New - 5 days on Rocket
$7,719 Closing Credit¹
Nicole Gillespie, Listing Office: RE/MAX Realty Consultants
Summerfield Housing Market Report December 2024•Guilford County, North Carolina
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?
Seller'sMarket
Buyer'sMarket
Summerfield is a Seller's Market
Difference Since December 2023
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
$585,000$200/SqFt
+$17,522
+3.1%
Based on all homes sold in the last 12 months
Insight
Homes in Summerfield have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in Summerfield was $585,000 in December 2024, up 3.1% from last year, and the median price per square foot was $200.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Stokesdale | $440.9K | $479.2K | +8.7% |
| Summerfield | $567.4K | $585K | +3.1% |
| Bruce Township | $564.9K | $557.5K | -1.3% |
| Oak Ridge | $635K | $621.9K | -2.0% |
| Center Grove Township | $635K | $604K | -4.9% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 22 Bedrooms | $216.9K | $215K | -0.9% |
| 33 Bedrooms | $414K | $426.2K | +3.0% |
| 44 Bedrooms | $705K | $759K | +7.7% |
| 55+ Bedrooms | $801.4K | $585K | -27.0% |
| 11 Bedroom | - | $180K | N/A |
Summary: Summerfield housing price by bedroom type for December 2024, compared to the previous year. The home price for 2 bedroom homes decreased by -0.9%. The home price for 3 bedroom homes increased by +3.0%. The home price for 4 bedroom homes increased by +7.7%. The home price for 5 bedroom homes decreased by -27.0%. The home price for 1 bedroom homes did not change.
Housing supply in Summerfield, NC
How many homes are available in Summerfield, NC?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 46Last MonthDec 2024 | ||
| 582 months agoNov 2024 | -20.7 % Change MoMNov – Dec |
Summary: The Summerfield real estate market had 46 homes for sale in Dec 2024, a 20.7 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 8Last MonthDec 2024 | ||
| 152 months agoNov 2024 | -46.7 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 22 Bedrooms | 1 | 1 | 0.0% |
| 33 Bedrooms | 12 | 10 | -16.7% |
| 44 Bedrooms | 41 | 30 | -26.8% |
| 55+ Bedrooms | 4 | 5 | +25.0% |
| 11 Bedroom | 0 | 0 | 0.0% |
Summary: Summerfield housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -16.7%. The inventory for 4 bedroom homes decreased by -26.8%. The inventory for 5 bedroom homes increased by +25.0%. The inventory for 1 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Summerfield, NC cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price6 Homes
Insight
If you're buying a home in Summerfield, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Summerfield in December 2024, down by 46.7% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and and 13% 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 Days4 Homes
30 – 90 Days2 Homes
Over 90 Days2 Homes
Insight
Many homes in Summerfield are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 8 homes were sold in Summerfield; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 69 DaysThis YearDec 2024 | ||
| 23 Days1 year agoDec 2023 | +194.4 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Summerfield had an average listing age of 69 days in Dec 2024, up by 194.4% 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?
New - 7 days on Rocket
$10,000 Closing Credit¹
Jack Bickham, Listing Office: Otey Homes and Land
$6,353 Closing Credit¹
Karmen Quakenbush, Listing Office: RE/MAX Realty Consultants
$6,234 Closing Credit¹
Pamela Harper, Listing Office: Coldwell Banker Advantage
Amy Didier, Listing Office: Allen Tate Winston Salem
Linda Lanier, Listing Office: Realty One Group Results Whitsett
Linda Lanier, Listing Office: Realty One Group Results Whitsett
$9,488 Closing Credit¹
Juan Flores, Listing Office: House Trackers Realty, Inc.
Matthew Millaway, Listing Office: eXp Realty
$3,800 Closing Credit¹
Bruce Thomas, Listing Office: United Realty Group Inc
$5,759 Closing Credit¹
Karen Kimrey, Listing Office: Triad's Finest Real Estate by eXp Realty
Amy Foy, Listing Office: Berkshire Hathaway HomeServices Yost & Little Realty
Popular Cities with Homes for Sale in North Carolina
- Homes for sale in Apex, NC
- Homes for sale in Asheville, NC
- Homes for sale in Cary, NC
- Homes for sale in Charlotte, NC
- Homes for sale in Clayton, NC
- Homes for sale in Concord, NC
- Homes for sale in Durham, NC
- Homes for sale in Fayetteville, NC
- Homes for sale in Greensboro, NC
- Homes for sale in Greenville, NC
- Homes for sale in Hendersonville, NC
- Homes for sale in Hickory, NC
- Homes for sale in High Point, NC
- Homes for sale in Huntersville, NC
- Homes for sale in Jacksonville, NC
- Homes for sale in Mooresville, NC
- Homes for sale in New Bern, NC
- Homes for sale in Raleigh, NC
- Homes for sale in Wilmington, NC
- Homes for sale in Wilson, NC
- Homes for sale in Winston-Salem, NC
MLS Disclaimers and Copyright
Based on information from Triad MLS Inc, for the period 01/01/2023 - 01/01/2025
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: 1/18/2025, 1:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.