The Summit-University housing market is somewhat competitive. The median sale price of a home in Summit-University was $305K last month, up 2.0% since last year. The median sale price per square foot in Summit-University is $218, up 3.1% since last year.
What is the housing market like in Summit-University today?
In January 2025, Summit-University home prices were up 2.0% compared to last year, selling for a median price of $305K. On average, homes in Summit-University sell after 54 days on the market compared to 49 days last year. There were 46 homes sold in January this year, up from 29 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$305,000
+2.0% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Summit-University, MN
$305,000
+2.0%
United States
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How hot is the Summit-University housing market?
Summit-University is somewhat competitive. Homes sell in 58 days.
0
100
46
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 58 days.
Hot homes
can sell for around list price and go pending in around 24 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Summit-University housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Summit-University.
Flood Factor - Minor
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Summit-University has a minor risk of flooding. 132 properties in Summit-University are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Summit-University. Flood risk is increasing faster than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Summit-University has a moderate risk of wildfire. There are 1 properties in Summit-University that have some risk of being affected by wildfire over the next 30 years. This represents <1% of all properties in Summit-University.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Summit-University has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Summit-University is most at risk from severe storms. 3,613 properties in Summit-University have some risk of being in a severe wind event within the next 30 years.
100% of properties are at minor
risk of heat over the next 30 years
Heat Factor
Summit-University has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Summit-University have a Minor Heat Factor®.
Summit-University is expected to see a 114% increase in the number of days over 99ºF over the next 30 years. Summit-University is expected to experience 8