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Summit, OR

Full City Profile · Oregon · Benton County County

2.8 /5.0
C+ Fair
212 Population 663/sq mi density
$120,781 Median Income $29,270 per capita
$444,100 Home Value $511,900 Zillow
46°F Avg Temperature 251 sunny days/yr
22 Violent Crime/100K 1,619 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$120,781 median income, 7.9% unemployment
A+
Affordability
4.6 / 5.0
$444,100 home value, /mo rent
F
Safety
1.0 / 5.0
22 violent crimes/100K
D
Education
1.7 / 5.0
8.3% bachelor's degree or higher

Housing Overview

Median Home Value
$444,100
58% above
US avg: $281,900
Homeownership Rate
77.8%
19% above US avg (65.4%)
Total Housing Units
42
Median year built: 1972

Home Value by Source

Census Median
$444,100
Zillow (ZHVI)
$511,900
Median Sale Price
$775,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

77.8%
Owner-Occupied
22.2%
Renter-Occupied
78%
22%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,051/mo
1 Bedroom
$1,143/mo
2 Bedroom
$1,425/mo
3 Bedroom
$1,963/mo
4 Bedroom
$2,318/mo

Market Indicators (Redfin)

Median Days on Market
168 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$306

Affordability & Housing Stock

Rent Burden
37.8%
of renters spending 30%+ of income on housing
22% above US avg (31.0%)
Median Year Built
1972
Average age of housing stock: 54 years
Homeownership Rate
77.8%

Complete Housing Data

Home Values

Census Median Value$444,100
Zillow Home Value (ZHVI)$511,900
Median Sale Price$775,000
Price Per Sq Ft$306

Rent

FMR Studio$1,051
FMR 1-Bedroom$1,143
FMR 2-Bedroom$1,425
FMR 3-Bedroom$1,963
FMR 4-Bedroom$2,318

Market

Days on Market168
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Price Per Sq Ft$306

Ownership & Stock

Owner-Occupied77.8%
Renter-Occupied22.2%
Homeownership Rate77.8%
Total Housing Units42
Median Year Built1972
Rent Burden37.8%