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Housing in Summerfield

134 homes sold in Summerfield in the last year, at a typical $652K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Summerfield homes are listed.

Homes sold
134
June 2025 to May 2026
Typical sale price
$652K
median, weighted by sales
Price per square foot
$206
North Carolina $207
Paid vs. asking
98.6%
20% sold over asking
For sale now
39
May 2026 · 15 sold that month
What sold · last 12 months

Houses are 98% of Summerfield’s sales, at a typical $653K

134 homes sold in the year to May 2026.

Houses$653K

typical sale · 131 sold in 12 months

Per square foot
$207NC $207
Days to sell
45
Sold over asking
21%
Listings with a price cut
22%
Fewer sales

Townhouses: 3 sold, typical $495K

Too few sales in 12 months for reliable figures.

11 years of sales

Fewer homes sell than before 2022, at 1.8 times the 2016 price

134 sales in the last year, against 248 in 2021 and a low of 127 in 2023. The typical sale went from $354K in 2016 to $652K.

Homes soldTypical sale price
062125187250$400K$500K$600K$700K2015: 178 sold, typical $366K’152016: 168 sold, typical $354K2017: 171 sold, typical $392K’172018: 187 sold, typical $382K2019: 217 sold, typical $388K’192020: 236 sold, typical $429K2021: 248 sold, typical $477K’212022: 162 sold, typical $606K2023: 127 sold, typical $589K’232024: 128 sold, typical $583K2025: 134 sold, typical $638K’25Last 12 months: 134 sold, typical $652KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $650K buys in Summerfield

Houseat $207 a sq ft
The same money in North Carolinaat $207 a sq ft

Is this asking price fair?

Check a listing against what Summerfield homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 11 years of sales

Bidding wars in Summerfield are back to pre-pandemic levels, but half fewer homes come up for sale

We read every month of Summerfield’s home sales since 2015 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 134 sales.

If you’re buying in Summerfield

  • Shop in March. It brings about 26 new listings a month, close to the busiest month, with fewer bidding wars (20% over asking).
  • Some room to negotiate. 22% of listings cut their price, about as many as before the pandemic.
  • Bid near asking. Buyers paid 98.6% of the list price on average; 20% paid over.
  • You’ll usually have time. Only 39% of homes go under contract within two weeks; the typical one takes 44 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

March has the most new listings (about 26 a month), but May is the most competitive: 31% of May sales close over asking. February has the least competition (19%).

New listings a monthShare sold over asking
07.51522.53013%27%40%Sweet spotJan: 14 new listings a month, 22% sold over asking, 93 days to sellJFeb: 16 new listings a month, 19% sold over asking, 96 days to sellFMar: 26 new listings a month, 20% sold over asking, 67 days to sellMApr: 24 new listings a month, 30% sold over asking, 80 days to sellAMay: 25 new listings a month, 31% sold over asking, 53 days to sellMJun: 21 new listings a month, 30% sold over asking, 45 days to sellJJul: 20 new listings a month, 24% sold over asking, 50 days to sellJAug: 17 new listings a month, 29% sold over asking, 50 days to sellASep: 16 new listings a month, 21% sold over asking, 60 days to sellSOct: 14 new listings a month, 24% sold over asking, 62 days to sellONov: 11 new listings a month, 23% sold over asking, 58 days to sellNDec: 9 new listings a month, 22% sold over asking, 79 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like North Carolina as a whole

Summerfield now2017–192021 peakNC now
Sold over askingShare of sales that closed above the list price20%17%49%17%
Gone within two weeksShare of homes under contract within 14 days39%28%57%30%
Listings with a price cutShare of homes for sale that cut their price22%20%11%27%
Price paid vs. askingAverage sale price ÷ list price98.6%97.6%100.3%97.8%
Days to sellMedian days from listing to contract44813662
Supply

39 homes for sale on a typical day

That’s 1.4 times the 2023 low (28), 54% fewer than in 2017–19 and well under 2015’s 101.

2015: 101 for sale’152016: 83 for sale2017: 83 for sale2018: 87 for sale’182019: 81 for sale2020: 81 for sale2021: 44 for sale’212022: 30 for sale2023: 28 for sale2024: 37 for sale’242025: 36 for saleLast 12 months: 39 for saleNow
Room to negotiate

1 in 5 listings has cut its price

22% in the last year, against 20% in 2017–19 and 27% across North Carolina.

2015: 19%’152016: 21%2017: 19%2018: 21%’182019: 21%2020: 14%2021: 11%’212022: 18%2023: 16%2024: 25%’242025: 20%Last 12 months: 22%Now
Across North Carolina

Summerfield ranks 54th of 224 busy North Carolina markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Summerfield is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2015 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Summerfield home costs about $3,749 a month

Mortgage
Property tax
Insurance
Rent

Price: Summerfield’s typical sale, last 12 months. Property tax at Summerfield’s 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Summerfield is affordable on local pay is on Cost of living.

Before you buy in Summerfield

Six things worth knowing

26

New listings in March

The month with the most choice. December has the fewest, about 9.

Best time to buy
0.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $652K home, about $4,170 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for Summerfield, from test results, graduation and how much students grow.

Schools in Summerfield
28 min

Typical commute

The average one-way trip to work for people who live in Summerfield.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Stokesdale, Greensboro, Kernersville, Jamestown and Madison sell for less a square foot

The busier markets within 25 miles of Summerfield, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Greensboro2,991$287K$17621%44
Kernersville506$315K$16616%51
Oak Ridge138$707K$21725%50
Summerfield134$652K$20620%44
Stokesdale107$527K$19421%79
Jamestown49$362K$16610%57
Madison31$209K$16132%51

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Summerfield, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Summerfield. People who follow the town see it, and so do people comparing Summerfield with their own town. No commission, no listing fee.

Questions about buying a home in Summerfield

What do homes sell for in Summerfield, NC?

134 homes sold in the year to May 2026 at a typical $652K, $206 a square foot.

Is Summerfield a buyer’s or seller’s market?

A seller’s market: 39 homes were for sale in May 2026 and 15 sold, about 2.6 months of supply. Buyers paid 98.6% of asking on average, and 22% of listings cut their price.

When is the best time to buy in Summerfield?

March brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Summerfield?

About 0.6% of a home’s value a year. On a $652K home that’s near $4,170.

Where can I see homes for sale in Summerfield?

Zillow, Redfin, Realtor.com and Homes.com all carry Summerfield’s MLS listings; the search links above open each one filtered to Summerfield.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).