Summit Real Estate Overview


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  • Schools
  • Commute
  • Amenities
  • Affordability
  • Demographics
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Average Listing Price

  • $1,048,020
  • for week ending Sep 10
  • -$1,183
  • -0.1%
  • w-o-w

Median Sales Price

  • $820,000
  • Jun '14 - Sep '14
  • $56,500
  • -6.4%
  • y-o-y

Average Listing Price $1,048,020 -0.1% w-o-w
Median Sales Price $820,000 -6.4% y-o-y
Average Price/sqft $443 +29.9% y-o-y
Number of Sales 89 -27.0 % y-o-y

Most popular zip codes Avg. listing Price
Week ending Sep 10
w-o-w
07083 $291,817 -2.5%
07090 $947,822 +0.9%
07036 $247,509 -3.3%
07901 $1,048,020 -0.1%
07016 $479,385 -4.2%
Movers & Shakers Avg. listing price
Week ending Sep 10
w-o-w
07069 $1,014,881 +5.4%
07016 $479,385 -4.2%
07036 $247,509 -3.3%
07076 $631,134 +3.1%
07922 $628,286 +3.0%
View Union County Home Prices Map

Summary for Summit


Average price per square foot for Summit NJ was $443, an increase of 9.1% compared to the same period last year. The median sales price for homes in Summit NJ for Jun 14 to Sep 14 was $820,000 based on 89 home sales. Compared to the same period one year ago, the median home sales price decreased 6.4%, or $56,500, and the number of home sales decreased 27%. There are currently 86 resale and new homes in Summit on Trulia, including 16 open houses, as well as 32 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Summit NJ was $1,048,020 for the week ending Sep 10, which represents a decrease of 0.1%, or $1,183, compared to the prior week.


District Type Grades Schools Students
Summit Public Schools Public PK - 12 9 3,953
School Name School Type Grades Parent Rating
Jefferson Elementary School Public 1 - 5
Franklin Elementary School Public 1 - 5
Bilingual Buds Private
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Stats & Trends
Homes for Sale in Summit
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