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Featured local agent — Summit, UT
Sarah Mitchell
Compass Real Estate · Summit, UT
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Summit, UT Housing Market & Real Estate
Housing market overview · Updated monthly ·
$355,000median sale price
How is the Summit, UT housing market right now?
The median home sale price in Summit, UT is $355,000. Homes sell in an average of 59 days with 1 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of October 2025 — 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?
Summit, UT is currently a seller's market, based on 1.0 months of supply and homes selling in about 59 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
59
Average pace
Active listings
1
1.0 months supply
Sale-to-list
—
Below asking
What does the Summit housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $355,000 |
| Average days on market | 59 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Median price per sq ft | $206/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Summit by property type?
How the Summit, UT market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $355,000 | $206/sq ft | 1 | 59 days |
Source: Redfin · Updated monthly
The Summit housing market is currently classified as a seller's market with a median sale price of $355,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 59 days on market, indicating 1.0 months of inventory.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
There are currently 1 homes listed for sale in Summit, Utah.
Active listings
1
Homes on market
Avg. days on market
59
Days until sale
Who lives in Summit?
Population
208
Median income
$100,592/yr
Median age
50.5 years
Owner-occupied
55.8%
College grads
22.0%
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 50.5 years.The median household income is $100,592, which reflects a relatively affluent area with strong earning potential. 22.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 55.8%, showing a blend of owner and renter-occupied properties.Overall, Summit offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Summit, UT?
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 $355,000, down 0.0% from last year.
How long do homes stay on market in Summit?
Homes typically spend 59 days on market before going under contract.
What is the median income in Summit?
The median household income is $100,592 per year.
Is Summit a buyer's or seller's market?
With 1.0 months of supply, Summit is currently a seller's market.
How much does a single-family home cost in Summit?
The median single-family home price in Summit, UT is $355,000 (about $206 per square foot).
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