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Summit Apartments, Mortgage Quotes, And Real Estate


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Summit Mortgage and Real Estate Facts

Overview

In Summit there are 3,356 places to live of various types. In the village, 53% of the houses and apartments are occupied by the owners, not rented out.

Summit Mortgage

About 56% of owner-occupied housing units in Summit have a mortgage of one type or another. Approximately 9% of housing units in the village carry a second mortgage or home equity loan.

Mortgage and interest rate quotes for the Summit area (or anywhere else you choose in the US) are available, without obligation or credit checks:

Summit Mortgage Statistics

CategoryValue
Homes With No Mortgage44%
With A Mortgage56%
First Mortgage Only47%
Second Mortgage or Home Equity Loan9%
Second Mortgage Only3%
Home Equity Loan Only6%

Summit Housing Expenses

CategoryValue
Owner Costs as % of Income18.9%
Median Real Estate Taxes (2000)$2,024

Summit Household Size

CategoryValue
Total Occupied3,356
1-Person Households23%
2-Person Households22%
3-Person Households16%
4-Person Households16%
5-Person Households11%
6-Person Households6%
7+-Person Households5%

Summit Housing Stock

CategoryValue
Median Year Built1955
Median Year Built (Owner Occupied)1951
Median Year Built (Renter Occupied)1957

Summit Home Heating

CategoryValue
Using Utility Co. Gas Heat95%
Using Bottled/Tank Gas Heat1%
Using Electric Heat3%
Using Oil Heat0%
Using Coal0%
Using Wood Heating1%
Using Solar Heat0%
Other Heating0%
No Heating0%

Summit Housing Size

CategoryValue
No Bedrooms2%
1 Bedroom5%
2 Bedrooms29%
3 Bedrooms46%
4 Bedrooms10%
5+ Bedrooms7%
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Summit Mortgage Rates

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