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Silver Summit, UT Housing

 
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As of 2010-2014, median price of a house in Silver Summit is $652,200, which is much higher than the state average of $212,500 and is much higher than the national average of $175,700. The median year that a house in Silver Summit was built is 1999, which is newer than the median year for a house built in the state which is 1984 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 917 Owner Occupied Houses in Silver Summit, UT, #4
Silver Summit, UT
652,200 USD
Utah
212,500 USD
U.S.
175,700 USD
Median House Price Growth Since 2006-2010, see rank
Silver Summit, UT
11.37%
Utah
45.45%
U.S.
46.91%

*The Silver Summit, UT median house price growth rate is since 2006-2010. The Utah and U.S population growth rate is since 2000.
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Silver Summit, UTUtahU.S.
Total Housing Units1,454, see rank, 100%999,734132,741,033
Occupied Housing Units1,101, 75.72%, see rank89.64%87.55%
Owner Occupied917, 63.07%, see rank62.48%56.34%
Renter Occupied184, 12.65%, see rank27.17%31.21%
Vacant Housing Units353, 24.28%, see rank10.36%12.45%
For Rent59, 4.06%, see rank1.67%2.34%
For Sale Only0, 0.00%, see rank1.12%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank0.65%0.92%
For Seasonal, Recreational, or Occasional Use289, 19.88%, see rank4.93%3.97%
For Migrant Workers0, 0.00%, see rank0.04%0.03%
Other Vacant5, 0.34%, see rank1.95%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #27
Silver Summit, UTUtahU.S.
199919841976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Silver Summit, UT%UtahU.S.
Owner-Occupied Units917100%624,60574,787,460
With a Mortgage74881.57%, see rank72.44%65.58%
Without a Mortgage16918.43%, see rank27.56%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Silver Summit, UT
2,867 USD
Utah
1,454 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsSilver Summit, UT%UtahU.S.
$299 or Less00.00%, see rank0.24%0.20%
$300 to $49900.00%, see rank1.52%1.59%
$500 to $69900.00%, see rank3.50%5.01%
$700 to $999476.28%, see rank12.22%14.32%
$1,000 to $1,499749.89%, see rank35.88%27.90%
$1,500 to $1,99910914.57%, see rank25.42%20.35%
$2,000 to $2,99916922.59%, see rank16.09%19.52%
$3,000 or More34946.66%, see rank5.12%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Silver Summit, UT
18.40% of the Total Income
Utah
23.50% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Silver Summit, UT%UtahU.S.
10% or Less10413.90%, see rank5.58%5.86%
10% to 20%33444.65%, see rank31.75%31.95%
20% to 30%14118.85%, see rank30.92%27.64%
30% to 40%182.41%, see rank14.45%13.74%
40% or More13618.18%, see rank16.97%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Silver Summit, UT
609 USD
Utah
386 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsSilver Summit, UT%UtahU.S.
$199 or Less00.00%, see rank6.61%7.76%
$200 to $29900.00%, see rank19.45%14.70%
$300 to $4994023.67%, see rank47.95%34.63%
$500 to $6997846.15%, see rank17.31%21.16%
$700 or More5130.18%, see rank8.68%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Silver Summit, UT
10.00% of the Total Income
Utah
10.00% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Silver Summit, UT%UtahU.S.
10% or Less11266.27%, see rank56.08%40.19%
10% to 20%3721.89%, see rank25.84%31.47%
20% to 30%74.14%, see rank8.49%12.24%
30% to 40%52.96%, see rank3.30%5.64%
40% or More84.73%, see rank5.20%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Silver Summit, UTUtahU.S.
Total Housing Units1,454, 100%999,734132,741,033
1-unit, Detached1,383, 95.12%, see rank68.72%61.65%
1-unit, Attached12, 0.83%, see rank6.02%5.82%
2 Units59, 4.06%, see rank3.28%3.75%
3 or 4 Units0, 0.00%, see rank4.50%4.43%
5 to 9 Units0, 0.00%, see rank3.38%4.78%
10 or More Units0, 0.00%, see rank10.33%13.08%
Mobile Home, Boat, RV, Van, etc.0, 0.00%, see rank3.77%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Silver Summit, UTUtahU.S.
Total Housing Units1,454, 100%999,734132,741,033
1 Room10, 0.69%, see rank1.32%1.95%
2 Rooms0, 0.00%, see rank2.17%2.48%
3 Rooms0, 0.00%, see rank6.41%9.13%
4 Rooms65, 4.47%, see rank13.89%16.60%
5 Rooms135, 9.28%, see rank15.67%20.41%
6 Rooms113, 7.77%, see rank13.45%18.06%
7 Rooms140, 9.63%, see rank12.35%12.27%
8 Rooms375, 25.79%, see rank11.52%8.48%
9 Rooms or More616, 42.37%, see rank23.22%10.60%
Median Rooms8.20, see rank6.305.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Silver Summit, UTUtahU.S.
Total Housing Units1,454, 100%999,734132,741,033
No Bedroom10, 0.69%, see rank1.41%2.17%
1 Bedroom11, 0.76%, see rank7.26%11.16%
2 Bedrooms64, 4.40%, see rank20.21%26.69%
3 Bedrooms405, 27.85%, see rank30.54%39.70%
4 Bedrooms440, 30.26%, see rank21.69%16.05%
5 or More Bedrooms524, 36.04%, see rank18.89%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Silver Summit, UTUtahU.S.
Total Housing Units1,101, 100%896,194116,211,092
Utility Gas977, 88.74%, see rank84.97%48.85%
Bottled, Tank, or LP Gas9, 0.82%, see rank2.28%4.86%
Electricity115, 10.45%, see rank10.79%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.15%5.86%
Coal or Coke0, 0.00%, see rank0.16%0.12%
Wood0, 0.00%, see rank1.19%2.12%
Solar Energy0, 0.00%, see rank0.03%0.05%
Other Fuel0, 0.00%, see rank0.32%0.47%
No Fuel Used0, 0.00%, see rank0.11%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalSilver Summit, UTUtahU.S.
Occupied Units Paying Rent177, 100%258,00839,201,928
$199 or Less0, 0.00%, see rank1.14%1.50%
$200 to $2990, 0.00%, see rank2.08%3.18%
$300 to $4990, 0.00%, see rank6.63%7.37%
$500 to $6996, 3.39%, see rank17.63%16.01%
$700 to $99918, 10.17%, see rank36.28%29.17%
$1,000 to $1,4990, 0.00%, see rank26.58%26.88%
$1,500 to $1,99984, 47.46%, see rank7.30%9.79%
$2,000 or More69, 38.98%, see rank2.34%6.10%
Median$1,884, see rank$875$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Silver Summit, UTUtahU.S.
Occupied Housing Units1,101, 100%896,194116,211,092
No Vehicles Available0, 0.00%, see rank4.60%9.12%
1 Vehicles Available139, 12.62%, see rank26.26%33.80%
2 Vehicles Available459, 41.69%, see rank41.80%37.48%
3 or More Vehicles Available503, 45.69%, see rank27.34%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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