- 2 bd
- 1 ba
- - sqft

The average Summit, NJ home value is $1,410,098, up 13.1% over the past year. (Updated on )
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Typical Home Values: $1,410,098
1-Year Value Change: +13.1%
(Data through August 31, 2026)
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
The median home value in Summit, NJ is $1,410,098 as of August 2026. This represents a 0.9% increase compared to last month and a 13.1% increase year-over-year.
Home values in Summit, NJ have increased by 0.9% month-over-month and 13.1% year-over-year.
The median home value in Summit, NJ ($1,410,098) compares to: Union County ($633,876), New Jersey ($580,353), and the U.S. national median ($368,697).