The typical owner-occupied home in Summit Station is worth about $226,300, 11% below the Pennsylvania median of $254,500 and 32% below the national median of $332,700. The median household earns $106,316 a year, so the median home costs 2.1 times the median income (3.3 times for Pennsylvania). 100% of occupied homes here are lived in by their owners, and 87% of those owners still have a mortgage.
Summit Station at a glance
| Summit Station | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $226,300 | $254,500 | $332,700 |
| Median property tax paid per year | – | $3,311 | $3,119 |
| Median household income | $106,316 | $77,971 | $80,734 |
| Homes lived in by their owners | 100% | 69% | 65% |
| Owner homes with a mortgage | 87% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,469 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 16.7% | 19.4% | 21.0% |
| Median rent | – | $1,209 | $1,413 |
| Median year homes were built | 1938 | 1965 | 1980 |
| Vacant homes | 0.0% | 9.2% | 10.1% |
| Population | 201 | 13,018,639 | 334,922,499 |
What a typical home costs per month in Summit Station
At this week's average 30-year rate of 7.11%, buying the median Summit Station home of $226,300 with 20% down costs about $1,520 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,897, 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 $65,126 for the 20%-down payment. That payment is 17% of the median Summit Station household income of $106,316; at that income and 20% down, the 28% guideline points to a home of about $369,000.
| Down payment | $45,260 |
|---|---|
| Loan amount | $181,040 |
| Principal and interest | $1,218 |
| Property taxes (1.10% a year) | $207 |
| Homeowners insurance (our estimate, 0.5% a year) | $94 |
| PMI | $0 |
| Total per month | $1,520 |
Change the numbers in the calculator
| Down payment | $7,920 |
|---|---|
| Loan amount | $222,201 |
| Principal and interest | $1,495 |
| Property taxes (1.10% a year) | $207 |
| Homeowners insurance (our estimate, 0.5% a year) | $94 |
| FHA mortgage insurance | $100 |
| Total per month | $1,897 |
Change the numbers in the calculator
Questions about home buying in Summit Station
What is the median home value in Summit Station?
About $226,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Summit Station?
For the median home with 20% down at 7.11%, the payment is about $1,520 a month. Keeping that under 28% of gross income takes about $65,126 a year.
More about Summit Station
- Mortgage Refinance in Summit Station
- Debt Relief in Summit Station
- Home Equity Loans in Summit Station
- 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