ZIP Code 07901 Market Report — Summit, NJ
ZIP 07901 sits in Union County inside the New York-Newark-Jersey City, NY-NJ-PA metro area. The Zillow Home Value Index tracks the typical home here at $1,398,225 as of August 2026, with a realized 12-month change of +13% — the 17th strongest growth among the 300 top US zip markets this site tracks. Everything below is real index data, not a portal estimate.
Relocating to Metro Detroit from Summit?
This report is national market data — Md Hoque's brokerage serves Metro Detroit, not Summit. If $1,398,225 median values here have you priced out, Michigan's mid-market offers a very different payment picture with down payment assistance of $10,000+ for qualifying buyers. Compare the two markets with real numbers before you decide where to buy.
07901 — questions buyers and sellers ask
What is the median home value in 07901 (Summit, NJ)?
The Zillow Home Value Index puts the typical home in 07901 at about $1,398,225 as of August 2026 (all homes, single-family and condo, seasonally adjusted). It is an index of typical value, not a substitute for a live comparative market analysis on a specific address.
How much have home prices changed in 07901 over the past year?
Over the 12 months ending August 2026, the typical home value in 07901 moved up about 13% (+2.3% over the most recent 3 months of the index). That ranks it #17 among the 300 strongest-growing zip markets tracked on this site's national report.
What metro area and county is ZIP 07901 in?
ZIP 07901 sits in Union County and belongs to the New York-Newark-Jersey City, NY-NJ-PA metro area. Its Zillow market-size rank is 5,400 of roughly 26,000 tracked zip markets — a mid-to-large pool of inventory with an active buyer and seller base.
Does Hoque Realty serve Summit, NJ?
No — Md Hoque is a licensed Michigan REALTOR® with HomeLink Realty Group serving Metro Detroit (Warren, Detroit, Macomb, Oakland and Wayne counties). This 07901 report is published as free national market data so buyers and sellers can compare markets. If you are relocating to Metro Detroit from Summit, Michigan down payment assistance of $10,000+ and a free Metro Detroit shortlist are one message away.
More top-growth zips in the New York-Newark-Jersey City area
About this report
Figures come from the Zillow Home Value Index (Zillow Research), all homes SFR+condo, seasonally adjusted and smoothed, published by Zillow Research (This information is provided by Zillow Research). The index measures typical home value — it is not an appraisal, not a list price, and not legal or financial advice. Hoque Realty publishes these national reports for market comparison and relocation research; brokerage services are offered only within Michigan.
This information is provided by Zillow Research (Zillow Home Value Index (Zillow Research), all homes SFR+condo), observation 2026-08-31. Equal Housing Opportunity. Md Hoque · REALTOR® | HomeLink Realty Group · 5701 Chicago Rd Ste A, Warren, MI 48092 · (313) 288-8905.