Data as of April 2026. Source: Realtor.com.
The Summit, NJ real estate market currently shows 44 active listings, with 26 pending sales. Homes are averaging 21 days on the market before going under contract.
Inventory has tightened compared to last year, with 18 fewer active listings — creating more competition among buyers.
The median listing price has risen 1.7% year-over-year, from $1,412,000 to $1,436,250.
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%