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Summerfield, NC

Full City Profile · North Carolina · Guilford County County

3.9 /5.0
B+ Good
11,031 Population 418/sq mi density
$151,131 Median Income $67,127 per capita
$490,100 Home Value $506,862 Zillow
$1,148 Median Rent 18.8% income on rent
60°F Avg Temperature 305 sunny days/yr
477 Violent Crime/100K 3,600 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$151,131 median income, 2.0% unemployment
A+
Affordability
4.9 / 5.0
$490,100 home value, $1,148/mo rent
F
Safety
1.0 / 5.0
477 violent crimes/100K (26% above avg)
A+
Education
5.0 / 5.0
59.4% bachelor's degree or higher

Housing Overview

Median Home Value
$490,100
74% above
US avg: $281,900
Median Rent
$1,148/mo
1% below
US avg: $1,163/mo
Homeownership Rate
90.6%
39% above US avg (65.4%)
Total Housing Units
4,109
Median year built: 1998

Home Value by Source

Census Median
$490,100
Zillow (ZHVI)
$506,862
Median Sale Price
$979,900
Median List Price
$725,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

90.6%
Owner-Occupied
9.4%
Renter-Occupied
91%
9%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent: $1,148/mo

Market Indicators (Redfin)

Median Days on Market
48 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
22.2%
of listings with price reduction
Price Per Sq Ft
$196
Active Inventory
36
homes for sale

Affordability & Housing Stock

Rent Burden
18.8%
of renters spending 30%+ of income on housing
39% below US avg (31.0%)
Median Year Built
1998
Average age of housing stock: 28 years
Homeownership Rate
90.6%

Complete Housing Data

Home Values

Census Median Value$490,100
Zillow Home Value (ZHVI)$506,862
Median Sale Price$979,900
Median List Price$725,000
Price Per Sq Ft$196

Rent

Census Median Rent$1,148
FMR Studio$932
FMR 1-Bedroom$981
FMR 2-Bedroom$1,161
FMR 3-Bedroom$1,499
FMR 4-Bedroom$1,780

Market

Days on Market48
Sale-to-List Ratio1.0%
Price Drops22.2%
Homes Sold5
Active Inventory36
Price Per Sq Ft$196

Ownership & Stock

Owner-Occupied90.6%
Renter-Occupied9.4%
Homeownership Rate90.6%
Total Housing Units4,109
Median Year Built1998
Rent Burden18.8%