2026 Compare Cities Housing:
Summit, NJ vs Carmel Valley Village, CA

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Highlights
- The median age of a home in Summit is 17.6% older than the median age of a home in Carmel Valley Village.
 Summit, NJCarmel Valley Village, CAUnited States
 Median Home Age68  Unlock42
 Median Home Cost  Unlock$1,350,100$338,100
 Home Appr. Last 12 months12.1%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock55.6%57.0%
 Home Appr. Last 10 yrs.44.3%  Unlock101.1%
 Property Tax Rate  Unlock$5.8$11.0
 Homes Owned65.5%  Unlock57.4%
 Housing Vacant  Unlock18.0%11.2%
 Homes Rented28.5%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Summit, NJCarmel Valley Village, CAUnited States
 Average Rent  Unlock$4,450$1,840
 Studio Apartment$1,550  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$2,610$1,180
 2 Bedroom Home or Apartment$2,200  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$4,510$1,860
 4 Bedroom Home or Apartment$3,280  Unlock$2,160
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 Vacant Housing
 Summit, NJCarmel Valley Village, CAUnited States
 Vacant For Rent  Unlock0.0%1.9%
 Vacant Rented1.4%  Unlock0.4%
 Vacant For Sale  Unlock0.0%0.7%
 Vacant Sold0.9%  Unlock0.4%
 Vacant Vacation  Unlock13.4%3.6%
 Vacant Other1.2%  Unlock4.1%
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 Owner-Occupied Housing Value
 Summit, NJCarmel Valley Village, CAUnited States
 Less Than $20,000  Unlock1.0%2.6%
 $20,000 to $39,9990.0%  Unlock2.4%
 $40,000 to $59,999  Unlock0.0%2.8%
 $60,000 to $79,9990.4%  Unlock3.9%
 $80,000 to $99,999  Unlock0.0%4.5%
 $100,000 to $149,9990.0%  Unlock11.3%
 $150,000 to $199,999  Unlock6.9%13.0%
 $200,000 to $299,9992.1%  Unlock20.1%
 $300,000 to $399,999  Unlock0.9%13.6%
 $400,000 to $499,9994.9%  Unlock8.3%
 $500,000 to $749,999  Unlock9.4%9.7%
 $750,000 to $999,99918.7%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock36.6%2.2%
 $1,500,000 to $1,999,99910.7%  Unlock0.8%
 $2,000,000 and over  Unlock4.7%1.1%
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 Housing Units By Year Built
 Summit, NJCarmel Valley Village, CAUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock5.5%13.6%
 2000 to 20092.9%  Unlock13.6%
 1990 to 1999  Unlock0.9%13.6%
 1980 to 19895.3%  Unlock13.2%
 1970 to 1979  Unlock31.3%14.8%
 1960 to 19692.4%  Unlock13.6%
 1950 to 1959  Unlock20.8%10.0%
 1940 to 194910.3%  Unlock4.7%
 1939 or Earlier  Unlock6.0%12.2%
Reviews for Summit    5 Reviews

Over 18 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 20 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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Reviews for Carmel Valley Village    2 Reviews

It was a great place to grow up in the 70s. However, it has become very expensive. Natural beauty abounds. Reasonable drives to get to Carmel or down the coast to Big  More

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A tresure, a precious gem, fresh, sweet smeeling air everytime I round the corner into the village, kind people, gorgeous scenes everywhere-trees, creeks, flowers,  More

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