Home Values

Summit Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$236,600

  • 1.8% 1-year change
  • 1.9% 1-year forecast

The median home value in Summit is $236,600. Summit home values have gone up 1.8% over the past year and Zillow predicts they will rise 1.9% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In Summit 100.0 homes are foreclosed (per 10,000). This is greater than the Mesa value of 3.6 and also greater than the national value of 3.5

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Relative ZHVI
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Summit Market Overview

Data through May 31, 2015
  • $236,600 ZHVI
  • 1.9% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (May 31, 2016)
  • No data Median listing price
  • No data Median sale price
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Summit Market Health

Data through May 31, 2015
  • No recent data
  • No data Average days on Zillow
  • No data Homes with negative equity (15.4% US Avg)
  • No data Delinquent on mortgage (6.0% US Avg)

Homes foreclosed (per 10,000)

100 homes(Aug 31, 2014) Summit
3.6 homes Mesa
3.5 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Desert Uplands $429,600
Las Sendas $383,900
Red Mountain Ranch $313,700
Name Median ZHVI
Ridgeview $234,800
Apache Wells $204,000
 

Listings & Sales

  • No data
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Summit Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,389 Summit
    $1,216 Mesa
    $1,367 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 3.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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