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 $134,850, lower than the New York average of $481,023.
The average cost of rent is $1,024/mo in Summit, primarily driven by the current value of real estate in the Summit area. While nearly 51.59% of residents own their homes outright in Summit, 11.75% rent.
Housing affordability isn’t just about home prices, though. The average household income in Summit is $6,201 per month. Households that rent pay about 16.51% of their income on rent here. Summit's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Lutheranville, NY: equally priced homes
- Charlotteville, NY: equally priced homes
- Richmondville, NY: equally priced homes
- Vintonton, NY: equally priced homes
- Jefferson, NY: higher priced homes
- West Richmondville, NY: less expensive homes
- West Fulton, NY: equally priced homes
- East Worcester, NY: equally priced homes
- Warnerville, NY: higher priced homes
- Hyndsville, NY: equally priced homes
Cities with Similar Populations
- Gum Springs, MS: less expensive homes
- Woods Cross Roads, VA: higher priced homes
- Wyandot, OH: equally priced homes
- Wyatte, MS: higher priced homes
- Yelvington, FL: higher priced homes
- Hartford, IN: higher priced homes
- Hamer, ID: higher priced homes
- Hallwood, PA: higher priced homes
- Hagans, WV: higher priced homes
- Highpoint, MS: less expensive homes
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