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  4. /Kernersville, NC - 27284

Kernersville, NC—27284

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$324,000
1.5% YoY Growth
Household Income
$80,700
32.2% YoY Growth
Days on Market
45
6.0% Shorter YoY
Home Price Forecast
1.4%
Median Rent
$1,900
1.1% YoY Growth
1-Bed Rent
$1,300
45.3% YoY Growth
2-Bed Rent
$1,100
8.5% YoY Growth
3-Bed Rent
$2,000
9.1% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Kernersville, NC

As of May '26, the median home price in Kernersville, NC is $324,000, with a year-over-year change of 1.5%. This indicates that home prices in Kernersville, NC are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$324,0001.5%
Single Family $328,0001.2%
Condos $154,0000.7%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • $128,000
    0.0%
    2 Bed
    		$200,0001.5%
    3 Bed
    		$307,0001.7%
    4 Bed
    		$415,0000.5%
    5 Bed $462,446-0.9%
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    % of Housing Stock

    Studio
    1.0%
    1 Bedroom
    7.6%
    2 Bedrooms
    20.2%
    3 Bedrooms
    48.3%
    4 Bedrooms
    19.7%
    5+ Bedrooms
    3.2%

    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.

    TypeMedian RentAverage Rent
    Average Rent$1,900$1,770
    Studio Rent N/AN/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
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    % of Rental Stock

    Studio
    3.1%
    1 Bedroom
    25.0%
    2 Bedrooms
    42.0%
    3 Bedrooms
    25.5%
    4 Bedrooms
    4.3%
    5+ Bedrooms
    0.1%

    Property Listings — Kernersville, NC

    As of May '26, Realtor.com reports that the median days on market for a home in Kernersville, NC is 45. This is a decrease of -6.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$375,000-4.0%
    Listing Count
    		315-2.0%
    Listings as % of Homes0.7%-2.0%
    Days on Market
    		45-6.0%
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    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.

    MetricLatest CensusYoY % Change
    Population
    		57,1005.0%
    % Under 18
    		21.5%-2.7%
    % Seniors
    		18.4%7.6%
    % WFH
    		11.9%147.9%
    % w/ College Degree
    		34.0%9.0%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax 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

    MetricZip Code Average
    Home Price to Income Ratio3.8
    Median Home Price$324,000
    Median Household Income$80,700

    Kernersville, NC — ZIP Code Boundary Map

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    Frequently Asked Questions