Summit, MS Home Values & Market Trends
Real estate market trends reflect that there have been 74 transactions over the past year in Summit. The median value for residential home transactions that occurred over the previous year is $90,752.54. The number of current listings in Summit is 15, and the percentage of properties for sale in the city is 15.00%. Summit, MS currently has 3 properties in foreclosure, 1 bank owned properties, 2 properties headed for auction, and 15 properties for sale.
Summit, MS Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 39666 | $ 127,023 $ 63/sqft |
Housing Market Summary for Summit, MS
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $279.9K | $92,153.5 | -67.08% |
| Median Sold Price | $265.8K | $92,153.5 | -65.33% |
| Homes For Sale | 21 | 15 | -28.57% |
| Homes Sold | 1 | 35 | 3400.00% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Summit, MS
Browse Homes in Summit, MS
Summit home values range from $25,638 to $3,108,084. The median estimated value of a home in Summit is $90,752.54. The median list price of a home is 173,500, and the total count of properties in the city is 6,509.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Summit, MS with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Summit, MS; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Summit, MS ranges from the highest value of $56,098 in 39666 to the lowest value of $56,098 in 39666. Bank owned homes and properties account for 0.02% of properties in Summit, MS. There is 1 zips within Summit, MS; 39666 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions39666 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Summit, MS. Auction homes and other auction properties account for 0.03% of all properties in Summit, MS. There is 1 zips within Summit, MS; of that zips, the median estimated home value for homes going to auction ranges from $138,961 in 39666 to the lowest value of $114,748 in 39666.
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