Homes in Summit
Home prices around Summit have risen about 44% over the past 5 years. No new homes were permitted in 2025.
Home prices up 44% in 5 years
The federal house price index for the ZIP codes around Summit rose 44% over the past 5 years, slower than across Pennsylvania (48%). Prices were about flat last year.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Summit, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A two-bedroom rents for about $990
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Potter County, PA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
No new homes permitted in 2025
No permits for new homes were issued in Summit in 2025. The last year with any was 2023 (1 new home).
Every year 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 | 1 | 1 | 0 | $275,000 |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 1 | 1 | 0 | $190,000 |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 1 | 1 | 0 | $100,000 |
| 2015 | 1 | 1 | 0 | $348,000 |
| 2014 | 1 | 1 | 0 | $40,000 |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 1 | 1 | 0 | $95,000 |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 1 | 1 | 0 | $50,000 |
| 2007 | 2 | 2 | 0 | $362,000 |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 2 | 2 | 0 | $210,000 |
| 2003 | 1 | 1 | 0 | $25,000 |
| 2002 | 5 | 5 | 0 | $200,000 |
| 2001 | 8 | 8 | 0 | $971,000 |
| 2000 | 7 | 7 | 0 | $826,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Summit vs. its neighbors
The towns that share a border with Summit. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Summit | — | −0.1%† | $990 | 0 | $48,750 |
| Wharton | — | — | $970 | 0 | $53,750 |
| Homer | — | −0.1%† | $1,010 | 0 | $74,471 |
| Sweden | $225K* | −0.1%† | $1,010 | 1 | $61,000 |
| Sylvania | — | — | $970 | 0 | $60,000 |
| West Branch | — | — | $1,060 | 0 | $63,438 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
On the market in Summit
Listed in the past 60 days. Each opens on the listing site.
Neighbors talk housing
What Summit buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
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. New homes: U.S. Census Bureau, Building Permits 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. The calculator is an estimate, not a loan offer.