Housing Prices in Summit, KY

How much do homes in Summit, KY cost?

Median List Price

$318,750

$238/sqft

Based on all homes listed in April 2024.

Difference Since Last Month

+$53,750(+20.3%)

Key Takeaway

The list price of homes in Summit has increased by 20.3% since March.

Summary: The median home list price in Summit was $318,750 in April 2024, up 20.3% from the previous month, and the median price per square foot was $238.

Median List Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $257.4K$265K
+2.9%
4 $372.5K$372.5K
0.0%
5+ --
N/A

Summary: Summit housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 2.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Summit
+20.3%
Eastview
0.0%
Custer
0.0%

Housing Supply in Summit, KY

How many homes are available in Summit, KY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
32-33.3%

Summary: The Summit real estate market had 2 homes for sale in April 2024, a 33.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 21
-50.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Summit housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Summit, KY

How long does it take to sell a home in Summit, KY?

Average Listing Age

Mar 2024Apr 2024CHANGE
36 Days62 Days+69.1%

Summary: Homes in Summit had an average listing age of 62 days in Apr 2024, up by 69.1% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 8 Days Ago

Newest Listings in Summit, KY

Nearby Markets to Summit, KY

What housing markets are near Summit, KY?