Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Silver Summit area can be challenging. Home prices in Silver Summit are now at a median cost of $721,619, higher than the Utah average of $361,191.
The average cost of rent is $2,363/mo in Silver Summit, primarily driven by the current value of real estate in the Silver Summit area. While nearly 22.22% of residents own their homes outright in Silver Summit, 10.02% rent.
Housing affordability isn’t just about home prices, though. The average household income in Silver Summit is $12,250 per month. Households that rent pay about 19.29% of their income on rent here. Silver Summit's most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Snyderville, UT: higher priced homes
- Park City, UT: higher priced homes
- Summit Park, UT: higher priced homes
- Wanship, UT: less expensive homes
- Keetley, UT: less expensive homes
- Hideout, UT: less expensive homes
- Peoa, UT: less expensive homes
- Solitude, UT: equally priced homes
- Coalville, UT: less expensive homes
- Kamas, UT: less expensive homes
Cities with Similar Populations
- Catharpin, VA: less expensive homes
- Christiana, PA: less expensive homes
- Clifton, AZ: less expensive homes
- Dundee, OR: less expensive homes
- Reddick, FL: less expensive homes
- Spindale, NC: less expensive homes
- Saltville, VA: less expensive homes
- Meyersdale, PA: less expensive homes
- Lake Providence, LA: less expensive homes
- New Franken, WI: less expensive homes
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