Summerfield Housing Market Report March 2025•Guilford County, North Carolina

hero building illustration for mobile

Housing Prices in Summerfield, NC

How much do homes in Summerfield, NC cost?

Housing Market Conditions

Is Summerfield, NC a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Summerfield is a Seller's Market

Difference Since March 2024

Since last year, Summerfield has remained a Seller's Market.

Insight

Summerfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$619,500$200/SqFt
+$45,318
+7.9%

Based on all homes sold in the last 12 months

Insight

Homes in Summerfield have sold for 7.9% more than they did a year ago.

Summary: The median home sold price in Summerfield was $619,500 in March 2025, up 7.9% from last year, and the median price per square foot was $200.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Summerfield
+7.9%
Stokesdale
+3.8%
Center Grove Township
+2.4%
Bruce Township
+0.8%
Oak Ridge
-2.6%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2024Mar 2025Change YoY
1$180K-
N/A
2$239.9K$215K
-10.4%
3$412.5K$455K
+10.3%
4$730K$725K
-0.7%
5$801.4K$585K
-27.0%

Summary: Summerfield housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -10.4%. The home price for 3 bedroom homes increased by +10.3%. The home price for 4 bedroom homes decreased by -0.7%. The home price for 5 bedroom homes decreased by -27.0%.

How does Summerfield, NC compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Summerfield, NC

Housing supply in Summerfield, NC

How many homes are available in Summerfield, NC?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
71Last MonthMar 2025
532 months agoFeb 2025
+34.0 %
Change MoMFeb – Mar

Summary: The Summerfield real estate market had 71 homes for sale in Mar 2025, a 34.0 % increase compared to Feb 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
14Last MonthMar 2025
92 months agoFeb 2025
+55.6 %
Change MoMFeb – Mar

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
100
0.0%
233
0.0%
31823
+27.8%
42841
+46.4%
544
0.0%

Summary: Summerfield housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +27.8%. The inventory for 4 bedroom homes increased by +46.4%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Summerfield, NC cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price3 Homes

At Asking Price2 Homes

Under Asking Price9 Homes

Insight

If you're buying a home in Summerfield, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Summerfield in March 2025, up by 55.6% month-over-month. Of the 14 sold homes, 64% were sold under asking, 14% were sold at asking, and and 21% were sold over asking.

Days on Market for Summerfield, NC

How long does it take to sell a home in Summerfield, NC?

Breakdown of Home Sale Times

Under 30 Days10 Homes

30 – 90 Days1 Home

Over 90 Days3 Homes

Insight

Many homes in Summerfield are selling fast, if you're buying plan to act quickly.

Summary: During March 2025, 14 homes were sold in Summerfield; 71% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
46 DaysThis YearMar 2025
34 Days1 year agoMar 2024
+32.7 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Summerfield had an average listing age of 46 days in Mar 2025, up by 32.7% compared to the previous year.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in Summerfield, NC

What homes are available in Summerfield, NC?

See More Listings

Nearby markets

Popular Cities with Homes for Sale in North Carolina

MLS Disclaimers and Copyright

Based on information from Triad MLS Inc, and Doorify MLS for the period 04/01/2023 - 04/01/2025

IDX Copyright © 2025 Triad Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. This site will be monitored for ‘scraping’ and any use of search facilities of data on the site other than by potential buyers/sellers is prohibited. All Sale data is for informational purposes only and is not an indication of a market analysis or appraisal. Properties marked with the Triad MLS, Inc. icon are provided courtesy of the Triad MLS, Inc.’s, Internet Data Exchange Database.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/3/2025, 11:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.

Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/3/2025, 11:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.