The Summit View Lakes housing market is very competitive. The median sale price of a home in Summit View Lakes was $445K last month, down 5.2% since last year.
What is the housing market like in Summit View Lakes today?
In January 2025, Summit View Lakes home prices were down 5.2% compared to last year, selling for a median price of $445K. On average, homes in Summit View Lakes sell after 67 days on the market compared to 66 days last year. There were 4 homes sold in January this year, up from 2 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$445,000
-5.2% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Summit View Lakes, TX
$445,000
-5.2%
United States
To compare other locations to the Summit View Lakes and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in McKinney add value to a home.
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How hot is the Summit View Lakes housing market?
Summit View Lakes is very competitive. Homes sell in 12 days.
0
100
88
Very 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 12 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 12% above list price and go pending in around 12 days.
Hot homes
can sell for about 17% above list price and go pending in around 8 days.
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Summit View Lakes, TX
99.5%
+5.1 pt
United States
Schools in Summit View Lakes
Learn about schools in the Summit View Lakes area
Elementary
Middle
High
GreatSchools Rating
No elementary schools in this region.
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 View Lakes housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Summit View Lakes.
Flood Factor - Minor
8% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Summit View Lakes has a minor risk of flooding. 32 properties in Summit View Lakes are likely to be
severely affected
by flooding over the next 30 years. This represents 8% of all properties in Summit View Lakes. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Summit View Lakes has a major risk of wildfire. There are 393 properties in Summit View Lakes that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Summit View Lakes.
67% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Summit View Lakes has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Summit View Lakes is most at risk from hurricanes. 266 properties in Summit View Lakes have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 78 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 86 mph.
100% of properties are at severe
risk of heat over the next 30 years
Heat Factor
Summit View Lakes has a severe risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Summit View Lakes have a Severe Heat Factor®.
Summit View Lakes is expected to see a 228% increase in the number of days over 110ºF over the next 30 years. Summit View Lakes is expected to experience 6