Summit, SC housing market
The typical Summit home is worth about $229,000, up 4.9% in a year, 25% below the South Carolina typical home.
Home values, sales, trends and how Summit compares with the towns next door — updated as new data is published.
Summit at a glance
Typical home value, 2016–2026
Show as a table
| January | Summit | South Carolina |
|---|---|---|
| 2017 | $133,000 | $171,000 |
| 2018 | $138,000 | $180,000 |
| 2019 | $143,000 | $190,000 |
| 2020 | $151,000 | $201,000 |
| 2021 | $173,000 | $222,000 |
| 2022 | $189,000 | $260,000 |
| 2023 | $209,000 | $291,000 |
| 2024 | $205,000 | $301,000 |
| 2025 | $223,000 | $306,000 |
| 2026 | $212,000 | $305,000 |
| August 2026 | $229,000 | $306,000 |
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 $1,170
HUD's Fair Market Rent for a two-bedroom in Summit is $1,170 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Summit pay a median of $930, so moving in tends to cost more than staying put.
Studio $960 · 4 bedrooms $1,800
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (29070; Columbia, SC 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. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.