House Prices

House Prices & Home Values Summer Lake, OR 2026


Average Data

average house price$1,337,634
average size per house1500 ft²
average price per ft²893 $ / ft²

04/16/2026 - The value range (VR) for house prices in Summer Lake, OR is $668/ sqft to $668/ sqft. An average home with 1500 sqft costs approximately $1,002,000 to $1,002,000. Summer Lake, OR includes 1 ZIP codes and it is located in Lake county. The lowest prices are found in ZIP 97640, while the highest are in ZIP 97640. The average price per sqare feet is $893. Our analysis is based on 3 property listings.

Avergage prices by ZIP codes Summer Lake

97640624 $ / ft²




Historical development of home values in Summer Lake

Year Estimated value (USD) Change vs. 2025
2010 $621,221 -53.6%
2011 $597,199 -55.4%
2012 $595,591 -55.5%
2013 $617,852 -53.8%
2014 $648,575 -51.5%
2015 $681,862 -49.0%
2016 $717,446 -46.4%
2017 $756,170 -43.5%
2018 $797,975 -40.3%
2019 $834,976 -37.6%
2020 $878,140 -34.4%
2021 $998,789 -25.3%
2022 $1,164,364 -13.0%
2023 $1,227,876 -8.2%
2024 $1,298,911 -2.9%
2025 $1,337,634 0.0%

Graph: estimated home values in Summer Lake over time (USD)



Example: 100% financing house in Summer Lake

Loan amount: $1,337,634

Interest rate: 6.00%

Fixed monthly payment: $8,019.79

Breakdown in the 1st month:
Interest portion: $6,688.17  –  Principal portion: $1,331.62

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $79,811.20 $16,426.30 $1,321,207.70
2 $78,798.06 $17,439.44 $1,303,768.26
3 $77,722.43 $18,515.07 $1,285,253.19
4 $76,580.46 $19,657.04 $1,265,596.15
5 $75,368.06 $20,869.44 $1,244,726.72
6 $74,080.88 $22,156.62 $1,222,570.10
7 $72,714.31 $23,523.19 $1,199,046.90
8 $71,263.45 $24,974.05 $1,174,072.85
9 $69,723.10 $26,514.40 $1,147,558.46
10 $68,087.75 $28,149.75 $1,119,408.71
11 $66,351.54 $29,885.96 $1,089,522.75
12 $64,508.24 $31,729.26 $1,057,793.49
13 $62,551.25 $33,686.25 $1,024,107.24
14 $60,473.55 $35,763.95 $988,343.29
15 $58,267.71 $37,969.79 $950,373.50
16 $55,925.82 $40,311.68 $910,061.82
17 $53,439.48 $42,798.02 $867,263.80
18 $50,799.79 $45,437.71 $821,826.09
19 $47,997.29 $48,240.21 $773,585.89
20 $45,021.94 $51,215.56 $722,370.33
21 $41,863.08 $54,374.42 $667,995.91
22 $38,509.39 $57,728.11 $610,267.80
23 $34,948.84 $61,288.66 $548,979.14
24 $31,168.69 $65,068.81 $483,910.33
25 $27,155.39 $69,082.11 $414,828.22
26 $22,894.56 $73,342.94 $341,485.28
27 $18,370.92 $77,866.58 $263,618.70
28 $13,568.28 $82,669.22 $180,949.49
29 $8,469.43 $87,768.07 $93,181.41
30 $3,056.09 $93,181.41 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Summer Lake, OR


1500 sqft3900 sqft
Ø selling price$1,620,796$3,447,874
Ø fast selling$1,473,451$3,103,086
Ø high price sale$1,768,141$3,792,661

In 2026, houses in Summer Lake, OR will be offered at an average price of $893 per square foot. A 1,500 sqft home priced at $1,620,796 is 21.46% more expensive per square foot than a 3,900 sqft home priced at $3,447,874. Home prices in Summer Lake, OR vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $2,386,989. Sellers who can wait longer may achieve a higher price of up to $2,917,432.


Summer Lake, Oregon Travel Guide

Overview

Summer Lake, Oregon, in Lake County, is a serene high desert basin along the Oregon Outback Scenic Byway known for wide skies and mirrored waters.
The shallow alkaline lake creates dramatic reflections at sunrise and sunset that attract photographers and nature lovers year-round.

Wildlife and Outdoor Recreation

Birders flock to the Summer Lake Wildlife Area, a major Pacific Flyway stop hosting tens of thousands of waterfowl, shorebirds, and raptors during migration. Trails, viewing platforms, and auto routes make wildlife watching easy, while spring and fall deliver peak diversity and soundscapes.

Hot Springs and Stargazing

Nearby Summer Lake Hot Springs offers rustic soaking pools and simple cabins and camping with mountain views that pair perfectly with cool desert evenings. With minimal light pollution, the area boasts exceptional stargazing, revealing the Milky Way and seasonal meteor showers in vivid detail.

Scenery and Geology

The imposing Abert Rim and surrounding Basin and Range geology frame the valley, showcasing lava flows, fault block cliffs, and expansive playas. Scenic drives connect to Fort Rock, Crack in the Ground, and the Christmas Valley dunes, adding day-trip options for hikers and off-road explorers.

Planning Your Visit

Basic services cluster around the tiny community of Summer Lake, so visitors should fuel up, carry water, and check road conditions before exploring. Best times to visit are March?May and September?October, when temperatures are mild, bird activity peaks, and the high desert colors come alive.



FAQ – Home Values in Summer Lake

What is the median home value in Summer Lake in 2026?

In 2026, the typical home value in Summer Lake is about $1,337,634 for an average home size of 1500 square feet. This corresponds to an average price of roughly $893 per square foot.

What is the average cost per square foot in Summer Lake?

In 2026, homes in Summer Lake sell for an average of around $893 per square foot, with a typical range between $668 and $668 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Summer Lake is about 1500 square feet, with an estimated 2026 value around $1,337,634.



Locations close to Summer Lake, OR

Christmas Valley, OR605 $ / ft²
Bend, OR317 $ / ft²
Fields, OR3472 $ / ft²
Sprague River, OR129 $ / ft²
Silver Lake, OR126 $ / ft²
Plush, OR882 $ / ft²




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