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Foreclosure Homes 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 $455,484.
In Summerfield, NC, how many homes are available?
There are currently 14 active home listings available in Summerfield.
What’s the average rental cost in Summerfield, NC?
The average rental price in Summerfield is $1,561.
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 $15,677.

Living in Summerfield, NC

Summerfield, NC is a charming suburban town known for its community spirit and family-friendly atmosphere. Located just a short drive from Greensboro, it offers a perfect balance of small-town charm and access to metropolitan amenities. Residents benefit from excellent schools and beautiful parks, making it an ideal place to call home.

Current Market Conditions in Summerfield, NC

The Summerfield real estate market has been gaining traction over the past few years, with an increase in home values and buyer interest. This upward trend is primarily driven by young families looking for spacious properties and good schools in a serene environment.

Recent trends indicate that homes in Summerfield are selling more quickly due to limited inventory and high demand. The market is competitive, and homes that are well-maintained and priced correctly tend to receive multiple offers.

Home Value Estimator For Summerfield, NC

There are currently 5,888 real estate properties in Summerfield, NC, with a median automated valuation model (AVM) price of $399,499.00. 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 $455,484.00, 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 $15,677.00. 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 $1,561.00. 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 Foreclosures


Market Trend for Summerfield, NC

Total Listings Available: 14

Market Values:

Home Prices from $15,677 to $5,836,798

Average Sales Price: $455,484

Rental Values:

Rental from $460 to $2,700

Average Rent Value: $1,561 / month

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