Richa Garg | Licensed Realtor®
973-556-4819973-556-4819

Summit Real Estate Analysis

Summit Real Estate Market Stats

Average Home Values

Price Distribution


Owners vs Renters

Home Averages

$112 Average Price

Local vs National Home Values

 LocalNational
Percent Homes Decreasing 112 0
Percent Listing Price Reduction 9.8% 12.8%
Median List Price Per Sq Ft 113 125
Median List Price $1,145,000 $234,900
Median Sale Price 112 2,386,156
Homes For Sale 113 2,386,156
Homes Recently Sold 112 2,386,156
Property Tax $12,904 $2,147
Turnover (Sold Within Last Yr.) 1.8% 3.3%
Median Value Per Sq Ft $416 $130
Homes For Sale By Owner 1 97,990
New Construction 3 122,006
Foreclosures 1 14,776

Local vs National Demographics

 LocalNational
Median Household Income 92,964 44,512
Single Males 11.6% 14.6%
Single Females 11.9% 12.5%
Median Age 36 36
Homes With Kids 38.5% 31.4%
Average Household Size 2 2
Average Commute Time (Minutes) 32 26

Walk Score for Summit



Summit School Data

Summit School Districts

Summit City School District
PK-12 & ungraded
http://www.summit.k12.nj.us

Summit Schools

Summit Sr High School
9-12 & ungraded, public
L C Johnson Summit Middle School
6-8 & ungraded, public
Brayton Elementary School
1-5 & ungraded, public
Franklin Elementary School
1-5 & ungraded, public
Jefferson Elementary School
1-5 & ungraded, public
Lincoln Hubbard Elementary School
1-5 & ungraded, public
Washington Elementary School
1-5 & ungraded, public
Oratory Preparatory School
7-12, private
Kent Place School
PK-12, private
Oak Knoll School of the Holy Child
K-12, private
http://www.oakknoll.org
Jefferson Primary Center
PK-K & ungraded, public
Primary Center At Wilson
PK-K & ungraded, public
HudsonWay Immersion School
PK-5, private
http://www.hwis.org
Bilingual Buds
PK-3, private