Summit County, UT Housing

Summit, UT County is an affluent area with a median housing value of $1,103,900. This is significantly higher than the US median housing value of $338,100. The US experienced a 1 year house appreciation rate of 8.27%, while Summit, UT County experienced an even higher rate at 8.44%. It is clear that Summit County has seen steady and healthy growth in its housing market over the past year.

The median home cost in Summit County is $1,103,900. Home appreciation the last 10 years has been 157.2%. Home Appreciation in Summit County is up 16.3%.

Average Age of Homes

- The median age of Summit County real estate is 25 years old

The Rental Market in Summit County

- Renters make up 11.8% of the Summit County population
- 6.2% of houses and apartments in Summit County, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Summit, Utah	United States
	25,827.0	139,647,020.0
	28	42
	$1,103,900	$338,100
	16.3%	16.6%
	83.0%	57.0%
	157.2%	101.1%
	$3.84	$10.98
	$2,823	$2,690
	41.5%	57.4%
	47.8%	11.2%
	10.7%	31.4%
Vacant Housing
	6.2%	1.9%
	0.2%	0.4%
	0.9%	0.7%
	0.2%	0.4%
	39.2%	3.6%
	1.1%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	0.4%	2.4%
	0.0%	2.8%
	0.1%	3.9%
	0.4%	4.5%
	1.5%	11.3%
	1.6%	13.0%
	7.7%	20.1%
	10.3%	13.6%
	7.4%	8.3%
	21.4%	9.7%
	17.3%	3.9%
	12.2%	2.2%
	7.4%	0.8%
	11.9%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	25.5%	13.6%
	25.5%	13.6%
	23.6%	13.6%
	19.1%	13.2%
	15.0%	14.8%
	23.6%	13.6%
	1.7%	10.0%
	1.0%	4.7%
	3.1%	12.2%

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