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City · 11,116 residents · Guilford County, North Carolina

Summerfield , North Carolina

In Summerfield, a typical home is worth $521,900. Compared with all of Guilford County, typical household income is 133% higher, the typical home value is 101% higher, and the share of households that own their home is 34 points higher.

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  • Typical home value

    $521,900

    101% above the county

    81% above North Carolina

    • Summerfield
    • Guilford
    • North Carolina

  • Typical household income

    $160,275a year

    133% above the county

    121% above North Carolina

    • Summerfield
    • Guilford
    • North Carolina

  • Households that own their home

    94%

    34 points above the county

    27 points above North Carolina

    • Summerfield
    • Guilford
    • North Carolina

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$517,466
0.8% more than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Summerfield is in Guilford County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Guilford County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Summerfield apart

What this place has that others do not, from public data, most unusual first.

  1. 94% of households in Summerfield own their home, against 60% in Guilford County.

  2. The typical household income in Summerfield is $160,275, 133% more than in Guilford County as a whole ($68,642).

  3. The typical home in Summerfield is worth $521,900, 101% more than in Guilford County as a whole ($259,900).

  4. Nearby, in High Point, the typical home value is $235,800: 55% less than in Summerfield ($521,900).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Summerfield

What homes there are in Summerfield, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

The detached house rules in Summerfield: 97% of homes, more than in Guilford County (62%).

Year built

The typical home in Summerfield was built in 2000, 13 years after the typical one in Guilford County.

In Summerfield, 93% of homes have 3 bedrooms or more, more than in Guilford County (62%).

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$2,619 a month

Guilford County: $1,536 a month

Without a mortgage

$604 a month

Guilford County: $515 a month

Owners with a mortgage

63%

Guilford County: 65%

The typical cost for an owner with a mortgage in Summerfield is $2,619 a month, more than in Guilford County ($1,536); without one, $604.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Homes in Summerfield gained value more slowly than in Guilford County: 45% since 2015–2019, against 56%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureSummerfieldGuilford CountyNorth CarolinaUnited States
Rental vacancy Unreliable estimate6.2%7.1%5.5%
Homeowner vacancy Unreliable estimate1.0%1.3%0.9%
More than one person per room Unreliable estimate2.6%2.2%3.4%
People per household 2.932.382.442.53
Drive alone 71%73%72%69%
Carpool 4%8%9%9%
Public transit Unreliable estimate1%1%3%
Walk or bike Unreliable estimate2%2%3%
Work from home 24%14%16%15%
Other means Unreliable estimate2%1%2%
Typical commute 20 to 29 minutesUnreliable estimate20 to 29 minutes20 to 29 minutes

Households in Summerfield are bigger: 2.93 people on average; in Guilford County, 2.38.

Working from home is more common in Summerfield: 24%, against 14% in Guilford County.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Summerfield?

A typical home is tight for the typical income

We start with a typical home in Summerfield, worth $521,900, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 31% of the typical household income in Summerfield, which is $160,275 a year. For that payment to be 28% of income, a household would need to earn about $179,920 a year.

The calculator's FHA and conventional loan limits are those of all of Guilford County.

Your numbers

Local data
$

Starts at the typical home value in Summerfield. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $18,267 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$4,198

at 7.18% · 30 years

Loan amount
$512,447
Total interest
$737,290
Paid off in
November 2056

Includes $8,814 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $3,740 a month

  • Tight

    $3,740 to $4,808 a month

    Your payment · 31%

  • Hard

    more than $4,808 a month

Compared with the typical household income in Summerfield ($160,275 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$4,198
Principal & interest$3,471
Property tax$278
Home insurance$218
FHA mortgage insurance (MIP)$231

You need at least $18,267 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Summerfield and Guilford County

Summerfield is in Guilford County, North Carolina. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Summerfield's own numbers

Typical home value
$521,900
Typical yearly household income
$160,275
Households that own their home
94%
Effective property tax rate
0.64%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Guilford County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,271
Price change over 5 years (FHFA)
+61%
Homes in a high flood-risk zone
0.5%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Guilford County.

Everything about Guilford County

Buying

Buying a home in Summerfield

A typical home in Summerfield is worth $521,900: 101% above the county and 81% above North Carolina. With the typical household income in Summerfield ($160,275 a year), a typical home costs 3.3 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Summerfield 3.3 years
  • Guilford 3.8 years
  • North Carolina 4.0 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Guilford County

According to FHFA’s house price index, home prices in Guilford County rose 98% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Guilford County.

Period County North Carolina U.S.
Last year (2025) +3.2% +2.5% +2.9%
5 years (2020–2025) +61% +60% +47%
10 years (2015–2025) +98% +107% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Summerfield next to Guilford County, North Carolina and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Summerfield $521,900
  • Guilford $259,900
  • North Carolina $288,900
  • United States $332,700
Typical yearly household income
  • Summerfield $160,275
  • Guilford $68,642
  • North Carolina $72,388
  • United States $80,734
See the full table
Summerfield next to Guilford County and North Carolina
Measure Summerfield Guilford County North Carolina U.S.
Typical home value $521,900 $259,900 $288,900 $332,700
Typical yearly household income $160,275 $68,642 $72,388 $80,734
Households that own their home 94% 60% 67% 65%
Typical yearly property tax $3,337 $2,174 $1,896 $3,119
Effective property tax rate 0.64% 0.84% 0.66% 0.94%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Guilford County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Summerfield

For a typical $521,900 home in Summerfield, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Summerfield's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $4,198a month

    Least cash to close
    Down payment
    $18,267
    Cash to close
    $33,924
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $231

  • Conventional, 5% down $4,102a month

    Down payment
    $26,095
    Cash to close
    $41,752
    Rate
    7.18%
    Mortgage insurance
    PMI · $248

  • Conventional, 20% down, no PMI $3,324a month

    Down payment
    $104,380
    Cash to close
    $120,037
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $3,807a month

    Down payment
    $78,285
    Cash to close
    $93,942
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Summerfield and for Guilford County.

Property tax

Effective rate in Summerfield

0.64%of the home’s value each year

$3,337 a year for the typical owner in Summerfield.

  • Summerfield 0.64%
  • Guilford 0.84%
  • North Carolina 0.66%

What North Carolina publishes Elderly or Disabled Homestead Exclusion (North Carolina General Assembly (statute))

Exemptions and deadlines in North Carolina

Flood risk in Guilford County

FEMA does not publish these numbers by city: they are for all of Guilford County.

Homes in the high-risk zone
0.5%
843
Of those, with NFIP insurance
40%
County North Carolina U.S.
Homes in the high-risk zone 0.5% 2.8% 3.5%
Of those, with NFIP insurance 40% 53% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Summerfield

The Census Bureau publishes no typical rent for Summerfield. Below are the fair market rents for Guilford County.

HUD publishes a fair market rent for all of Guilford County, by unit size. To pay the 2-bedroom one ($1,271 a month) without spending more than 30% of your income, you would need to earn $24.44 an hour working full time.

HUD fair market rent for all of Guilford County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,121 $21.56 $44,840
1 bedroom $1,168 $22.46 $46,720
2 bedrooms $1,271 $24.44 $50,840
3 bedrooms $1,644 $31.62 $65,760
4 bedrooms $1,932 $37.15 $77,280

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Summerfield

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Summerfield is in ZIP code 27358.

For 2 bedrooms it is $1,400: $129 more than the fair market rent for Guilford County ($1,271).

  • 27358 $1,400$1,800

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Summerfield when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Summerfield

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There are 7 HUD-approved agencies with an office in Guilford County; 1 says it serves in Spanish.

A grandmother pushes her grandson on a playground swing.

HUD counseling is free or low-cost

Assistance programs in Summerfield

No down payment, repair or rent-help program on our list is for Summerfield or Guilford County. The ones below are statewide in North Carolina: they work in Summerfield the same as in the rest of the state.

Which programs do I qualify for? All programs in North Carolina

  • NC Home Advantage Mortgage

    Statewide in North Carolina

    NCHFA fixed-rate mortgage with down payment assistance, for first-time buyers and for people who have owned a home before, in North Carolina. Offered by North Carolina Housing Finance Agency (NCHFA).

    Forgivable

    See the program Official page

  • NC 1st Home Advantage Down Payment

    Statewide in North Carolina

    A fixed amount of NCHFA down payment assistance for first-time buyers and veterans in North Carolina. Offered by North Carolina Housing Finance Agency (NCHFA).

    Type not stated

    See the program Official page

  • Community Partners Loan Pool (CPLP)

    Statewide in North Carolina

    NCHFA interest-free loan with deferred payments of up to 25% of the price (maximum $50,000) for the down payment of low- and moderate-income buyers in North Carolina; you apply through a member organization. Offered by North Carolina Housing Finance Agency (NCHFA).

    Deferred

    See the program Official page

Housing counselors near Summerfield

The HUD-approved agencies closest to the center of Summerfield, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Greensboro Housing Coalition

    1031 Summit Ave, Greensboro · 10 miles away

    • Budget and financial counseling
    • Homelessness services
    • and 2 more
    (336) 691-9521

  • Housing Consultants Group

    1031 Summit Ave, Greensboro · 10 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 7 more
    (336) 553-0946

  • Housing Authority of the City of Greensboro D/B/A Greensboro Housing Authority

    450 N Church St, Greensboro · 10 miles away

    • Budget and financial counseling
    • Budget and credit workshops
    • and 4 more
    (336) 303-3059

Every agency in Guilford County All counseling agencies in North Carolina

Help in Spanish near Summerfield

1 of the 3 agencies on this list says it serves in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Summerfield

In HUD’s record, no housing authority with an office in Guilford County is named for Summerfield or Guilford County.

2 other authorities have an office in Guilford County: see the list Source: HUD

Cities

Other cities in Guilford County

These cities are also in Guilford County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Guilford County Housing in North Carolina

Nearby cities

The cities closest to Summerfield, with the typical home value.

Neighboring counties

If Guilford County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Summerfield.

All guides
Two girls write and draw together at the living-room table.

Questions

Housing questions about Summerfield

Short answers with the numbers for Summerfield and all of Guilford County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Summerfield?

The typical home value in Summerfield is $521,900, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Guilford County it is $259,900.

What is the FHA loan limit in Summerfield?

Summerfield uses the FHA limit for all of Guilford County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Summerfield?

The typical homeowner in Summerfield pays $3,337 a year, according to the U.S. Census Bureau. That is 0.64% of the home’s value; in Guilford County, the rate is 0.84%.

Where can I find free help to buy or rent in Summerfield?

There are 7 HUD-approved counseling agencies with an office in Guilford County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).