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These days, finding an affordable place to live in the Summitville area can be challenging. Home prices in Summitville are now at a median cost of $143,342, lower than the Indiana average of $232,932.
The average cost of rent is $784/mo in Summitville, primarily driven by the current value of real estate in the Summitville area. In Summitville, 13.97% of households rent, and 49.84% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Summitville is $6,328 per month. Households that rent pay about 12.39% of their income on rent here. Summitville’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Fairmount, IN: less expensive homes
- Wheeling, IN: higher priced homes
- Orestes, IN: higher priced homes
- Alexandria, IN: equally priced homes
- Moonville, IN: higher priced homes
- Fowlerton, IN: higher priced homes
- Dundee, IN: higher priced homes
- Hackleman, IN: higher priced homes
- Gaston, IN: higher priced homes
- Matthews, IN: equally priced homes
Cities with Similar Populations
- Schuyler Falls, NY: higher priced homes
- Hawk Point, MO: higher priced homes
- Kirkland, IL: higher priced homes
- Lakeside City, TX: higher priced homes
- Lanai City, HI: higher priced homes
- Ararat, NC: higher priced homes
- Norris City, IL: equally priced homes
- Oakwood Hills, IL: higher priced homes
- Osseo, MI: higher priced homes
- Park City, KY: equally priced homes
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