The housing market in 27358 Summerfield, North Carolina is thriving. With a median value of $421,900, the cost of housing in this area is significantly higher than the US median value of $338,100. Despite the high price tag for homes in Summerfield, the appreciation rate has been incredibly strong over the past year. In fact, it stands at 17.61%, which is more than double the national average of 8.27%. This indicates that housing prices in this area are on an upswing and that buyers can expect to get good returns on their investments here.
The median home cost in Summerfield (zip 27358) is $421,900. Home appreciation the last 10 years has been 85.4%. Home Appreciation in Summerfield (zip 27358) is up 23.2%.
Average Age of Homes
- The median age of Summerfield (zip 27358) real estate is 23 years old
The Rental Market in Summerfield (zip 27358)
- Renters make up 9.9% of the Summerfield (zip 27358) population
- 0.0% of houses and apartments in Summerfield (zip 27358), 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.