Market Summary

Summit, Maricopa County, AZ

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Median Home Price Price

$492,121 $492.1K

Median Monthly Rent Rent

$2,347 $2.3K

GRM

17.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Maricopa County

Region Price Rent GRM Display
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$550,420 $2,338 20.0x
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Breckenridge Manor
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Lantana Ranch
$574,205 $2,653 18.0x
Paradise Valley
$560,011 $2,332 20.0x
Andersen Springs
$567,997 $2,297 21.0x
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$540,670 $2,609 17.0x
Arizona Estates
$559,687 $2,308 20.0x

Home prices

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Monthly rent

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GRM

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Similar markets within AZ outside of Maricopa County

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Monthly rent

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GRM

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Similar markets outside of AZ

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GRM

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Summit

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Trend Insights

Median Rent in Summit, AZ is $2,347, with MoM change +$12 and YoY change +$16 pointing to positive momentum while volatility is low (std $12).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Summit, AZ.

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Metric
Base market Summit, AZ
Compare market Select a market
Delta vs base
Median rent
$2,347
N/A
—
Median price
$492,121
N/A
—
YoY change
+$16
N/A
—
Price-to-rent
17.5x
Data unavailable
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