Summit, AR Real Estate
According to census data in the year 2000 there were 253 housing units in Summit.
This represents a 7.7% growth from 235 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 253 were located in what is classified as a rural area.
Homeownership rate in Summit is about 58.8%.
Summit's vacancy rate, including seasonal lodging, is about 16.6%.
Average household size is 2.66 people.
The majority of houses, apartments or condos in Summit were built after 1974.
|Housing Units by Size|
|Five Bedrooms or more||0%|
Owned Homes, Apartments and Condos
|Average Household Size||2.44|
|Median year structure was built||1971|
|Median Value of occupied units||$48,900|
|Median Price asked for vacant units||$65,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.97|
|Median year structure was built||1976|
|Median Monthly Rent asked for vacant units||$246|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||2.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.3%|