Housing & Real Estate — Summit, Mississippi
Overview
| Total Housing Units | 987 |
|---|
| Occupied | 839 |
|---|
| Vacant | 148 |
|---|
| Owner-Occupied | 452 |
|---|
| Renter-Occupied | 387 |
|---|
| Median Home Value (Census) | $113,600 |
|---|
| Estimated 2026 | ~$123,000 |
|---|
| Median Rent | $936/mo |
|---|
| Median Property Tax | $733/yr |
|---|
Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | moderate |
|---|
| Rent as % of Income | 38.2% |
|---|
| Severely Rent-Burdened | 66.0% |
|---|
Housing Age
| Built 2010 or later | 91 |
|---|
| Built 2000-2009 | 57 |
|---|
| Built 1990-1999 | 121 |
|---|
| Built before 1960 | 234 |
|---|
| Median Year Built | 1980 |
|---|
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
