Similar to its nearby areas, it is significantly less expensive compared to the United States as a whole. It's substantially less expensive compared to the city of Philadelphia.
Home prices
The median home in Summit Hill is valued at $92,800. In comparison to its surrounding areas this is is very similar.It is roughly $124,700 (57%) lower compared to the United States as a whole, and it is about $70,200 (43%) lower in comparison to the city of Philadelphia.
Rents
The median monthly rent in Summit Hill is $916. In comparison to other places in this area it is approximately $183 (24%) higher.It is roughly $146 (13%) lower compared to the rest of the country, and it is approximately $126 (12%) lower in comparison to the city of Philadelphia.
Nearby places
Lansford
Lansford is Summit Hill's neighbor to the west. Its housing prices are substantially less expensive. The median home value in Lansford is $45,900, which works out to $46,900 (102%) lower than Summit Hill. Rents there are somewhat less expensive. Lansford's median rent is $765 a month, which comes out to $151 (19%) lower than Summit Hill.
Nesquehoning
Nesquehoning is Summit Hill's neighbor to the north. Its real estate prices are pretty similar. The price of the median home in Nesquehoning is $90,800, which comes out to $2,000 (2%) lower than Summit Hill. Rents there are a bit less expensive. In Nesquehoning the median monthly rent is $710, which works out to $206 (29%) lower than Summit Hill.
Tamaqua
Tamaqua is Summit Hill's neighbor to the west. The housing prices there are significantly less expensive. The median home value in Tamaqua is $62,800, which comes out to $30,000 (47%) lower than Summit Hill. Rents there are somewhat less expensive. Tamaqua's median rent is $716 a month, which is $200 (27%) lower than Summit Hill.
Jim Thorpe
Jim Thorpe is Summit Hill's neighbor to the northeast. The housing prices there are significantly more expensive. The median home value in Jim Thorpe is $151,600, which is $58,800 (38%) higher than Summit Hill. Rents there are a bit less expensive. In Jim Thorpe the median monthly rent is $735, which works out to $181 (24%) lower than Summit Hill.
Lehighton
Lehighton is approximately 5 miles east of Summit Hill. Housing prices there are a little more expensive. The price of the median home in Lehighton is $114,200, which is $21,400 (18%) higher than Summit Hill. The rent there is a little less expensive. The median rent in Lehighton is $740 a month, which is $176 (23%) lower than Summit Hill.