Is Guilford County, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Guilford County is a seller's market

Buyer's
Market

Difference Since April 2021

Since last year, Guilford County has remained a Seller's Market.

Key Takeaway

Guilford County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Guilford County, NC cost?

Median Sold Price

$241,603

$137/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$28,395(+13.3%)

Key Takeaway

Homes in Guilford County have sold for 13.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 $90K$125K
+38.9%
2 $117.6K$137.5K
+16.9%
3 $190K$225K
+18.4%
4 $322K$363K
+12.7%
5+ $383.8K$415.4K
+8.2%

Median Sold Price Compared To Nearby Counties

Alamance County
+17.8%
Rockingham County
+15.3%
Forsyth County
+13.5%
Guilford County
+13.3%
Randolph County
+13.0%

How many homes are available in Guilford County, NC?

Number of Homes For Sale

Mar 2022Apr 2022%
1,7111,721+0.6%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 2311
-52.2%
2 303282
-6.9%
3 809830
+2.6%
4 470484
+3.0%
5+ 106114
+7.5%

Number of Homes Sold

Mar 2022Apr 2022%
655624-4.7%

Asking Price vs. Sold Price

99 Homes Were Sold
Under Asking

95 Homes Were Sold
At Asking

429 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Guilford County, you could pay more than the asking price. 68.9% of homes here sold above asking price last month.

Average Sale Time

Apr 2021Apr 2022%
16 Days11 Days-29.9%

Breakdown of Home Sale Times

569 Homes Were Sold
Under 30 Days

33 Homes Were Sold
In 30 - 90 Days

22 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Guilford County are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Guilford County, NC

Guilford County, NC has 1,721 homes for sale to choose from. The inventory of homes for sale in Guilford County, NC between March 2022 and April 2022 increased by 0.6%. The median list price of listings available in April 2022 was $241,603, while the average time on the real estate market was 11 days. From March 2022 through April 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties became 38.9% more expensive, the cost of 2 bedrooms properties went up by 16.9%, prices of 3 bedrooms properties went up by 18.4%, the cost of 4 bedrooms properties went up by 12.7%, 5 bedrooms properties became 8.2% more expensive. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes decreased by 52.2%, volume of 2 bedrooms homes went down by 6.9%, number of 3 bedrooms homes increased by 2.6%, 4 bedrooms homes became 3% more available, 5 bedrooms homes inventory increased by 7.5%. While more than 429 listings in Guilford County, NC in April 2022 were sold above asking price, there were more than 95 listings sold at asking price, and more than 99 were sold below.

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