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Home prices, listings & rents by city and ZIP code.

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Median sale price
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Summit, NJ: housing market trends

The median home sale price in Summit, NJ was $1,703,189 for the three-month period ending September 2026. Sale prices were 13.5% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$1,703,189
three-month period ending September 2026
Median sale price per sq ft
$705.55
three-month period ending September 2026
Active listings
73
three-month period ending September 2026
Typical monthly rent
$3,047
Rent index · August 2026

How is housing inventory changing?

There were 73 active listings for the three-month period ending September 2026. Active listings were 22.3% lower than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 14 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for Summit, NJ
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$1,703,189$705.5556
Single-familySeptember 2026$1,811,426$715.0552
TownhousesSeptember 2026UnavailableUnavailableUnavailable
Condos / co-opsSeptember 2026$389,960Unavailable1 · small sample
Multifamily (2–4 units)September 2026$1,225,000$551.593 · small sample

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for Summit, NJ
MarketMedian sale priceReporting period / source
Chatham, NJ$1,574,5593 months ending September 2026 · Redfin
Mountainside, NJ$1,032,0083 months ending September 2026 · Redfin
New Providence, NJ$999,4243 months ending September 2026 · Redfin
Short Hills, NJ$2,497,5613 months ending September 2026 · Redfin
Springfield, NJUnavailableMonth ending unavailable date · Zillow
Millburn, NJUnavailableMonth ending unavailable date · Zillow

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for Summit, NJ
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$1,703,189$705.5573
August 2026$1,655,000$715.2667
July 2026$1,672,500$725.1178
June 2026$1,706,500$738.3684
May 2026$1,580,000$697.4279
April 2026$1,300,000$682.7972
March 2026$1,427,500$696.9451
February 2026$1,645,278$695.5541
January 2026$1,707,778$712.9552
December 2025$1,506,500$698.9256
November 2025$1,501,500$723.6179
October 2025$1,510,000$711.3983
September 2025$1,500,000$719.4094
August 2025$1,525,000$693.5496
July 2025$1,352,500$672.38112
June 2025$1,413,250$668.75121
May 2025$1,375,750$672.38125
April 2025$1,400,000$643.12105
March 2025$1,412,000$598.8074
February 2025$1,549,000$616.3258
January 2025$1,472,500$641.5659
December 2024$1,175,750$670.0562
November 2024$1,125,000$636.5763
October 2024$1,293,750$614.5164

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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