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 $280,886, lower than the Utah average of $361,191.
The average cost of rent is $906/mo in Summit, primarily driven by the current value of real estate in the Summit area. While nearly 32.88% of residents own their homes outright in Summit, 23.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in Summit is $5,617 per month. Households that rent pay about 16.13% of their income on rent here. Summit's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Enoch, UT: less expensive homes
- Parowan, UT: less expensive homes
- Cedar City, UT: equally priced homes
- Brian Head, UT: less expensive homes
- Pintura, UT: less expensive homes
- Paragonah, UT: less expensive homes
- Lund, UT: equally priced homes
- Panguitch, UT: less expensive homes
- Hatch, UT: equally priced homes
- Newcastle, UT: less expensive homes
Cities with Similar Populations
- Snelling, SC: less expensive homes
- Howard, KS: less expensive homes
- Hyattsville, KY: less expensive homes
- Indianola, NE: less expensive homes
- Institute, WI: higher priced homes
- Ira, VA: less expensive homes
- Lomax Crossroads, TN: less expensive homes
- Seal Cove, ME: equally priced homes
- Silvertop, TN: less expensive homes
- Smith, NV: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood