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Summit Park, UT
Full City Profile · Utah · Salt Lake County County
3.6
/5.0
B+
Good
8,545
Population
632/sq mi density
$179,516
Median Income
$81,899 per capita
$1,068,300
Home Value
$1,565,742 Zillow
$2,348
Median Rent
26.8% income on rent
50°F
Avg Temperature
308 sunny days/yr
122
Violent Crime/100K
2,204 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$179,516 median income, 3.0% unemployment
B
Affordability
3.3 / 5.0
$1,068,300 home value, $2,348/mo rent
F
Safety
1.0 / 5.0
122 violent crimes/100K
A+
Education
5.0 / 5.0
72.1% bachelor's degree or higher
Housing Overview
Median Home Value
$1,068,300
279% above
US avg: $281,900
Median Rent
$2,348/mo
102% above
US avg: $1,163/mo
Homeownership Rate
83.1%
27% above US avg (65.4%)
Total Housing Units
3,163
Median year built: 1995
Home Value by Source
Census Median
$1,068,300
Zillow (ZHVI)
$1,565,742
Median Sale Price
$1,250,000
Median List Price
$1,599,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
83.1%
Owner-Occupied
16.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$981/mo
1 Bedroom
$1,082/mo
2 Bedroom
$1,313/mo
3 Bedroom
$1,746/mo
4 Bedroom
$2,105/mo
Census median rent:
$2,348/mo
Market Indicators (Redfin)
Median Days on Market
125 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
9
Price Drops
17.0%
of listings with price reduction
Price Per Sq Ft
$495
Active Inventory
47
homes for sale
Affordability & Housing Stock
Rent Burden
26.8%
of renters spending 30%+ of income on housing
14% below US avg (31.0%)
Median Year Built
1995
Average age of housing stock: 31 years
Homeownership Rate
83.1%
Complete Housing Data
Home Values
| Census Median Value | $1,068,300 |
| Zillow Home Value (ZHVI) | $1,565,742 |
| Median Sale Price | $1,250,000 |
| Median List Price | $1,599,000 |
| Price Per Sq Ft | $495 |
Rent
| Census Median Rent | $2,348 |
| FMR Studio | $981 |
| FMR 1-Bedroom | $1,082 |
| FMR 2-Bedroom | $1,313 |
| FMR 3-Bedroom | $1,746 |
| FMR 4-Bedroom | $2,105 |
Market
| Days on Market | 125 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 17.0% |
| Homes Sold | 9 |
| Active Inventory | 47 |
| Price Per Sq Ft | $495 |
Ownership & Stock
| Owner-Occupied | 83.1% |
| Renter-Occupied | 16.9% |
| Homeownership Rate | 83.1% |
| Total Housing Units | 3,163 |
| Median Year Built | 1995 |
| Rent Burden | 26.8% |