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Summit, OK Real Estate


According to census data in the year 2000 there were 65 housing units in Summit. This represents a 1.5% decline from 66 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 65 were located in what is classified as a rural area.

Homeownership rate in Summit is about 85.2%. Summit's vacancy rate, including seasonal lodging, is about 6.2%. Average household size is 3.28 people.

The majority of houses, apartments or condos in Summit were built after 1975.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom7.70%
Two Bedrooms47.70%
Three Bedrooms26.20%
Four Bedrooms15.40%
Five Bedrooms or more3.10%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.77
Median year structure was built1970
Median Value of occupied units$28,200

Rented Homes, Apartments and Condos

Average Household Size6.22
Median year structure was built1984

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage0%
Home Equity Loan0%
Simple Mortgage9.50%
Debt Free90.50%
As % of Housing Units
   
Median part of Monthly Household Income dedicated to covering home ownership costs17.1%