Summerfield, NC 27358 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Summerfield, NC—27358

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$492,000

2.7% YoY Growth

Household Income

$129,000

41.7% YoY Growth

Days on Market

13.0% Shorter YoY

Home Price Forecast

1.5%

Median Rent

$2,000

6.2% YoY Growth

1-Bed Rent

$1,050

6.2% YoY Growth

2-Bed Rent

$1,100

N/A

3-Bed Rent

$2,900

40.2% YoY Growth

Home Price Trends — Summerfield, NC

As of Dec '25, the median home price in Summerfield, NC is $492,000, with a year-over-year change of 2.7%. This indicates that home prices in Summerfield, NC are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$492,000	2.7%
Single Family	$494,000	2.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Summerfield, NC

As of July '25, Rentcast reports the average rent in Summerfield, NC is $2,270, with a year-over-year rent change of -6.2%. Per bedroom, the median rent as of July '25 in Summerfield, NC is 1-bedrooms: $1,050, 2-bedrooms: $1,400, 3-bedrooms: $2,720. The most common rental property sizes in Summerfield, NC are 3-bedroom and 2-bedroom, accounting for 43.6% and 41.2% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,000	$2,270
Studio Rent	N/A	N/A
1 Bed Rent	$1,050	$1,050
2 Bed Rent	$1,100	$1,400
3 Bed Rent	$2,900	$2,720
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

4.3%

2 Bedrooms

41.2%

3 Bedrooms

43.6%

4 Bedrooms

10.9%

Property Listings — Summerfield, NC

As of Dec '25, Realtor.com reports that the median days on market for a home in Summerfield, NC is 58. This is a decrease of -16.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$690,000	-5.0%
Listing Count	73	45.0%
Listings as % of Homes	0.9%	45.0%
Days on Market	81	-13.0%

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Demographics — Summerfield, NC

As of the latest ACS Survey released in 2023, Summerfield, NC has a population of 15,300, which has remained stable by 0.7% over the past 5 years. Summerfield, NC is a moderately popular place for families, as children make up 24.2% of the population. The area has a highly educated workforce, with 51.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	15,300	0.7%
% Under 18	24.2%	0.0%
% Seniors	14.4%	6.7%
% WFH	20.4%	264.3%
% w/ College Degree	51.4%	19.5%

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As of the latest ACS Survey released in 2023, Summerfield, NC is a predominantly white area, with 79.6% of the population identifying as white. The white population has shrunk by 12.0% in the last 5 years. The second most common race or ethnicity in Summerfield, NC is hispanic, making up 6.8% of the population. Foreign-born residents account for 10.2% of the population in Summerfield, NC, and this percentage has increased by 229.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	79.6%	-12.0%
% Black	4.2%	55.6%
% Hispanic	6.8%	65.9%
% Asian	6.0%	185.7%
% Foreign Born	10.2%	229.0%

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Mortgage and Risk — Summerfield, NC

According to HUD data as of 2023, there were 229 mortgage originations in Summerfield, NC, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Summerfield, NC. Investor activity is low, as 0.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	229
% Conventional Loans	90.0%
% Government Loans	10.0%
% Investor Loans	0.0%
% Second Loans	1.0%
% Cash Out Refinance	6.0%

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Rentals and Section 8 — Summerfield, NC

Summerfield, NC lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	N/A
Total Units Section 8	N/A
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$110	$1,050	$1,160
2 Bedroom	$230	$1,100	$1,330
3 Bedroom	-$1,220	$2,900	$1,680
4 Bedroom	N/A	N/A	$1,900

Summerfield, NC—27358

Key Metrics at a Glance

Home Price Trends — Summerfield, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Summerfield, NC

% of Rental Stock

Property Listings — Summerfield, NC

Demographics — Summerfield, NC

Race and Ethnicity

Mortgage and Risk — Summerfield, NC

Mortgages

Rentals and Section 8 — Summerfield, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Summerfield, NC

Home Price to Income Ratio

Summerfield, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Greensboro, NC

Stokesdale, NC

Greensboro, NC

Oak Ridge, NC

Greensboro, NC

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.5
Median Home Price	$492,000
Median Household Income	$129,000

Summerfield, NC—27358

Key Metrics at a Glance

Home Price Trends — Summerfield, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Summerfield, NC

% of Rental Stock

Property Listings — Summerfield, NC

Demographics — Summerfield, NC

Race and Ethnicity

Mortgage and Risk — Summerfield, NC

Mortgages

Rentals and Section 8 — Summerfield, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Summerfield, NC

Home Price to Income Ratio

Summerfield, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Greensboro, NC

Stokesdale, NC

Greensboro, NC

Oak Ridge, NC

Greensboro, NC

Frequently Asked Questions

What is the average home price in Summerfield, NC 27358?

How have home prices in Summerfield, NC 27358 changed over the past year?

What is the home price projection for Summerfield, NC 27358?

What are the demographics of Summerfield, NC 27358?

How long does it take homes to sell in Summerfield, NC 27358?

What is the average rent price in Summerfield, NC 27358?