Summit, WA is a beautiful place to call home, with a median housing value of $504,800. This is significantly higher than the national median value of $338,100. The appreciation of housing in Summit is also strong with an increase of 6.13% over the past year compared to the US 1-year house appreciation rate of 8.27%. It's clear that many people are choosing to make their homes in Summit and investing into the real estate market there.
The median home cost in Summit is $504,800. Home appreciation the last 10 years has been 158.2%. Home Appreciation in Summit is up 13.2%.
Average Age of Homes
- The median age of Summit real estate is 42 years old
The Rental Market in Summit
- Renters make up 17.0% of the Summit population
- 0.0% of houses and apartments in Summit, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.