Home prices
The median home in Summit is valued at $68,100. In comparison to other places in this area this is about $8,320 (13%) higher.Compared to the nation as a whole it is roughly $149,400 (68%) lower, and it is about $112,900 (62%) lower in comparison to the city of Brookings.
Rents
The median rent in Summit is $555 a month. Compared to its nearby areas it is roughly $54 (10%) higher.In comparison to the entire nation it is roughly $507 (47%) lower, and is approximately $198 (26%) lower compared to the city of Brookings.
Nearby places
Wilmot
Wilmot is roughly 9 miles northeast from Summit. Its real estate prices are fairly similar. Wilmot's median home cost is $69,600, which comes out to $1,500 (2%) higher than Summit. Rent there is a little more expensive. The median monthly rent in Wilmot is $604, which comes out to $49 (8%) higher than Summit.
Waubay
Waubay is roughly 11 miles west of Summit. Its real estate prices are a little more expensive. The cost of the median home in Waubay is $71,800, which works out to $3,700 (5%) higher than Summit. The rent there is somewhat less expensive. In Waubay the median monthly rent is $447, which comes out to $108 (24%) lower than Summit.
South Shore
South Shore is about 13 miles south from Summit. Housing prices there are significantly less expensive. The median home in South Shore costs $48,200, which comes out to $19,900 (41%) lower than Summit. The rent there is a bit less expensive. The median rent in South Shore is $435 per month, which is $120 (27%) lower than Summit.
Peever
Peever is roughly 15 miles north from Summit. Its real estate prices are substantially less expensive. Peever's median home value is $41,000, which works out to $27,100 (66%) lower than Summit. Its rents are a bit less expensive. The median monthly rent in Peever is $500, which is $55 (11%) lower than Summit.
Stockholm
Stockholm is about 16 miles southeast from Summit. Housing prices there are fairly similar. Stockholm's median home price is $68,300, which is very similar to Summit. Rents there are a little less expensive. In Stockholm the median monthly rent is $519, which works out to $36 (6%) lower than Summit.
