The Summerlyn housing market is somewhat competitive. The median sale price of a home in Summerlyn was $383K last month, down 14.5% since last year. The median sale price per square foot in Summerlyn is $146, down 3.9% since last year.
What is the housing market like in Summerlyn today?
In October 2024, Summerlyn home prices were down 14.5% compared to last year, selling for a median price of $383K. On average, homes in Summerlyn sell after 34 days on the market compared to 6 days last year. There were 4 homes sold in October this year, up from 2 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$382,500
-14.5% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Summerlyn, NC
$382,500
-14.5%
United States
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How hot is the Summerlyn housing market?
Summerlyn is somewhat competitive. Homes sell in 92.5 days.
0
100
44
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 93 days.
Hot homes
can sell for around list price and go pending in around 58 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
98.6%
+0.06 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Summerlyn housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Summerlyn.
Flood Factor - Minor
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Summerlyn has a minor risk of flooding. 21 properties in Summerlyn are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Summerlyn. Flood risk is increasing slower than the national average.
100% of properties are at risk of wildfire over the next 30 years
Fire Factor
Summerlyn has a moderate risk of wildfire. There are 299 properties in Summerlyn that have some risk of being affected by wildfire over the next 30 years. This represents 100% of all properties in Summerlyn.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Summerlyn has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Summerlyn is most at risk from hurricanes. 299 properties in Summerlyn have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 90 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 101 mph.