Summerfield, NC is a great place to invest in housing. The median value of houses in the area is $420,600, which is significantly higher than the US median value of $338,100. The appreciation rate for homes in Summerfield has been strong over the past year at 17.59%, significantly above the national average of 8.27%. This means that homeowners can expect their properties to increase in value faster than the rest of the country. Investing in housing in Summerfield is a smart move for anyone looking to build wealth and maximize their return on investment.
The median home cost in Summerfield is $420,600. Home appreciation the last 10 years has been 85.3%. Home Appreciation in Summerfield is up 22.9%.
Average Age of Homes
- The median age of Summerfield real estate is 22 years old
The Rental Market in Summerfield
- Renters make up 10.3% of the Summerfield population
- 0.0% of houses and apartments in Summerfield, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.