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These days, finding an affordable place to live in the Summit Park area can be challenging. Home prices in Summit Park are now at a median cost of $1,271,392, higher than the Utah average of $525,914.
The average cost of rent is $2,783/mo in Summit Park, primarily driven by the current value of real estate in the Summit Park area. In Summit Park, 16.17% of households rent, and 28.78% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Summit Park is $16,454 per month. Households that rent pay about 16.91% of their income on rent here. Summit Park’s most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Snyderville, UT: equally priced homes
- Silver Summit, UT: equally priced homes
- Park City, UT: higher priced homes
- Wanship, UT: less expensive homes
- Solitude, UT: less expensive homes
- Keetley, UT: less expensive homes
- Alta, UT: less expensive homes
- Hideout, UT: less expensive homes
- Coalville, UT: less expensive homes
- Peoa, UT: less expensive homes
Cities with Similar Populations
- Princeton, NC: less expensive homes
- Needville, TX: less expensive homes
- Nekoosa, WI: less expensive homes
- Nellis Afb, NV: less expensive homes
- Nevada, IA: less expensive homes
- Port Jefferson, NY: less expensive homes
- Port Richey, FL: less expensive homes
- Portland, IN: less expensive homes
- Poteet, TX: less expensive homes
- Prairie Grove, AR: less expensive homes
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