Is Guilford County, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Guilford County has remained a Seller's Market.
Housing Prices in Guilford County, NC
How much do homes in Guilford County, NC cost?
Median Sold Price
$290,006
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Guilford County was $290,006 in April 2024, up 2.2% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $135.5K | $138.7K | +2.4% |
2 Bedrooms | $160K | $177.9K | +11.2% |
3 Bedrooms | $258.7K | $270K | +4.3% |
4 Bedrooms | $409.5K | $419.9K | +2.5% |
5+ Bedrooms | $484.9K | $500K | +3.1% |
Summary: Guilford County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.4%, 2 bedroom homes increased by 11.2%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 3.1%.
Median Sold Price Compared To Nearby Counties
Davidson County | $259.5K | $272.6K | +5.0% |
Forsyth County | $286.9K | $297.5K | +3.7% |
Rockingham County | $189K | $195K | +3.2% |
Guilford County | $283.7K | $290K | +2.2% |
Alamance County | $319.3K | $315.3K | -1.2% |
Housing Supply in Guilford County, NC
How many homes are available in Guilford County, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,985 | 2,035 | +2.5% |
Summary: The Guilford County real estate market had 2,035 homes for sale in April 2024, a 2.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 11 | 11 | 0.0% |
2 Bedrooms | 338 | 331 | -2.1% |
3 Bedrooms | 918 | 942 | +2.6% |
4 Bedrooms | 608 | 635 | +4.4% |
5+ Bedrooms | 110 | 116 | +5.5% |
Summary: The Guilford County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 2.1%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 5.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
544 | 588 | +8.1% |
Asking Price vs. Sold Price
255 Homes Were Sold
Under Asking
176 Homes Were Sold
At Asking
157 Homes Were Sold
Over Asking
Summary: A total of 588 homes were sold or pending in Guilford County in April 2024, up by 8.1% month-over-month. Of the 588 sold homes, 43% were sold under asking, 30% were sold at asking, and 27% were sold over asking.
Days on Market for Guilford County, NC
How long does it take to sell a home in Guilford County, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 32 Days | 0.5% |
Summary: Homes in Guilford County had an average of 32 days on market in Apr 2024, up by 0.5% compared to last year.
Breakdown of Home Sale Times
405 Homes Were Sold
Under 30 Days
105 Homes Were Sold
In 30 - 90 Days
76 Homes Were Sold
Over 90 Days
Summary: During April 2024, 588 homes were sold in Guilford County; 69% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.