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Featured local agent — Summit, OK

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Summit, OK

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Summit, OK(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Summit, OK Housing Market & Real Estate

Balanced market

Housing market overview · Updated monthly ·

$229,500median sale price

How is the Summit, OK housing market right now?

The median home sale price in Summit, OK is $229,500. Homes sell in an average of 180 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of February 2022 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Summit a buyer's or seller's market?

Balanced market180 avg. days on market

Summit, OK is currently a balanced market and homes selling in about 180 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

180

Average pace

Active listings

Sale-to-list

102.0%

Above asking

What does the Summit housing market data show?

Current housing market statistics for Summit, OK
MetricValue
Median sale price$229,500
Average days on market180 days
Sale-to-list price ratio102.0%
Median price per sq ft$111/sq ft
Homes sold (latest month)1
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Summit by property type?

How the Summit, OK market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Summit, OK
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$229,500$111/sq ft1180 days

Source: Redfin · Updated monthly

The Summit housing market is currently classified as a balanced market with a median sale price of $229,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 180 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in Summit

Explore homes currently listed for sale in Summit, Oklahoma across major real estate platforms.

Sale-to-list:102.0%

Who lives in Summit?

Population

107

Median age

40.7 years

Owner-occupied

87.8%

College grads

4.2%

Avg commute

73 min

Source: U.S. Census Bureau ACS

What is it like to live in Summit?

Summit is a community of approximately 0K residents with a median age of 40.7 years. 4.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 87.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 73 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Summit offers a distinctive character that appeals to different lifestyle preferences.

Which cities are near Summit, OK?

Want a head-to-head view? Compare Summit side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Summit?

The median home sale price in Summit is $229,500, down 0.0% from last year.

How long do homes stay on market in Summit?

Homes typically spend 180 days on market before going under contract.

How much does a single-family home cost in Summit?

The median single-family home price in Summit, OK is $229,500 (about $111 per square foot).

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