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 $118,200, lower than the West Virginia average of $138,399.
The average cost of rent is $666/mo in Summit, primarily driven by the current value of real estate in the Summit area. While nearly 43.43% of residents own their homes outright in Summit, 22.29% rent.
Housing affordability isn’t just about home prices, though. The average household income in Summit is $5,098 per month. Households that rent pay about 13.06% of their income on rent here. Summit's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Sumerco, WV: higher priced homes
- Priestley, WV: higher priced homes
- Woodville, WV: equally priced homes
- Sod, WV: higher priced homes
- Yawkey, WV: equally priced homes
- Julian, WV: less expensive homes
- Alum Creek, WV: equally priced homes
- Morrisvale, WV: less expensive homes
- Alkol, WV: less expensive homes
- Griffithsville, WV: higher priced homes
Cities with Similar Populations
- Lakeview, ID: higher priced homes
- St. Huberts, NY: higher priced homes
- Spry, UT: higher priced homes
- Spruce Valley, WV: less expensive homes
- Sproul, PA: equally priced homes
- Spring Lick, KY: less expensive homes
- Lisbon, NC: less expensive homes
- Leatherwood, KY: less expensive homes
- Leaf, MS: less expensive homes
- Laurel Ridge, LA: higher priced homes
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