Summit, SD Housing Statistics

A

63%

Med. Home Val. NAT. AVG.

40%

Rent NAT. AVG.

2%

Owner Occ. NAT. AVG.

Summit Housing Information

Index	Summit	South Dakota	National
Median home price	$120,739	$260,531	$326,622
Median rent asked	$868	$1,032	$1,444
Avg. people per household	3.0	2.4	2.6
Owner occupied households	65.0%	67.8%	63.6%
Renter occupied households	35.0%	32.2%	36.4%

Homes For Sale In Summit, SD

Walnut St

Summit, SD

Summit Housing Market

Monthly market trends

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Housing Quick Facts

The median home price in Summit is 63% lower than the national average.
The median rent asked in Summit is 40% lower than the national average.
The average number of people per household in Summit is 14% higher than the national average.
The number of owner occupied households in Summit is 2% higher than the national average.
The number of renter occupied households in Summit is 4% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Ortley, SD	60	$68,220	79%
Corona, SD	46	$92,916	72%
Marvin, SD	19	$105,574	68%
Twin Brooks, SD	46	$112,792	65%
South Shore, SD	266	$114,685	65%
Summit, SD	353	$120,739	63%

Cities with similar population

	Population	Home Price	National Avg.
Spencer, NE	353	$140,098	57%
St. Michael, AK	353	$126,837	61%
Friendship, MD	353	$1,088,000	233%
Buffalo, KS	353	$55,970	83%
Jeffers, MN	353	$99,534	70%
Summit, SD	353	$120,739	63%

Source: The Summit, SD 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.