Summit, NE housing market
Home prices around Summit have risen about 62% over the past 5 years.
Home values, sales, trends and how Summit compares with the towns next door — updated as new data is published.
Home prices up 62% in 5 years
The federal house price index for the ZIP codes around Summit rose 62% over the past 5 years, faster than across Nebraska (49%). Last year prices rose 4.4%.
Show as a table
| Year | Change that year | Since 2001 | Nebraska since 2001 |
|---|---|---|---|
| 2025 | +4.4% | +149% | +138% |
| 2024 | +31% | +139% | +131% |
| 2023 | −9.7% | +82% | +120% |
| 2022 | +11% | +102% | +103% |
| 2021 | +18% | +82% | +77% |
| 2020 | +3.8% | +54% | +60% |
| 2019 | +5.9% | +49% | +56% |
| 2018 | +5.1% | +40% | +48% |
| 2017 | +11% | +33% | +41% |
| 2016 | +3.3% | +20% | +33% |
| 2015 | −1.3% | +17% | +27% |
| 2014 | +7.1% | +18% | +23% |
| 2013 | +5% | +10% | +18% |
| 2012 | −6.1% | +5% | +15% |
| 2011 | −1.7% | +12% | +15% |
| 2010 | −1.4% | +14% | +15% |
| 2009 | −0.4% | +15% | +16% |
| 2008 | +1.6% | +16% | +17% |
| 2007 | +1.7% | +14% | +18% |
| 2006 | +3.2% | +12% | +16% |
| 2005 | +2.6% | +8.6% | +14% |
| 2004 | +1.2% | +5.8% | +9.1% |
| 2003 | +4.7% | +4.5% | +4.5% |
| 2002 | −0.2% | −0.2% | +2.6% |
| 2001 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 68061, 68029, 68019, covering 68% of Summit’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Summit and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Summit | — | +4.4%† | $1,030 | — | $103,571 |
| Tekamah | $210K | +5.7% | $970 | 6 | $57,074 |
| Silver Creek | — | +4.4%† | $1,040 | — | — |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,030
HUD's Fair Market Rent for a two-bedroom in Summit is $1,030 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $730 · 4 bedrooms $1,500
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (68019, 68029, 68061; Burt County, NE), 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. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.