Much like the surrounding areas, it's a little more expensive compared to the nation as a whole. Compared to the city of Seattle however, it is a lot less expensive.
Home prices
The median home in Summit View costs $281,900. Compared to its nearby areas this is approximately $10,400 (3%) higher.It is about $64,400 (29%) higher compared to the country as a whole, and is roughly $381,200 (57%) lower compared to the city of Seattle.
Rents
In Summit View the median monthly rent is $1,418. This is approximately $101 (7%) higher compared to its surrounding areas.In comparison to the nation as a whole it is roughly $356 (33%) higher, and in comparison to the city of Seattle is approximately $196 (12%) lower.
Nearby places
Clover Creek
Clover Creek is Summit View's neighbor to the west. Real estate prices there are similar. The median home value in Clover Creek is $271,500, which works out to $10,400 (3%) lower than Summit View. Its rents are a lot less expensive. Clover Creek's median monthly rent is $1,036, which comes out to $382 (36%) lower than Summit View.
Summit
Summit is Summit View's neighbor to the north. Its housing prices are somewhat more expensive. The median home in Summit costs $299,300, which is $17,400 (5%) higher than Summit View. Rent there is a bit less expensive. Summit's median monthly rent is $1,243, which works out to $175 (14%) lower than Summit View.
South Hill
South Hill is Summit View's neighbor to the east. The housing prices there are somewhat more expensive. The median home in South Hill costs $303,100, which comes out to $21,200 (6%) higher than Summit View. Its rents are a bit more expensive. South Hill's median monthly rent is $1,536, which comes out to $118 (7%) higher than Summit View.
Frederickson
Frederickson is Summit View's neighbor to the south. Its housing prices are pretty similar. The median home cost in Frederickson is $272,400, which comes out to $9,500 (3%) lower than Summit View. Rents there are a little more expensive. Frederickson's median monthly rent is $1,674, which comes out to $256 (15%) higher than Summit View.
Midland
Midland is approximately 3 miles northwest from Summit View. Real estate prices there are substantially less expensive. Midland's median home cost is $211,200, which is $70,700 (33%) lower than Summit View. Its rents are a bit less expensive. The median rent in Midland is $1,096 per month, which is $322 (29%) lower than Summit View.