Last updated November 11, 2026
The median home price in Summit is $1,599,000, up 9.5% year-over-year. Median price per square foot is down 11.7% at $580/sq. ft. Homes are selling in 16 days on average, compared to 21 days last year. As of November 11, 2026, there are 55 active listings on the market, with 5 new listings in the last 7 days.
Median home price
$1.6M
9.5% YoY
YoY price change
+9.5%
+$139,000
Days on market
16
-5 days YoY
Active homes
55
0% YoY
$1,599,000
55
$580
16 days
4,344 sqft
| City | Median price | YoY change | $/Sqft | Days on market | Active homes |
|---|---|---|---|---|---|
| Summit | $1,599,000 | +9.5% | $580 | 16 | 55 |
| Chatham | $1,490,000 | -0.3% | $418 | 27 | 17 |
| Springfield | $704,277 | +8.4% | $347 | 24 | 44 |
| New Providence | $1,399,000 | +41.5% | $445 | 12 | 30 |
| Millburn | $1,546,500 | +19.0% | $565 | 26 | 20 |
| Chatham Twp | $895,000 | -44.1% | $389 | 17 | 30 |
Select a district to view it's schools.
Summit Public School District has 1 high school, 1 middle school, and 7 elementary schools. It has an overall average GreatSchools rating of 8/10.