Summitville, IN housing market
The typical Summitville home is worth about $195,000, up 5.2% in a year, 25% below the Indiana typical home.
Home values, sales, trends and how Summitville compares with the towns next door — updated as new data is published.
Summitville at a glance
Typical home value, 2016–2026
Show as a table
| January | Summitville | Indiana |
|---|---|---|
| 2017 | $89,000 | $135,000 |
| 2018 | $97,000 | $144,000 |
| 2019 | $103,000 | $154,000 |
| 2020 | $113,000 | $164,000 |
| 2021 | $132,000 | $183,000 |
| 2022 | $151,000 | $209,000 |
| 2023 | $157,000 | $227,000 |
| 2024 | $167,000 | $237,000 |
| 2025 | $182,000 | $249,000 |
| 2026 | $186,000 | $256,000 |
| August 2026 | $195,000 | $260,000 |
No new homes permitted in 2025
No permits for new homes were issued in Summitville in 2025. The last year with any was 2014 (1 new home).
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Summitville gained 22 residents while 2 new homes were permitted: about 11 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Indiana: 1.7 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 1 | 1 | 0 | $175,000 |
| 2013 | 1 | 1 | 0 | $173,000 |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 2 | 2 | 0 | $72,000 |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 1 | 1 | 0 | $90,000 |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 1 | 1 | 0 | $85,000 |
| 2002 | 1 | 1 | 0 | $80,000 |
| 2001 | 4 | 4 | 0 | $200,000 |
| 2000 | 6 | 6 | 0 | $827,000 |
Summitville's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
3.7 years of income
The typical Summitville home costs about 3.7 years of the town's median household income, about the same as across Indiana (3.6).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,120
HUD's Fair Market Rent for a two-bedroom in Summitville is $1,120 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Summitville pay a median of $760, so moving in tends to cost more than staying put. A two-bedroom takes about 25% of the town's median household income.
Studio $830 · 4 bedrooms $1,490
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (46070; Anderson, IN HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.