The typical owner-occupied home in Summerville is worth about $99,000, 67% below the Georgia median of $303,300 and 70% below the national median of $332,700. Owners pay a median $773 a year in property taxes, about 0.78% of their home's value, close to the Georgia rate of 0.77%. The median household earns $32,662 a year, so the median home costs 3.0 times the median income (3.9 times for Georgia). 43% of occupied homes here are lived in by their owners, and 24% of those owners still have a mortgage.
Summerville at a glance
| Summerville | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $99,000 | $303,300 | $332,700 |
| Median property tax paid per year | $773 | $2,341 | $3,119 |
| Property tax as a share of value | 0.78% | 0.77% | 0.94% |
| Median household income | $32,662 | $77,353 | $80,734 |
| Homes lived in by their owners | 43% | 66% | 65% |
| Owner homes with a mortgage | 24% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $997 | $1,783 | $1,963 |
| Those costs as a share of the owners' income | 17.6% | 20.0% | 21.0% |
| Median rent | $593 | $1,393 | $1,413 |
| Rent as a share of renters' income | 34.6% | 31.3% | 30.6% |
| Median year homes were built | 1973 | 1992 | 1980 |
| Vacant homes | 13.3% | 10.3% | 10.1% |
| Population | 4,408 | 10,940,407 | 334,922,499 |
What a typical home costs per month in Summerville
At this week's average 30-year rate of 7.11%, buying the median Summerville home of $99,000 with 20% down costs about $638 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $803, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $27,359 for the 20%-down payment. That payment is 23% of the median Summerville household income of $32,662; at that income and 20% down, the 28% guideline points to a home of about $118,000.
The median rent here is $593 a month, so owning the median home costs about $45 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $19,800 |
|---|---|
| Loan amount | $79,200 |
| Principal and interest | $533 |
| Property taxes (0.78% a year) | $64 |
| Homeowners insurance (our estimate, 0.5% a year) | $41 |
| PMI | $0 |
| Total per month | $638 |
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| Down payment | $3,465 |
|---|---|
| Loan amount | $97,207 |
| Principal and interest | $654 |
| Property taxes (0.78% a year) | $64 |
| Homeowners insurance (our estimate, 0.5% a year) | $41 |
| FHA mortgage insurance | $44 |
| Total per month | $803 |
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Questions about home buying in Summerville
What is the median home value in Summerville?
About $99,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Summerville?
Homeowners pay a median $773 a year, which is about 0.78% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Summerville?
For the median home with 20% down at 7.11%, the payment is about $638 a month. Keeping that under 28% of gross income takes about $27,359 a year.
More about Summerville
- Mortgage Refinance in Summerville
- Debt Relief in Summerville
- Home Equity Loans in Summerville
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data