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Condo Foreclosures in Summerfield, NC

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Summerfield, NC Foreclosures

How much do homes sell for in Summerfield, NC?
The average home price is currently $454,097.
In Summerfield, NC, how many homes are available?
There are currently 43 active home listings available in Summerfield.
What’s the average rental cost in Summerfield, NC?
The average rental price in Summerfield is $1,560.
What is the most expensive home in Summerfield?
The most expensive home sold in Summerfield had a price of $5,836,798.
What is currently the cheapest priced home in Summerfield, NC?
The cheapest home for sale in Summerfield is priced at $15,700.

Living in Summerfield, NC

Summerfield, NC is a charming suburb near Greensboro known for its beautiful landscapes and a laid-back lifestyle. With a strong community spirit and excellent schools, it is perfect for families and individuals looking for peace away from city life. Summerfield offers plenty of outdoor recreation and local amenities to enjoy.

Current Market Conditions in Summerfield, NC

Summerfield's real estate market has been seeing a steady increase in demand, fueled by its reputation for good schools and a high quality of life. Average home prices have gradually risen as more families move to the area for its suburban charm. Homes listed in the area are often in high demand and tend to sell quickly, especially those that offer modern amenities and good outdoor space.

The rental market has also been actively growing, with more investors looking to capitalize on the area's desirability. Properties that are well-maintained and strategically located are yielding good returns for landlords.

Home Value Estimator For Summerfield, NC

There are currently 5,876 real estate properties in Summerfield, NC, with a median automated valuation model (AVM) price of $398,291.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Summerfield, NC, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Summerfield, NC, is $454,097.00, with the most expensive house in Summerfield, NC, topping out at $5,836,798.00 and the cheapest home in Summerfield, NC, clocking in at $15,700.00. In other words, there’s something for every potential homebuyer or savvy investor in Summerfield, NC!

Rent Prices In Summerfield, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Summerfield, NC, is on a rollercoaster ride. The average rent price in Summerfield, NC, is $1,560.00. Indeed, when looking to rent in Summerfield, NC, you can expect to pay as little as $460.00 or as much as $2,700.00, with the average rent median estimated to be $1,510.00. The good news is that finding an affordable and desirable property to rent in Summerfield, NC -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Summerfield, NC Condos


Market Trend for Summerfield, NC

Total Listings Available: 43

Market Values:

Home Prices from $15,700 to $5,836,798

Average Sales Price: $454,097

Rental Values:

Rental from $460 to $2,700

Average Rent Value: $1,560 / month

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