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Summit, NJ real estate

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Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for July 2026. *


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Summit real estate Market Report.

Information and statistics on the latest trends in the Summit real estate market. *

Latest Rolling 3-Month Snapshot

Apr 1, 2026 - Jun 30, 2026

Median sale price
$1.7M
+29% from Q1 '26
Median list price
$1.5M
+6.2% from Q1 '26
Active listings
85
+67% from Q1 '26
Homes sold
55
+162% from Q1 '26
New pendings
64
+100% from Q1 '26
New listings
70
+63% from Q1 '26

Quarterly Pricing Trends for Summit

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Summit Q3 '21 Q3 '22 Q3 '23 Q3 '24 Q3 '25 Q2 '26 Median sale price in Jul 2021 - Sep 2021: $1000K Median sale price in Oct 2021 - Dec 2021: $921K Median sale price in Jan 2022 - Mar 2022: $899K Median sale price in Apr 2022 - Jun 2022: $1.3M Median sale price in Jul 2022 - Sep 2022: $1.2M Median sale price in Oct 2022 - Dec 2022: $891K Median sale price in Jan 2023 - Mar 2023: $940K Median sale price in Apr 2023 - Jun 2023: $1.4M Median sale price in Jul 2023 - Sep 2023: $1.2M Median sale price in Oct 2023 - Dec 2023: $1.1M Median sale price in Jan 2024 - Mar 2024: $1.3M Median sale price in Apr 2024 - Jun 2024: $1.4M Median sale price in Jul 2024 - Sep 2024: $1.3M Median sale price in Oct 2024 - Dec 2024: $1.2M Median sale price in Jan 2025 - Mar 2025: $1.4M Median sale price in Apr 2025 - Jun 2025: $1.4M Median sale price in Jul 2025 - Sep 2025: $1.5M Median sale price in Oct 2025 - Dec 2025: $1.5M Median sale price in Jan 2026 - Mar 2026: $1.3M Median sale price in Apr 2026 - Jun 2026: $1.7M Median list price in Jul 2021 - Sep 2021: $850K Median list price in Oct 2021 - Dec 2021: $835K Median list price in Jan 2022 - Mar 2022: $1.2M Median list price in Apr 2022 - Jun 2022: $1.2M Median list price in Jul 2022 - Sep 2022: $890K Median list price in Oct 2022 - Dec 2022: $749K Median list price in Jan 2023 - Mar 2023: $1.3M Median list price in Apr 2023 - Jun 2023: $1.2M Median list price in Jul 2023 - Sep 2023: $863K Median list price in Oct 2023 - Dec 2023: $1.3M Median list price in Jan 2024 - Mar 2024: $1.2M Median list price in Apr 2024 - Jun 2024: $1.2M Median list price in Jul 2024 - Sep 2024: $1M Median list price in Oct 2024 - Dec 2024: $1.1M Median list price in Jan 2025 - Mar 2025: $1.2M Median list price in Apr 2025 - Jun 2025: $1.4M Median list price in Jul 2025 - Sep 2025: $1.4M Median list price in Oct 2025 - Dec 2025: $1.3M Median list price in Jan 2026 - Mar 2026: $1.4M Median list price in Apr 2026 - Jun 2026: $1.5M Jul 2021 - Sep 2021 Median sale price $1000K Median list price $850K Oct 2021 - Dec 2021 Median sale price $921K Median list price $835K Jan 2022 - Mar 2022 Median sale price $899K Median list price $1.2M Apr 2022 - Jun 2022 Median sale price $1.3M Median list price $1.2M Jul 2022 - Sep 2022 Median sale price $1.2M Median list price $890K Oct 2022 - Dec 2022 Median sale price $891K Median list price $749K Jan 2023 - Mar 2023 Median sale price $940K Median list price $1.3M Apr 2023 - Jun 2023 Median sale price $1.4M Median list price $1.2M Jul 2023 - Sep 2023 Median sale price $1.2M Median list price $863K Oct 2023 - Dec 2023 Median sale price $1.1M Median list price $1.3M Jan 2024 - Mar 2024 Median sale price $1.3M Median list price $1.2M Apr 2024 - Jun 2024 Median sale price $1.4M Median list price $1.2M Jul 2024 - Sep 2024 Median sale price $1.3M Median list price $1M Oct 2024 - Dec 2024 Median sale price $1.2M Median list price $1.1M Jan 2025 - Mar 2025 Median sale price $1.4M Median list price $1.2M Apr 2025 - Jun 2025 Median sale price $1.4M Median list price $1.4M Jul 2025 - Sep 2025 Median sale price $1.5M Median list price $1.4M Oct 2025 - Dec 2025 Median sale price $1.5M Median list price $1.3M Jan 2026 - Mar 2026 Median sale price $1.3M Median list price $1.4M Apr 2026 - Jun 2026 Median sale price $1.7M Median list price $1.5M
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
13
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Apr 2026 - Jun 2026).

Summit’s rolling three-month data through June 2026 shows home values moving notably higher than a year ago. The typical home value is up about 21% year over year, reaching roughly $1.7 million. Median list prices are also higher than last year, climbing around 7%, even as the number of homes sold in this period has slipped from a year earlier.

Conditions in the most recent three-month window highlight a strong seller’s market with limited supply. Months of supply is down nearly a quarter from last year to about 1.2 months, and active listings have fallen almost 30% year over year, even with a recent month-to-month jump. Homes now take a bit longer to sell than a year ago, with median days on market roughly doubling to 12 days, yet more than half of listings still go off the market within two weeks and nearly 80% of sales close above the list price.

Buyer demand is also clear in the average sale-to-list price ratio, which is holding near 111%, indicating that many buyers are bidding above asking to secure a home. At the same time, fewer new listings and pending sales compared with a year ago point to tighter options and more pressure on well-priced properties. Whether you are a buyer trying to compete effectively or a seller aiming to capitalize on these strong conditions, Agent Pronto can connect you with a local Summit agent who understands this market.



Learn more about what Summit has to offer.

Summit offers residents a welcoming, close-knit community with top-notch schools, abundant green spaces, a vibrant downtown, and easy access to regional amenities, all contributing to a high quality of life.

Summit immediately stands out from nearby commuter towns like Millburn and Westfield with its walkable downtown, strong arts presence, and easy rail access to New York City. The compact center is filled with independent shops, restaurants, and cafés, anchored by venues like The Summit Playhouse and the Visual Arts Center of New Jersey, which give residents a steady calendar of performances, classes, and exhibitions.

Families are drawn to Summit for its highly regarded public schools, including Summit High School, as well as recreation options such as Memorial Field and Briant Park. The Summit Free Public Library serves as a true community hub, hosting events for all ages. For commuters, NJ Transit’s Summit Station and easy access to New Providence and Short Hills expand options for work and leisure.

Housing in Summit ranges from historic homes near downtown to quieter streets closer to neighboring Chatham. Inventory can move quickly, and pricing varies by proximity to schools, transit, and parks. Whether you are preparing to list your current home or hope to secure the right property in a competitive market, timing and strategy matter. Agent Pronto can connect both buyers and sellers with a Summit real estate professional who understands local trends and how to prepare for a successful move.

Find your Summit real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“I love how easy it is to communicate with Lisa. If she's not one step ahead of me asking a question and she having the answer then she responds quickly when I leave a message. She understands my needs as a buyer and seller which is why I've worked with her several times. I highly recommend Lisa Ball!”

Mary Polone · Barnegat, NJ

Photo of Lisa Ball
Century 21 Solid Gold Realty
“This is the second time I’ve worked with Matthew Tully to sell a home, and once again, he exceeded my expectations. Matthew is professional, knowledgeable, responsive, and a pleasure to work with. He developed an excellent pricing and marketing strategy that resulted in my house selling quickly and for above the asking price. Throughout the entire process, he kept me informed, answered all of my questions promptly, and made everything as smooth and stress-free as possible. His attention to detail, strong negotiation skills, and commitment to his clients truly set him apart. I couldn’t be happier with the outcome and highly recommend Matthew Tully to anyone looking to buy or sell a home. The fact that I chose to work with him a second time speaks for itself. Thank you, Matthew, for another outstanding job!”

May · Somerset, NJ

Photo of The Tully Group
RE/MAX Central
“Ms. Torsiello is a pleasure to work with. She is professional, knowledgeable, and friendly. I highly recommend her. Selling a property is stressful. She made the whole experience much easier. I woukd definitely give her a 5 star rating.”

Kathleen Jones · Rockaway Township, NJ

Photo of Julia Torsiello
Century 21 Christel Realty
“Selling my condo felt overwhelming at first, but working with Tina Torres made the entire process smooth and successful from start to finish. Her professionalism, knowledge, communication and dedication were truly outstanding. Tina was always available to answer questions, kept me informed every step of the way and worked incredibly hard to make sure everything stayed on track. Thanks to her expertise, my condo sold quickly and the Closing process went smoothly. What stood out the most was how much Tina genuinely cared about me as a client, not just about making a sale. I always felt supported, respected and confident that I was in the best hands possible. I couldn't have asked for a better experience and would highly recommend Tina Torres to anyone buying or selling a home. She is truly one of the best realtors out there!!”

Michelle Cruz · Elizabeth, NJ

Photo of Tina  Torres
RE/MAX Lifetime Realtors
“Vesna is a top notch Broker and will always stick to her in the future and will also recommend her to anyone who needs real estate broker”

Marcin Wiercioch · Pearl River, NY

Photo of Vesna Kanacki
Century 21 Elite Realty
“It was a pleasure to work with Eugene while selling my mom's house! I knew it would not be an enjoyable process, but he helped make it as easy as possible.”

Jay Trembulak · Garwood, NJ

Photo of Eugene Wisniewski
Century 21 Supreme Realty
“Rob did well in preparing us for the sale. He understood our needs and time restraints we were under. Whenever we call him, he either anwsered at once or returned the call ASAP. He kept us in the loop at all times, providing an understanding of the next steps. Robert was professional at all times.”

Ray and Linda · Wayne, NJ

Photo of Robert Galvan
Prominent Properties Sotheby's International Realty
“To whom it my concern, It is our immense pleasure to recommend Viola Salvato as a real estate agent for any individual or family searching for the ideal home. Viola had an initial meeting with us regarding our specific needs in a home as well as our budgetary limits. She is highly talented and immediately found us numerous listings of homes. She did not waste our time with homes that were not in line with our needs. Viola is a master with contract negotiation she came up with a deal that was good for us as well as making the seller happy. She knows the area like the back of her hand and there is nothing that escapes her attention when it comes to properties for sale in this area. We found Viola to be a highly attentive agent, almost as if we were her only customers, although we know that was not the case. She returned all phone calls and emails the same day. We never felt neglected or unimportant. She also is highly personable with an engaging personality. She is hands down the best!”

Scott Wilberg ·

Photo of Vi Salvato
Iowa Realty
“Tuve una experiencia muy agradable buscando casa asta que la encontramos le agradezco muchísimo a Rosse Méndez que Dios la bendiga”

Jairo Veliz · Newton, NJ

Photo of Rosse Mary Mendez
Keller Williams Metropolitan
“Travis is the best. He loves his job.”

Gifty L. · New Windsor, NY

Photo of Travis Waller
eRealty Advisors
“The agent demonstrated a considerable amount of experience and knowledge throughout the sale.”

Ibanga U. · Trenton, NJ

Photo of Paul & Kamila Hummel
Action USA Jay Robert Realtors
“Cathleen was helpful and responsive!”

Robert D H. · Flemington, NJ

Photo of Cathleen Henriquez-Ali
Coldwell Banker Realty
“Very professional and knowledgeable.... always available and excellent response time.”

Grace P. · Lakewood, NJ

Photo of Charles Howard
Century 21 Solid Gold Realty, LLC
“Martin's support and guidance made possible the sale of my property in very challenging circumstances. His professional demeanor was critical to land the closing.”

Antonio T. · North Bergen, NJ

Photo of Martin Bianchi
Compass
“Michael was very experienced and professional. He assisted me from the start in determining the best-selling price and provided council and insight throughout the process. He maintained excellent communication with me and all parties involved. Not only that, but he also followed up at the end to assure my satisfaction.”

Robert D. · Manchester Township, NJ

Photo of Michael Harbord
1st First Class Real Estate Agency
“Our experience with Bruno Melé was excellent! He did an outstanding work all the time and the sale of our home was smooth and efficient. Thank you! ”

Ana G. · Irvington, NJ

Photo of Bruno Mele
Liberty Realty
“I highly recommend Sharif and Co. The whole team was professional and sold my home quickly and above asking price.”

Tanika B. · Ewing Township, NJ

Photo of Team Sharif Sells
EXP REALTY LLC
“My agent was Lucy Phelan at Keller Williams, and I had a great experience working with both Lucy and her brother Richard. Both had provided me with their expert advice, they would take extra steps to educate you and walk you thru the home shopping process. They would work on my schedule, try their best to answer all my questions and would point me to the right direction when I was looking for the lender, inspector, lawyer, etc. As a home buyer in this "Bidding War" market, most of my offers were turned down; however, both Lucy and Rich have continuously provided me encouragement to keep trying and looking. I cannot remember how many houses we have looked together...and when I was not able to look at the houses in person, they would video call me to conduct a virtual home showing. In general, they are exceptionally good with people skill, nice/friendly people to talk with and they show care on other things then just home buying. I would like to work with them again in the future and would recommend them to any home buyer/seller.”

Gary Y. · Matawan, NJ

Photo of Lucy Phelan
Keller Williams Elite, Realtors
“Keith Bochner had the same vision as I did. He was there every step of the way and went far and above what was expected. Extremely knowledgeable in the field and guided me correctly all the way. Keith is a true professional. I highly recommend his services!”

Linda A. · Cedar Grove, NJ

Photo of Keith Bochner
Coldwell Banker
“Audra Loccisano worked closely with my siblings and I to sell our parents’ house. She really knew the local Rahway market, as well as needed services and the city building ordinances. Audra had great interpersonal skills, too, and kept in constant communication. And she was especially expert at pricing strategy and negotiations. We were all very satisfied with Audra’s services, with a fast sale at a better than expected price. We can recommend her without reservation.”

Catherine Peich · Rahway, NJ

Photo of Audra Loccisano
RE/MAX Select

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Summit. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.