Summit, NJ Housing Statistics

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C+

346%

Med. Home Val. NAT. AVG.

104%

Rent NAT. AVG.

12%

Owner Occ. NAT. AVG.

Summit Housing Information

Index	Summit	New Jersey	National
Median home price	$1,455,967	$555,483	$326,622
Median rent asked	$2,950	$1,825	$1,444
Avg. people per household	2.8	2.7	2.6
Owner occupied households	71.4%	64.1%	63.6%
Renter occupied households	28.6%	35.9%	36.4%

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Homes For Sale In Summit, NJ

133 Summit Ave #43

Summit, NJ

175 Division Ave

Summit, NJ

77 Kent Place Blvd

Summit, NJ

41 Milton Ave

Summit, NJ

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Housing Quick Facts

The median home price in Summit is 346% higher than the national average.
The median rent asked in Summit is 104% 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

	Population	Home Price	National Avg.
Zarephath, NJ	98	$0	100%
Victory Gardens, NJ	1,654	$303,205	7%
East Orange, NJ	66,655	$402,475	23%
Roselle, NJ	22,321	$421,559	29%
Silver Lake CDP (Warren County), NJ	326	$461,789	41%
Summit, NJ	22,539	$1,455,967	346%

Cities with similar population

	Population	Home Price	National Avg.
Hazel Dell, WA	22,532	$548,401	68%
Linda, CA	22,530	$442,593	36%
Brent, FL	22,529	$150,611	54%
Alliance, OH	22,517	$156,311	52%
Bloomington, CA	22,506	$548,501	68%
Summit, NJ	22,539	$1,455,967	346%

Source: The Summit, NJ housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.