Housing in Summit, MS

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$38,480

Median List Price

N/A

Price Per Sq Ft

$30

Days on Market

17

Active Inventory

7

Months of Supply

7.0

Buyer's market

Zillow Home Value

$133,327

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 63.5%List Price 80.3%Apr 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
57.1%

Market Activity

Source: Redfin

Homes Sold

1

Pending Sales

2

Homes Sold 0.0%New Listings 50.0%Pending 100.0%Apr 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$30

Sale $/SF 28.6%List $/SF 68.4%Apr 24Jan 26

Summit vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Summit is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$101,700

Median Rent

$936

Total Housing Units

987

Vacancy Rate

15.0%

Owner Occupied

53.9%

Renter Occupied

46.1%

Median Property Tax

$769

per year

Monthly Cost (w/ Mortgage)

$570

Housing Types

Single Family
67.6%
Multi-Family
18.0%
Mobile Home
14.4%

The current median sale price in Summit, MS is $38,480 according to Redfin data. Homes spend a median of 17 days on the market. 0.0% of homes sold above asking price. The market has 7.0 months of supply. The median price per square foot is $30. The median rent is $936 per month (Census ACS). About 53.9% of housing units are owner-occupied. The median year homes were built is 1981. There are 987 total housing units.