The Most Affordable Neighborhoods in Summit Point, WV by Home Value

 

Summit Point, WV Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Summit Point area can be challenging. Home prices in Summit Point are now at a median cost of $342,124, higher than the West Virginia average of $138,399.

The average cost of rent is $905/mo in Summit Point, primarily driven by the current value of real estate in the Summit Point area. While nearly 12.54% of residents own their homes outright in Summit Point, 3.30% rent.

Housing affordability isn’t just about home prices, though. The average household income in Summit Point is $13,100 per month. Households that rent pay about 6.91% of their income on rent here. Summit Point's most expensive areas are in the southeastern regions, while the cheapest areas are in the eastern parts of the city.


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