Kernersville, NC—27284
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kernersville, NC
As of Oct '25, the median home price in Kernersville, NC is $317,000, with a year-over-year change of 0.9%. This indicates that home prices in Kernersville, NC are flat. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $317,000 | 0.9% |
| Single Family | $321,000 | 1.6% |
| Condos | $154,000 | -1.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $132,000 | 0.0% |
2 Bed | $197,000 | 1.5% |
3 Bed | $302,000 | 1.0% |
4 Bed | $410,000 | 1.7% |
| 5 Bed | $461,000 | 1.8% |
% of Housing Stock
Rental Trends — Kernersville, NC
As of July '25, Rentcast reports the average rent in Kernersville, NC is $1,770, with a year-over-year rent change of -1.1%. Per bedroom, the median rent as of July '25 in Kernersville, NC is 1-bedrooms: $1,180, 2-bedrooms: $1,180, 3-bedrooms: $2,040, 4-bedrooms: $2,270. The most common rental property sizes in Kernersville, NC are 2-bedroom and 3-bedroom, accounting for 42.0% and 25.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $1,770 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,300 | $1,180 |
| 2 Bed Rent | $1,100 | $1,180 |
| 3 Bed Rent | $2,000 | $2,040 |
| 4 Bed Rent | $2,260 | $2,270 |
% of Rental Stock
Property Listings — Kernersville, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Kernersville, NC is 58. This is a increase of 2.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $374,000 | 1.0% |
Listing Count | 312 | 16.0% |
| Listings as % of Homes | 0.7% | 16.0% |
Days on Market | 58 | 2.0% |
Demographics — Kernersville, NC
As of the latest ACS Survey released in 2023, Kernersville, NC has a population of 57,100, which has increased by 5.0% over the past 5 years. Kernersville, NC is a moderately popular place for families, as children make up 21.5% of the population. The area has a moderately educated workforce, with 34.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 57,100 | 5.0% |
% Under 18 | 21.5% | -2.7% |
% Seniors | 18.4% | 7.6% |
% WFH | 11.9% | 147.9% |
% w/ College Degree | 34.0% | 9.0% |
As of the latest ACS Survey released in 2023, Kernersville, NC is a predominantly white area, with 70.7% of the population identifying as white. The white population has shrunk by 3.8% in the last 5 years. The second most common race or ethnicity in Kernersville, NC is black, making up 12.9% of the population. Foreign-born residents account for 7.3% of the population in Kernersville, NC, and this percentage has decreased by 15.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 70.7% | -3.8% |
% Black | 12.9% | 17.3% |
% Hispanic | 10.8% | -6.9% |
% Asian | 2.8% | 33.3% |
% Foreign Born | 7.3% | -15.1% |
Mortgage and Risk — Kernersville, NC
According to HUD data as of 2023, there were 1385 mortgage originations in Kernersville, NC, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Kernersville, NC. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,385 |
% Conventional Loans | 79.0% |
% Government Loans | 21.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Kernersville, NC
As of 2024, the percent of homes in Kernersville, NC under the Section 8 program is 2.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Kernersville, NC, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 207 |
Total Units Section 8 | 205 |
% Rentals under Section 8 | 2.9% |
% Occupied Section 8 | 79.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$240 | $1,300 | $1,060 |
| 2 Bedroom | $140 | $1,100 | $1,240 |
| 3 Bedroom | -$370 | $2,000 | $1,630 |
| 4 Bedroom | -$350 | $2,260 | $1,910 |
Affordability — Kernersville, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $317,000 |
| Median Household Income | $80,700 |