Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Summit area can be challenging. Home prices in Summit are now at a median cost of $96,586, lower than the Missouri average of $194,908.
The average cost of rent is $733/mo in Summit, primarily driven by the current value of real estate in the Summit area. While nearly 66.15% of residents own their homes outright in Summit, 2.90% rent.
Housing affordability isn’t just about home prices, though. The average household income in Summit is $4,093 per month. Households that rent pay about 17.91% of their income on rent here. Summit's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Mineral Point, MO: higher priced homes
- Frankclay, MO: less expensive homes
- Terre du Lac, MO: higher priced homes
- Shibboleth, MO: equally priced homes
- Springtown, MO: equally priced homes
- Happy Hollow, MO: equally priced homes
- Wortham, MO: less expensive homes
- Cadet, MO: higher priced homes
- Irondale, MO: higher priced homes
- East Bonne Terre, MO: higher priced homes
Cities with Similar Populations
- Smithboro, IL: higher priced homes
- Fairmount, ND: equally priced homes
- Falkland, NC: less expensive homes
- Fielding, UT: higher priced homes
- Findley, MI: higher priced homes
- Forestburgh, NY: higher priced homes
- Galesville, MD: higher priced homes
- Sisterdale, TX: higher priced homes
- Slocum, TX: higher priced homes
- Fagus, MO: equally priced homes
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