Summit, MS Real Estate
According to census data in the year 2000 there were 658 housing units in Summit.
This represents a 0.5% decline from 661 in 1990.
Of those housing units, 638 were located in either urbanized areas or urban clusters, and 20 were located in what is classified as a rural area.
Homeownership rate in Summit is about 70.7%.
Summit's vacancy rate, including seasonal lodging, is about 10.3%.
Average household size is 2.42 people.
The majority of houses, apartments or condos in Summit were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.90% |
| Two Bedrooms | 28.10% |
| Three Bedrooms | 49.80% |
| Four Bedrooms | 11.60% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.33 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $60,100 |
| Median Price asked for vacant units | $30,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.65 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $438 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0.50% |
| Home Equity Loan | 2.70% |
| Simple Mortgage | 52.60% |
| Debt Free | 44.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.1% |
