Kernersville, NC

Balanced market-19.7% YoY

Housing market overview · Updated weekly

$289,500median sale price

Homes sold

40

Last 12 weeks

Days on market

75

Average pace

Active listings

94

2.4 months supply

Sale-to-list

98.2%

Below asking

The Kernersville housing market is currently classified as a balanced market with a median sale price of $289,500. Prices have fallen 19.7% compared to last year, with homes spending an average of 75 days on market, indicating 2.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in Kernersville?

The median home sale price in Kernersville is $289,500, down 19.7% from last year.

How long do homes stay on market in Kernersville?

Homes typically spend 75 days on market before going under contract.

Is Kernersville a buyer's or seller's market?

With 2.4 months of supply, Kernersville is currently a balanced market.

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