Summerfield, NC Home Values & Market Trends
Real estate market trends reflect that there have been 237 transactions over the past year in Summerfield. The median value for residential home transactions that occurred over the previous year is $505,496.58. The number of current listings in Summerfield is 22, and the percentage of properties for sale in the city is 22.00%. Summerfield, NC currently has 3 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 22 properties for sale.
Summerfield, NC Real Estate Market Overview
Zip | Median Est. Value |
---|---|
27358 | $ 621,425 $ 183/sqft |
Housing Market Summary for Summerfield, NC
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $619.5K | $495K | -20.10% |
Median Sold Price | $461.7K | $495K | 7.20% |
Homes For Sale | 10 | 18 | 80.00% |
Homes Sold | 133 | 106 | -20.30% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Summerfield, NC
Browse Homes in Summerfield, NC
Summerfield home values range from $12,730 to $6,699,157. The median estimated value of a home in Summerfield is $505,496.58. The median list price of a home is 662,495, and the total count of properties in the city is 5,889.
- Pre-ForeclosurePre-foreclosure homes account for 0.02% of all residential properties in Summerfield, NC with 27358 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Summerfield, NC; of that zips, the estimated home value for pre-foreclosure homes ranges from $265,966 in 27358 to the lowest home value of $265,966 in 27358.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Summerfield, NC ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Summerfield, NC. There is 1 zips within Summerfield, NC; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions27358 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Summerfield, NC. Auction homes and other auction properties account for 0.03% of all properties in Summerfield, NC. There is 1 zips within Summerfield, NC; of that zips, the median estimated home value for homes going to auction ranges from $245,000 in 27358 to the lowest value of $245,000 in 27358.
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More Real Estate Resources for Summerfield, NC
Guide for Summerfield, NC
North Carolina Foreclosure Laws
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