Summit, WA Real Estate
According to census data in the year 2000 there were 3,127 housing units in Summit.
This represents a 32.6% growth from 2,359 in 1990.
Of those housing units, 3,127 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Summit is about 84.5%.
Summit's vacancy rate, including seasonal lodging, is about 3.5%.
Average household size is 2.68 people.
The majority of houses, apartments or condos in Summit were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 3.70% |
| Two Bedrooms | 24% |
| Three Bedrooms | 49.50% |
| Four Bedrooms | 16.70% |
| Five Bedrooms or more | 4.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.7 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $159,100 |
| Median Price asked for vacant units | $173,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.55 |
| Median year structure was built | 1975 |
| Median Monthly Rent asked for vacant units | $763 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 11.50% |
| Home Equity Loan | 6.10% |
| Simple Mortgage | 56% |
| Debt Free | 26% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.8% |
