Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Summit City area can be challenging. Home prices in Summit City are now at a median cost of $275,861, lower than the California average of $648,235.
The average cost of rent is $1,403/mo in Summit City, primarily driven by the current value of real estate in the Summit City area. While nearly 25.75% of residents own their homes outright in Summit City, 23.22% rent.
Housing affordability isn’t just about home prices, though. The average household income in Summit City is $6,904 per month. Households that rent pay about 20.33% of their income on rent here. Summit City's most expensive areas are in the southeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Shasta Lake, CA: less expensive homes
- Keswick, CA: equally priced homes
- Shasta, CA: higher priced homes
- Redding, CA: equally priced homes
- French Gulch, CA: less expensive homes
- Whiskeytown, CA: less expensive homes
- Obrien, CA: less expensive homes
- Bella Vista, CA: higher priced homes
- Palo Cedro, CA: higher priced homes
- Lakehead, CA: equally priced homes
Cities with Similar Populations
- Sonnette, MT: less expensive homes
- Kellys Korner, WA: higher priced homes
- Kemp, IL: less expensive homes
- Kempster, WI: less expensive homes
- Kenaston, ND: less expensive homes
- Kenton, MI: less expensive homes
- Key, AL: less expensive homes
- Kidley, IL: less expensive homes
- Kingston, KY: less expensive homes
- Social Hill, AR: less expensive homes
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