Checked
Summit, MS Home Values and Rents
The typical home value in Summit is $143,091, 118th highest of 189 cities and towns in Mississippi. Median rent is $929 a month.
- Typical home value
- $143,091
- 118th of 189 in MS
- Median rent
- $929/mo
- ACS 2020-2024
- Price change, 1 year
- +5.0%
- Sep 2026
- Homeownership
- 53.1%
- MS: 70.0%
Typical home value in Summit
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Summit |
|---|---|
| Sep 2026 | $143,091 |
| Dec 2025 | $133,449 |
| Dec 2024 | $142,049 |
| Dec 2023 | $145,395 |
| Dec 2022 | $153,800 |
| Dec 2021 | $157,385 |
| Dec 2020 | $142,509 |
| Dec 2019 | $137,524 |
| Dec 2018 | $132,456 |
| Dec 2017 | $130,300 |
| Dec 2016 | $122,759 |
| Dec 2015 | $120,988 |
| Dec 2014 | $118,787 |
| Dec 2013 | $117,000 |
| Dec 2012 | $114,152 |
Over five years, Summit prices changed -9.0%.
Source: Zillow Research · Last updated 09/01/2026
Fair Market Rents, FY2027
HUD rent standard for Pike County, MS
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $874 | +4.4% |
| 1 bedroom | $954 | +12.9% |
| 2 bedrooms | $1,039 | +5.4% |
| 3 bedrooms | $1,238 | +4.7% |
| 4 bedrooms | $1,459 | +2.9% |
Frequently asked questions
- What is the typical home value in Summit, MS?
- The typical home value in Summit is $143,091 (Zillow Home Value Index, Sep 2026). The Mississippi median is $169,800.
- How much is rent in Summit?
- The median rent in Summit is $929 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,039.
- Are home prices going up in Summit?
- The typical home value in Summit changed +5.0% over one year and -9.0% over five years, as of Sep 2026.
- How does Summit compare with the rest of Mississippi?
- Summit has the 118th highest median home value of 189 cities and towns with 1,000+ residents in Mississippi.