Village in Waukesha County, Wisconsin. Data-backed housing guide by Kinan Sawar, MD — REALTOR® at Shorewest, REALTORS®. Figures as of 2026-07-03.
| Typical home value | $765,778 |
|---|---|
| 1-year change | +7.6% |
| 5-year change | +27.6% |
| Typical rent | not published |
The typical home in Summit, Wisconsin is worth about $765,778 as of 2026-07-03, up 7.6% over the past year and up 27.6% over five years. Source: Zillow Home Value Index, compiled by Sawar Homes.
Summit is the second-priciest of Waukesha County's 27 tracked municipalities. The typical home value stands at $765,778 as of April 30, 2026 — $231,676 above the county median of $534,102 and about 68% above the seven-county regional median of $455,834.
The village anchors a tight cluster of high-value Lake Country markets. Delafield sits less than $9,000 behind at $757,187. Nashotah ($727,339), Elm Grove ($697,367), and Hartland ($669,294) round out the nearby peer set. Only one municipality in the county carries a higher typical value.
Growth has been steady rather than flat. Values rose 7.6% over the past year and 27.6% over the past five.
At $765,778, the typical Summit home carries a roughly 43% premium over the Waukesha County median. Against the seven-county regional median, the gap is about $310,000. A rank of 2 of 27 puts Summit above every county peer except one.
The one-year gain of 7.6% runs ahead of the average annual pace implied by the five-year figure of 27.6%, which works out to roughly 5% per year compounded. In plain terms, the most recent year outpaced the five-year trend. Past appreciation does not guarantee future results.
Peer pricing is unusually compressed at the top of this county. Four nearby municipalities — Delafield, Nashotah, Elm Grove, and Hartland — all sit within about $97,000 of Summit's typical value, so cross-shopping the Lake Country tier is realistic at this price point.
| Homes sold (arms-length, single-family) | 94 |
|---|---|
| Median sale price | $626,250 |
| Middle 50% of sales | $360,250 to $800,000 |
| Government-backed financing (FHA/VA/USDA) | 0% |
| Seller-financed | 0% |
Over the 12 months ending June 2026, 94 single-family homes sold in Summit, Wisconsin in arms-length transactions, at a median price of $626,250. Half of those sales fell between $360,250 and $800,000. Source: Wisconsin Department of Revenue real estate transfer returns, compiled by Sawar Homes — every recorded sale, including for-sale-by-owner and builder-direct transactions that never appear in the MLS.
Zillow’s typical-home-value estimate for Summit is $765,778, while homes that actually changed hands had a median price of $626,250 — a difference of -18.2%. These measure different things, and neither is wrong: the index estimates the value of every home whether or not it sold, while the sale figure reflects only the homes that changed hands, which usually skew toward the more affordable end of the market.
Buyers should budget for a market that clears well above county norms. The typical value of $765,778 is $231,676 over the Waukesha County median, and the nearest lower-priced peers — Delafield at $757,187 and Nashotah at $727,339 — do not offer much relief. If the Summit number stretches the budget, Hartland's $669,294 typical value is the lowest in the listed peer set while staying in the same general tier.
Sellers can lean on a 7.6% one-year gain and a No. 2 county rank when pricing from recent comparable sales. The compressed peer cluster cuts both ways: buyers comparing Summit against Delafield or Nashotah have credible alternatives within a few percent of your price, so positioning against those markets matters. Appreciation to date does not guarantee what any specific property will sell for.
Summit spreads across rolling Lake Country terrain between I-94 and the Kettle Moraine, taking in Silver Lake along with the Nashotah and Nemahbin chain of lakes on its eastern side. Aurora Medical Center Summit stands at the I-94 and Highway 67 interchange near the Pabst Farms development, while most of the village remains lakeshore, woods, and farm fields, with downtown Oconomowoc just to the north.
$765,778 as of April 30, 2026. That is $231,676 above the Waukesha County median of $534,102 and about 68% above the seven-county regional median of $455,834.
Values rose 7.6% over the past year and 27.6% over the past five years, per data through April 30, 2026. Past growth does not guarantee future results.
By typical home value, yes — Summit ranks 2 of 27 municipalities tracked in Waukesha County.
Summit's typical value is $765,778 versus $757,187 in Delafield — a difference of about $8,600, or roughly 1%.
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Kinan Sawar, MD — REALTOR® at Shorewest, REALTORS®, serving Milwaukee and Southeast Wisconsin (Milwaukee, Waukesha, Ozaukee, Washington, Racine, Kenosha, and Walworth counties). Email: [email protected] · Phone: (618) 713-2964.
How to choose a real estate agent in Summit and Milwaukee — a five-question checklist
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Home values and rents are Zillow ZHVI/ZORI estimates for the named area, as of 2026-07-03; incomes and population are U.S. Census (SAIPE, Population Estimates); migration is IRS Statistics of Income. Area-level statistical estimates for information only — not an appraisal, and not financial, legal, or tax advice.