Housing in Summit, WA

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$600,000

Median List Price

$519,500

Price Per Sq Ft

$344

Days on Market

28

Active Inventory

17

Months of Supply

3.4

Seller's market

Zillow Home Value

$572,679

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 16.1%List Price 1.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

50.0%

Sale-to-List Ratio

98.1%

Buyer's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
50.0%
Listings with Price Drops
11.8%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

8

Pending Sales

4

Homes Sold 66.7%New Listings 14.3%Pending 55.6%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$344

Median List $/SF

$310

Sale $/SF 5.0%List $/SF 15.8%Mar 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

$480,000

Median Rent

$1,460

Total Housing Units

3,630

Vacancy Rate

5.3%

Owner Occupied

78.9%

Renter Occupied

21.1%

Median Property Tax

$4,831

per year

Monthly Cost (w/ Mortgage)

$1,608

Housing Types

Single Family
78.6%
Multi-Family
10.6%
Mobile Home
10.8%

The current median sale price in Summit, WA is $600,000 according to Redfin data. Homes spend a median of 28 days on the market. 0.0% of homes sold above asking price. The market has 3.4 months of supply. The median price per square foot is $344. The median rent is $1,460 per month (Census ACS). About 78.9% of housing units are owner-occupied. The median year homes were built is 1978. There are 3,630 total housing units.