Active Listings
55
⇩ 32.1% vs 81 last year
Data as of June 2026. Source: Realtor.com.
The Summit, NJ real estate market currently shows 55 active listings, with 29 pending sales. Homes are averaging 28 days on the market before going under contract.
Inventory has tightened compared to last year, with 26 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 28 days on market compared to 32 days last year.
The median listing price has fallen 9.1% year-over-year, from $1,683,750 to $1,531,250.
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%