Summit Housing Market Report December 2024Douglas County, Wisconsin

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Housing Prices in Summit, WI

How much do homes in Summit, WI cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$589,900$273/SqFt
+$84,627
+16.7%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Summit has increased by 16.7% since last year.

Summary: The median home list price in Summit was $589,900 in December 2024, up 16.7% from the previous year, and the median price per square foot was $273.

Median List Price By City

Median List Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Summit
+16.7%
South Range
+12.0%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1-$169.9K
N/A
2$235K$239.9K
+2.1%
3$500K$614.4K
+22.9%
4$600K$614.9K
+2.5%
5--
N/A

Summary: Summit housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +2.1%. The home price for 3 bedroom homes increased by +22.9%. The home price for 4 bedroom homes increased by +2.5%. The home price for 5 bedroom homes did not change.

Housing supply in Summit, WI

How many homes are available in Summit, WI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
1Last MonthDec 2024
12 months agoNov 2024
0.0 %
Change MoMNov – Dec

Summary: The Summit real estate market had 1 homes for sale in Dec 2024, the same as Nov 2024

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
100
0.0%
200
0.0%
310
-100.0%
401
+100.0%
500
0.0%

Summary: Summit housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -100.0%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.

Days on Market for Summit, WI

How long does it take to sell a home in Summit, WI?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
26 DaysThis YearDec 2024
89 Days1 year agoDec 2023
-70.8 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Summit had an average listing age of 26 days in Dec 2024, down by 70.8% compared to the previous year.

Newest Listings in Summit, WI

What homes are available in Summit, WI?

MLS Disclaimers and Copyright

Based on information from Wisconsin Real Estate Exchange, for the period 01/01/2023 - 01/01/2025

© 2025 WIREX - All Rights Reserved.

Information is supplied by seller and other third parties and has not been verified. All information deemed reliable but not guaranteed and should be independently verified. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor this broker nor MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/18/2025, 3:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.