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In Summit there are 7,897 places to live of various types. In the city, 68% of the houses and apartments are occupied by the owners, not rented out.
About 66% of owner-occupied housing units in Summit have a mortgage of one type or another. Approximately 16% of housing units in the city 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:
| Category | Value |
|---|---|
| Homes With No Mortgage | 34% |
| With A Mortgage | 66% |
| First Mortgage Only | 50% |
| Second Mortgage or Home Equity Loan | 16% |
| Second Mortgage Only | 6% |
| Home Equity Loan Only | 10% |
| Category | Value |
|---|---|
| Owner Costs as % of Income | 17.6% |
| Median Real Estate Taxes (2000) | $6,822 |
| Category | Value |
|---|---|
| Total Occupied | 7,897 |
| 1-Person Households | 24% |
| 2-Person Households | 32% |
| 3-Person Households | 16% |
| 4-Person Households | 16% |
| 5-Person Households | 9% |
| 6-Person Households | 2% |
| 7+-Person Households | 1% |
| Category | Value |
|---|---|
| Median Year Built | 1949 |
| Median Year Built (Owner Occupied) | 1949 |
| Median Year Built (Renter Occupied) | 1949 |
| Category | Value |
|---|---|
| Using Utility Co. Gas Heat | 85% |
| Using Bottled/Tank Gas Heat | 0% |
| Using Electric Heat | 2% |
| Using Oil Heat | 13% |
| Using Coal | 0% |
| Using Wood Heating | 0% |
| Using Solar Heat | 0% |
| Other Heating | 0% |
| No Heating | 0% |
| Category | Value |
|---|---|
| No Bedrooms | 0% |
| 1 Bedroom | 2% |
| 2 Bedrooms | 10% |
| 3 Bedrooms | 36% |
| 4 Bedrooms | 30% |
| 5+ Bedrooms | 21% |
Rate quotes from multiple lenders for the Summit area:
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Moving Traffic, Inc., operator of CityTownInfo.com, is not a broker or a lender, and all offers for loans or mortgages found on this site are made solely by the advertiser.
