Home prices
The median home price in Silver Summit is $862,200. It is roughly $155,140 (21%) higher in comparison to nearby areas.In comparison to the nation as a whole it is about $644,700 (296%) higher, and compared to the city of Salt Lake City it is approximately $547,700 (174%) higher.
Rents
Silver Summit's median rent is $2,609 per month. It is about $1,133 (76%) higher compared to its surrounding areas.In comparison to the rest of the nation it is approximately $1,547 (145%) higher, and it is roughly $1,624 (164%) higher compared to the city of Salt Lake City.
Nearby places
Snyderville
Snyderville is Silver Summit's neighbor to the southwest. Housing prices there are somewhat less expensive. Snyderville's median home value is $777,800, which comes out to $84,400 (10%) lower than Silver Summit. Rent there is a lot less expensive. In Snyderville the median rent is $1,481 per month, which is $1,128 (76%) lower than Silver Summit.
Summit Park
Summit Park is Silver Summit's neighbor to the west. Housing prices there are somewhat less expensive. The price of the median home in Summit Park is $705,800, which works out to $156,400 (22%) lower than Silver Summit. Its rents are a lot less expensive. In Summit Park the median monthly rent is $1,627, which works out to $982 (60%) lower than Silver Summit.
Park City
Park City is about 6 miles south from Silver Summit. The housing prices there are somewhat more expensive. The median home in Park City is valued at $1,035,300, which comes out to $173,100 (16%) higher than Silver Summit. Rents there are significantly less expensive. The median rent in Park City is $1,495 a month, which comes out to $1,114 (74%) lower than Silver Summit.
Peoa
Peoa is roughly 6 miles east from Silver Summit. The housing prices there are substantially less expensive. The cost of the median home in Peoa is $320,000, which comes out to $542,200 (169%) lower than Silver Summit. Rent there is substantially less expensive. Peoa's median rent is $1,608 a month, which comes out to $1,001 (62%) lower than Silver Summit.
Hideout
Hideout is roughly 7 miles southeast of Silver Summit. Housing prices there are a little less expensive. The value of the median home in Hideout is $696,400, which works out to $165,800 (23%) lower than Silver Summit. Rent there is significantly less expensive. The median monthly rent in Hideout is $1,167, which works out to $1,442 (123%) lower than Silver Summit.
