Summit Market Trends

Union County

A polished downtown, express trains, and top schools — Summit is the Union County anchor for the Midtown Direct crowd.

🚆 M&E Line (Midtown Direct) · about 44 min to Midtown

Source: GSMLS market feed (sample)Data as of Jul 18, 2026

Median sale price
$1,180,000 3.8% YoY
+0.1% month-over-month
Days on market
22
Median, active + closed
List-to-sale ratio
102%
Selling over ask
Months of inventory
1.8
Seller's market
New listings (30d)
27
Pending
21
Closed (30d)
19

Median sale price · 24 months

$1017k$1058k$1099k$1139k$1180k08/2412/2404/2508/2512/2504/2607/26

Days on market · 24 months

21d22d23d24d25d08/2412/2404/2508/2512/2504/2607/26

What this means, in plain language

Summit is currently a firm seller's market. Homes are moving at a steady pace, with well-priced listings generally selling right around asking. Prices are up 3.8% versus a year ago. If you're a buyer, come prepared to move decisively on the right home; if you're weighing a sale, current demand and low inventory work in your favor.

Auto-drafted from the data above and reviewed by our team before publishing.

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Life in Summit

Reeves-Reed Arboretum

Thirteen acres of gardens and woodland trails minutes from downtown — a quiet favorite for morning walks.