Summerfield, NC
Housing market overview · Updated weekly
$979,900median sale price
Homes sold
5
Last 12 weeks
Days on market
48
Average pace
Active listings
36
7.2 months supply
Sale-to-list
97.5%
Below asking
The Summerfield housing market is currently classified as a buyer's market with a median sale price of $979,900. Prices have risen 74.4% compared to last year, with homes spending an average of 48 days on market, indicating 7.2 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Summerfield
There are currently 36 homes listed for sale in Summerfield, North Carolina. The median listing price is $725K.
Active listings
36
Homes on market
Median list price
$725K
Avg. days on market
48
Days until sale
New this week
9
Newly listed
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Frequently asked questions
What is the average home price in Summerfield?
The median home sale price in Summerfield is $979,900, up 74.4% from last year.
How long do homes stay on market in Summerfield?
Homes typically spend 48 days on market before going under contract.
Is Summerfield a buyer's or seller's market?
With 7.2 months of supply, Summerfield is currently a buyer's market.
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