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Summit, WI
Full City Profile · Wisconsin · Waukesha County County
3.8
/5.0
B+
Good
4,997
Population
242/sq mi density
$124,750
Median Income
$64,080 per capita
$510,200
Home Value
$715,256 Zillow
$1,734
Median Rent
18.9% income on rent
47°F
Avg Temperature
260 sunny days/yr
263
Violent Crime/100K
647 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$124,750 median income, 0.0% unemployment
A
Affordability
4.4 / 5.0
$510,200 home value, $1,734/mo rent
F
Safety
1.0 / 5.0
263 violent crimes/100K
A+
Education
5.0 / 5.0
55.3% bachelor's degree or higher
Housing Overview
Median Home Value
$510,200
81% above
US avg: $281,900
Median Rent
$1,734/mo
49% above
US avg: $1,163/mo
Homeownership Rate
90.8%
39% above US avg (65.4%)
Total Housing Units
2,260
Median year built: 1983
Home Value by Source
Census Median
$510,200
Zillow (ZHVI)
$715,256
Median Sale Price
$1,025,000
Median List Price
$724,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
90.8%
Owner-Occupied
9.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$797/mo
1 Bedroom
$872/mo
2 Bedroom
$1,097/mo
3 Bedroom
$1,405/mo
4 Bedroom
$1,572/mo
Census median rent:
$1,734/mo
Market Indicators (Redfin)
Median Days on Market
53 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$160
Active Inventory
5
homes for sale
Affordability & Housing Stock
Rent Burden
18.9%
of renters spending 30%+ of income on housing
39% below US avg (31.0%)
Median Year Built
1983
Average age of housing stock: 43 years
Homeownership Rate
90.8%
Complete Housing Data
Home Values
| Census Median Value | $510,200 |
| Zillow Home Value (ZHVI) | $715,256 |
| Median Sale Price | $1,025,000 |
| Median List Price | $724,900 |
| Price Per Sq Ft | $160 |
Rent
| Census Median Rent | $1,734 |
| FMR Studio | $797 |
| FMR 1-Bedroom | $872 |
| FMR 2-Bedroom | $1,097 |
| FMR 3-Bedroom | $1,405 |
| FMR 4-Bedroom | $1,572 |
Market
| Days on Market | 53 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Active Inventory | 5 |
| Price Per Sq Ft | $160 |
Ownership & Stock
| Owner-Occupied | 90.8% |
| Renter-Occupied | 9.2% |
| Homeownership Rate | 90.8% |
| Total Housing Units | 2,260 |
| Median Year Built | 1983 |
| Rent Burden | 18.9% |