Mount Summit, IN

Full City Profile · Indiana · Delaware County County

2.5 /5.0
C+ Fair
742 Population 3,533/sq mi density
$211,000 Home Value $176,358 Zillow
$906 Median Rent 25.0% income on rent
50°F Avg Temperature
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Education
2.5 / 5.0
18.5% bachelor's degree or higher

Housing Overview

Median Home Value
$211,000
25% below
US avg: $281,900
Median Rent
$906/mo
22% below
US avg: $1,163/mo
Homeownership Rate
89.1%
36% above US avg (65.4%)
Total Housing Units
168
Median year built: 1945

Home Value by Source

Census Median
$211,000
Zillow (ZHVI)
$176,358
Redfin Median Sale
$199,900
Median Sale Price
$199,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

89.1%
Owner-Occupied
10.9%
Renter-Occupied
89%
11%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent: $906/mo

Market Indicators (Redfin)

Median Sale Price
$199,900
Median Days on Market
53 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
100.0%
of listings with price reduction
Price Per Sq Ft
$112
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
25.0%
of renters spending 30%+ of income on housing
19% below US avg (31.0%)
Median Year Built
1945
Average age of housing stock: 81 years
Homeownership Rate
89.1%

Complete Housing Data

Home Values

Census Median Value$211,000
Zillow Home Value (ZHVI)$176,358
Redfin Median Sale$199,900
Median Sale Price$199,900
Price Per Sq Ft$112

Rent

Census Median Rent$906
FMR Studio$816
FMR 1-Bedroom$882
FMR 2-Bedroom$1,096
FMR 3-Bedroom$1,391
FMR 4-Bedroom$1,590

Market

Days on Market53
Sale-to-List Ratio1.0%
Price Drops100.0%
Homes Sold2
Active Inventory1
Price Per Sq Ft$112

Ownership & Stock

Owner-Occupied89.1%
Renter-Occupied10.9%
Homeownership Rate89.1%
Total Housing Units168
Median Year Built1945
Rent Burden25.0%