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2024 Compare Cities Housing:
Elkridge, MD vs Summit, NJ

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Highlights
- The median age of a home in Elkridge is 240.0% younger than the median age of a home in Summit.

Housing
 Elkridge, MDSummit, NJUnited States
 Median Home Age206842
 Median Home Cost$435,300$1,053,800$338,100
 Home Appr. Last 12 months10.6%12.1%16.6%
 Home Appr. Last 5 yrs.35.6%29.3%57.0%
 Home Appr. Last 10 yrs.49.5%44.3%101.1%
 Property Tax Rate$12.4$30.0$11.0
 Homes Owned62.1%65.5%57.4%
 Housing Vacant2.2%5.9%11.2%
 Homes Rented35.6%28.5%31.4%
 space
 Avg Rent For Home Or Apartment
 Elkridge, MDSummit, NJUnited States
 Average Rent$2,700$2,750$1,840
 Studio Apartment$1,480$1,550$1,080
 1 Bedroom Home or Apartment$1,710$1,830$1,180
 2 Bedroom Home or Apartment$2,110$2,200$1,430
 3 Bedroom Home or Apartment$2,740$2,790$1,860
 4 Bedroom Home or Apartment$3,140$3,280$2,160
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 Vacant Housing
 Elkridge, MDSummit, NJUnited States
 Vacant For Rent0.6%0.4%1.9%
 Vacant Rented0.2%1.4%0.4%
 Vacant For Sale0.0%1.4%0.7%
 Vacant Sold0.1%0.9%0.4%
 Vacant Vacation0.7%0.7%3.6%
 Vacant Other0.6%1.2%4.1%
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 Owner-Occupied Housing Value
 Elkridge, MDSummit, NJUnited States
 Less Than $20,0003.3%0.3%2.6%
 $20,000 to $39,9990.8%0.0%2.4%
 $40,000 to $59,9990.0%0.1%2.8%
 $60,000 to $79,9990.8%0.4%3.9%
 $80,000 to $99,9990.0%0.4%4.5%
 $100,000 to $149,9992.3%0.0%11.3%
 $150,000 to $199,9993.4%1.1%13.0%
 $200,000 to $299,99915.1%2.1%20.1%
 $300,000 to $399,99934.1%5.0%13.6%
 $400,000 to $499,99923.8%4.9%8.3%
 $500,000 to $749,99915.9%28.1%9.7%
 $750,000 to $999,9990.5%18.7%3.9%
 $1,000,000 to $1,499,9990.0%18.7%2.2%
 $1,500,000 to $1,999,9990.0%10.7%0.8%
 $2,000,000 and over0.0%9.5%1.1%
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 Housing Units By Year Built
 Elkridge, MDSummit, NJUnited States
 2015 and Newer0.2%0.0%0.2%
 2010 to 201415.4%2.9%13.6%
 2000 to 200915.4%2.9%13.6%
 1990 to 199914.2%2.4%13.6%
 1980 to 198917.8%5.3%13.2%
 1970 to 19796.3%5.9%14.8%
 1960 to 196914.2%2.4%13.6%
 1950 to 19593.7%28.4%10.0%
 1940 to 19490.7%10.3%4.7%
 1939 or Earlier3.9%32.1%12.2%

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Reviews for Summit    5 Reviews

Over 16 years ago

While there seems to be a good amount of cultural activities and diversity in this area, and it is done with the intention that it makes people feel diverse, when they  More

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Over 18 years ago

A very nice town. If you have lots of money to spend on housing and really want to be in Summit then it is worth it. The water and air quality are terrible. And as a  More

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Summit, NJ is a very expensive place to live. But the town does a great job of making it worth every penny. Community activities, train station, quite neighborhoods,  More

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ZIPS IN ELKRIDGE, MARYLAND
21075
ZIPS IN SUMMIT, NEW JERSEY
07901

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