxes on the home totaled $6,052 in 2024, or 1.7% of the sale price.

This property is one of five sales in Summit, Cook County, between April 28 and May 28.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.