C
350%
Med. Home Val. NAT. AVG.
107%
Rent NAT. AVG.
12%
Owner Occ. NAT. AVG.
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Summit Housing Information

IndexSummitNew JerseyNational
Median home price$831,700$316,400$184,700
Median rent asked$1,962$1,213$949
Avg. people per household2.82.72.6
Owner occupied households71.4%64.1%63.6%
Renter occupied households28.6%35.9%36.4%
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Housing Quick Facts

  • The median home price in Summit is 350% higher than the national average.
  • The median rent asked in Summit is 107% higher than the national average.
  • The average number of people per household in Summit is 5% higher than the national average.
  • The number of owner occupied households in Summit is 12% higher than the national average.
  • The number of renter occupied households in Summit is 22% lower than the national average.

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Zarephath, NJ94$0100%
      Victory Gardens, NJ1,604$172,8006%
      East Orange, NJ64,650$226,00022%
      Roselle, NJ21,699$230,60025%
      Newark, NJ281,917$254,90038%
      Summit, NJ21,913$831,700350%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Bloomington, CA21,907$310,10068%
      Bloomingdale, IL21,905$306,40066%
      Leland, NC21,903$254,40038%
      Pace, FL21,898$187,7002%
      Gardner, KS21,936$201,1009%
      Summit, NJ21,913$831,700350%
      Source: The Summit, NJ housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).