Data as of September 2026. Source: Realtor.com.
The Summit, NJ real estate market currently shows 40 active listings, with 14 pending sales. Homes are averaging 21 days on the market before going under contract.
Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 21 days on market compared to 18 days last year.
The median listing price has fallen 0.5% year-over-year, from $1,406,500 to $1,400,000.
Population: 24,281 · Density: 1,480.4/mi² · Median household income: $170,275
Typical home value: $905,960 · Homeownership: 67.8%