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Median Home Price in Summit, NJ

The median home value in Summit, NJ is $1,432,492 as of 2026-06-30, up 11.29% from a year earlier.

Median Home Value

$1,432,492

Year-over-Year

+11.29%

Population

22,731

Summit ranks #5 of 184 New Jersey cities tracked here by median home value, and sits 133.1% above the state's city median of $614,590. It sits in Union County, where the county-wide median is $641,174.

Crime in Summit

Summit police recorded a violent crime rate of 57 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 730 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Summit

How much does a house cost in Summit, NJ?

The median home value in Summit is $1,432,492. That's up 11.29% from a year earlier. That is about 133.1% above the typical county in New Jersey.

Is Summit expensive compared to the surrounding area?

Homes in Summit are more expensive than Union County as a whole, where the median is $641,174 — a difference of about 123.4%.

Is Summit a safe place to live?

Summit police reported 57 violent crimes per 100,000 residents, covering a population of about 22,731. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.