Why Live in Summit Place
Summit Place in Oklahoma City is a residential neighborhood characterized by neat, closely spaced brick homes built in the mid-1980s. The area features a mix of ranch-style, raised ranch-style, and contemporary two-story homes, many with traditional and Tudor Revival-inspired designs. Residents enjoy amenities such as two pools, a playground, and two tennis courts within the neighborhood. For outdoor activities, Lake Hefner is about 4 miles southeast, offering sailing, fishing, biking trails, and a golf course. Stars and Stripes Park, located 6 miles away, provides additional recreational options with walking paths, a skatepark, and a playground. Nature enthusiasts can explore Martin Park Nature Center and Bluff Creek Park, both about 3 miles east. Summit Place is conveniently located near essential services and dining options, with Homeland, Crest Foods, and Walmart less than a mile away. Local dining includes Tucker’s Onion Burgers and San Marcos Mexican Restaurant, while Louie’s and Redrock on Lake Hefner offer more dining choices. The neighborhood hosts community events like an annual garage sale and Fourth of July celebrations. Major roads such as the John Kilpatrick Turnpike and I-235 provide access to downtown OKC, 19 miles away, and Will Rogers World Airport, also 19 miles south. Schools in the area include Ralph Downs Elementary and Putnam City North High School, both highly rated. Summit Place has a crime rate lower than the national average, making it a safer option for residents.
Frequently Asked Questions
Is Summit Place a good place to live?
Summit Place is a good place to live. Summit Place is considered car-dependent and somewhat bikeable with minimal transit options. Summit Place is a suburban neighborhood. Summit Place has 7 parks for recreational activities. It is somewhat dense in population with 7.7 people per acre and a median age of 45. The average household income is $109,691 which is above the national average. College graduates make up 45.8% of residents. A majority of residents in Summit Place are home owners, with 26% of residents renting and 74% of residents owning their home. A
local real estate agent serving Summit Place can help you decide if this neighborhood is the right one for you. Learn more on our
Summit Place neighborhood guide.
How much do you need to make to afford a house in Summit Place?
The median home price in Summit Place is $390,000. If you put a 20% down payment of $78,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $2,020 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $87K a year to afford the median home price in Summit Place. The average household income in Summit Place is $110K.
What are the best public schools in Summit Place?
The best public schools that serve Summit Place are:
What are the best private schools in Summit Place?
The best private schools that serve Summit Place are:
What are the most popular zip codes in Summit Place, Oklahoma City, OK?
What are the most popular neighborhoods near Summit Place, Oklahoma City, OK?
Home Trends in Summit Place, OK
On average, homes in Summit Place, Oklahoma City sell after 18 days on the market compared to the national average of 70 days. The median sale price for homes in Summit Place, Oklahoma City over the last 12 months is $255,000.
Median Sale Price
$255,000
Median Single Family Sale Price
$227,500
Median Townhouse Sale Price
$445,000
Average Price Per Sq Ft
$242
Number of Homes for Sale
1
Last 12 months Home Sales
5
Median List Price
$390,000
Median Change From 1st List Price
4%