Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Summer City area can be challenging. Home prices in Summer City are now at a median cost of $171,890, lower than the Tennessee average of $218,916.
The average cost of rent is $797/mo in Summer City, primarily driven by the current value of real estate in the Summer City area. While nearly 43.89% of residents own their homes outright in Summer City, 25.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in Summer City is $3,348 per month. Households that rent pay about 23.81% of their income on rent here. Summer City's most expensive areas are in the southern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Morgan Springs, TN: less expensive homes
- New Harmony, TN: equally priced homes
- Ogden, TN: less expensive homes
- Pikeville, TN: less expensive homes
- Cold Spring, TN: less expensive homes
- Nine Mile, TN: equally priced homes
- Emery Mill, TN: less expensive homes
- Cumberland Springs, TN: less expensive homes
- Mount Crest, TN: less expensive homes
- Lees Station, TN: equally priced homes
Cities with Similar Populations
- St. Martin, MN: higher priced homes
- Summerfield, MO: equally priced homes
- Sullivan, MI: higher priced homes
- Stratford, NH: less expensive homes
- Stoutsville, MO: higher priced homes
- Stillwater, OH: equally priced homes
- Stickney, PA: less expensive homes
- Steen, MN: higher priced homes
- Steeles Tavern, VA: equally priced homes
- Startup, WA: higher priced homes
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