Summit Hill, PA—18250
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Summit Hill, PA
As of Oct '25, the median home price in Summit Hill, PA is $153,000, with a year-over-year change of 4.0%. This indicates that home prices in Summit Hill, PA are increasing. According to Zillow, the 1-year price projection is 3.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $153,000 | 4.1% |
| Single Family | $153,000 | 4.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $123,000 | 2.5% |
3 Bed | $149,000 | 4.2% |
4 Bed | $176,000 | 4.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Summit Hill, PA
As of July '25, Rentcast reports the average rent in Summit Hill, PA is $1,130, with a year-over-year rent change of 1.8%. Per bedroom, the median rent as of July '25 in Summit Hill, PA is 1-bedrooms: $900, 2-bedrooms: $1,120, 3-bedrooms: $1,200. The most common rental property sizes in Summit Hill, PA are 4-bedroom and 2-bedroom, accounting for 51.0% and 25.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,130 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $900 | $900 |
| 2 Bed Rent | $1,200 | $1,120 |
| 3 Bed Rent | $1,100 | $1,200 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Summit Hill, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Summit Hill, PA is 37. This is a decrease of -19.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $120,000 | 38.0% |
Listing Count | 12 | -44.0% |
| Listings as % of Homes | 0.4% | -44.0% |
Days on Market | 37 | -19.0% |
Demographics — Summit Hill, PA
As of the latest ACS Survey released in 2023, Summit Hill, PA has a population of 3,130, which has increased by 5.7% over the past 5 years. Summit Hill, PA is a popular place for families, as children make up 27.1% of the population. The area has a poorly educated workforce, with 8.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,130 | 5.7% |
% Under 18 | 27.1% | 26.0% |
% Seniors | 16.6% | 9.2% |
% WFH | 7.6% | 181.5% |
% w/ College Degree | 8.3% | -51.2% |
As of the latest ACS Survey released in 2023, Summit Hill, PA is a predominantly white area, with 85.5% of the population identifying as white. The white population has shrunk by 4.1% in the last 5 years. The second most common race or ethnicity in Summit Hill, PA is hispanic, making up 9.2% of the population. Foreign-born residents account for 0.4% of the population in Summit Hill, PA, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 85.5% | -4.1% |
% Black | 0.0% | -100.0% |
% Hispanic | 9.2% | 39.4% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.4% | 0.0% |
Mortgage and Risk — Summit Hill, PA
According to HUD data as of 2023, there were 67 mortgage originations in Summit Hill, PA, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Summit Hill, PA. Investor activity is low, as 10.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 67 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 10.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Summit Hill, PA
Summit Hill, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 36 |
Total Units Section 8 | 36 |
% Rentals under Section 8 | 12.3% |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $150 | $900 | $1,050 |
| 2 Bedroom | $100 | $1,200 | $1,300 |
| 3 Bedroom | $560 | $1,100 | $1,660 |
| 4 Bedroom | N/A | N/A | $1,730 |
Affordability — Summit Hill, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $153,000 |
| Median Household Income | $66,700 |