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Market snapshot
Summit, NJ
$1,200,000median home price
Data as of March 31, 2026 · 8 sales this period · Source: Redfin
Year over year
-13.7%
Month over month
0.0%
Days on market
13
Active inventory
16
By property type
How prices differ across single-family, condo, townhouse, and multi-family in Summit.
| Type | Median | YoY | MoM | DOM | Inventory | $ / sqft |
|---|---|---|---|---|---|---|
| All residential | $1,200,000 | -13.7% | 0.0% | 13d | 16 | $661 |
| Single-family homes | $1,200,000 | -13.7% | -4.6% | 13d | 11 | $661 |
| Condos / Co-ops | $1,450,000 | - | - | 45d | 1 | $843 |
| Townhouses | $535,000 | - | - | 318d | 2 | $237 |
| Multi-family (2-4 units) | $1,200,000 | +94.2% | - | 13d | 1 | $498 |
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