Active Listings
48
⇩ 37.7% vs 77 last year
Data as of July 2026. Source: Realtor.com.
The Summit, NJ real estate market currently shows 48 active listings, with 27 pending sales. Homes are averaging 35 days on the market before going under contract.
Inventory has tightened compared to last year, with 29 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 35 days on market compared to 28 days last year.
The median listing price has risen 3.1% year-over-year, from $1,425,000 to $1,468,750.
Whether you are buying or selling in Summit, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 24,281 · Density: 1,480.4/mi² · Median household income: $170,275
Typical home value: $905,960 · Homeownership: 67.8%