A typical Mount Summit home is worth about $176,000
Up 2.2% in a year, 32% below the Indiana typical home.
Only 2 sales in April 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
What kind of housing town is Mount Summit?
Read from the numbers below. The page puts what stands out first.
What it takes to buy in Mount Summit
Try your own numbers below.
That covers a typical Mount Summit home, with $128K to spare.
A two-bedroom rents for about $990 a month here, $20 more than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Mount Summit’s typical property tax (0.34% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
89% of Mount Summit households own their home
Half of Mount Summit’s homes were built before 2002.
Indiana: 71% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Up 35.3% in five years
Faster than Indiana (28.9%).
Show as a table
| January | Mount Summit | Indiana |
|---|---|---|
| 2017 | $87,000 | $135,000 |
| 2018 | $89,000 | $144,000 |
| 2019 | $95,000 | $154,000 |
| 2020 | $105,000 | $164,000 |
| 2021 | $118,000 | $183,000 |
| 2022 | $134,000 | $209,000 |
| 2023 | $148,000 | $227,000 |
| 2024 | $154,000 | $237,000 |
| 2025 | $165,000 | $249,000 |
| 2026 | $169,000 | $256,000 |
| August 2026 | $176,000 | $260,000 |
A typical Mount Summit home worth $84K in September 2016 is worth about $176K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
A two-bedroom rents for about $990
Renters already here pay a median of $875, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Henry County, IN): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Neighbors talk housing
What Mount Summit buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, April 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.