Home prices
The median home cost in Summit Park is $705,800. In comparison to other places in this area this is approximately $107,940 (13%) lower.It is about $488,300 (224%) higher in comparison to the rest of the nation, and it is roughly $391,300 (124%) higher compared to the city of Salt Lake City.
Rents
The median monthly rent in Summit Park is $1,627. This is is very similar in comparison to other places in this area.In comparison to the United States as a whole it is approximately $565 (53%) higher, and it is about $642 (65%) higher in comparison to the city of Salt Lake City.
Nearby places
Snyderville
Snyderville is Summit Park's neighbor to the southeast. The housing prices there are a bit more expensive. The median home in Snyderville costs $777,800, which is $72,000 (9%) higher than Summit Park. Rent there is somewhat less expensive. Snyderville's median monthly rent is $1,481, which works out to $146 (9%) lower than Summit Park.
Silver Summit
Silver Summit is Summit Park's neighbor to the east. Housing prices there are a little more expensive. The value of the median home in Silver Summit is $862,200, which is $156,400 (18%) higher than Summit Park. The rent there is a lot more expensive. Silver Summit's median rent is $2,609 per month, which comes out to $982 (37%) higher than Summit Park.
Park City
Park City is approximately 7 miles southeast from Summit Park. Housing prices there are a little more expensive. Park City's median home cost is $1,035,300, which comes out to $329,500 (31%) higher than Summit Park. Rents there are a bit less expensive. Park City's median monthly rent is $1,495, which is $132 (8%) lower than Summit Park.
Emigration Canyon
Emigration Canyon is approximately 7 miles northwest from Summit Park. Real estate prices there are pretty similar. Emigration Canyon's median home value is $697,000, which is $8,800 (1%) lower than Summit Park. Its rents are a bit less expensive. In Emigration Canyon the median rent is $1,459 per month, which works out to $168 (11%) lower than Summit Park.
Hideout
Hideout is about 10 miles southeast from Summit Park. Its housing prices are fairly similar. Hideout's median home price is $696,400, which works out to $9,400 (1%) lower than Summit Park. The rent there is substantially less expensive. The median monthly rent in Hideout is $1,167, which is $460 (39%) lower than Summit Park.