Guilford County, North Carolina Housing Market Prices
Guilford County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 19% below the North Carolina median$224,786
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Median rent 5% below the North Carolina median More expensive than 80% of counties in North Carolina$1,162
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Guilford County | North Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $224,786 | $278,288 | $248,835 |
| Price Trend (Annual %) | 9.2% | 9.3% | 7.5% |
| Median Gross Rent | $1,162 | $1,227 | $1,407 |
| Rent Trend (Annual %) | 5.0% | 5.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Guilford County is about 19% lower than in North Carolina. Rent is about 5% lower than the North Carolina average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Guilford County, up about 9.2% and 5.0% a year respectively. Home prices are changing faster.
Median rent in Guilford County rose about 50.8% between 2015 and 2024, from $771 to $1,162. Over the same span, rent in North Carolina rose about 54.2%.
Affordability
On average, housing unit costs 3.3 yearly household incomes in Guilford County.
Buying the median-priced home in Guilford County costs roughly 16.1 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Guilford County. The price-to-rent ratio in North Carolina is about 18.9.
| Metric | Guilford County | North Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $224,786 | $278,288 | $248,835 |
| Median Household Income | $68,970 | $72,438 | $80,455 |
| Price-to-Income Ratio | 3.3 | 3.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Guilford County rose about 84.4%, while median household income rose about 44.9% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Guilford County | North Carolina Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 55.4% | 58.3% | 58.5% |
| Rental Rate | 36.9% | 29.2% | 31.2% |
| Vacancy Rate | 7.7% | 12.5% | 10.2% |
| Median Tenure (years) | 14.0 | 15.0 | 15.0 |
| Median Year Moved In | 2012 | 2011 | 2011 |
Guilford County has a homeownership rate of 55.4%, lower than the North Carolina average of 58.3%. Its housing vacancy rate is 7.7%, compared with 12.5% in North Carolina.
Housing Stock
| Metric | Guilford County | North Carolina Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.38 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1985 | 1989 | 1978 |
| Median Number of Rooms | 5.6 | 5.6 | 5.5 |
The typical housing unit in Guilford County was built around 1985. On average, 2.4 people live in a home with about 5.6 rooms, staying for about 14.0 years on average.
Guilford County, NC Housing Compared With Nearby Counties
Guilford County, NC is the largest of the 6 counties compared here, 547,431 residents against a local median of 173,005. Where Guilford County, NC breaks from the counties next to it is median home price, sitting 32% above the local median of $170,209 at $224,786.
Median rent tells the same story from another angle: $1,162 against a local median of $901, 29% above it. The one measure here that carries a verdict is homeownership, and at 17% below the local median it puts Guilford County, NC at the weaker end of the local range. The counties themselves spread $182,257 on median home price, so Guilford County, NC sits at one end of an already wide local range rather than apart from it. Guilford County, NC has the 2nd highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Guilford County, NC | 547,431 | $224,786 #2/6 | $1,162 #1/6 | 60.0% #6/6 |
| Rockingham County, NC | 92,115 | $56,011 | $810 | 72.1% |
| Randolph County, NC | 146,354 | $212,004 | $886 | 72.5% |
| Alamance County, NC | 176,834 | $238,268 | $1,064 | 65.0% |
| Forsyth County, NC | 389,752 | $170,209 | $1,098 | 63.5% |
| Davidson County, NC | 173,005 | $113,557 | $901 | 74.4% |
Frequently Asked Questions
Common questions about the housing market in Guilford County, North Carolina.
What is the median home price in Guilford County, North Carolina?
The median home price in Guilford County, North Carolina is $224,786, lower than the North Carolina average of $278,288.
What is the average home price in Guilford County, North Carolina?
The typical home price in Guilford County, North Carolina, reported as the median sale price, is $224,786. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Guilford County, North Carolina?
The median gross rent in Guilford County, North Carolina is $1,162 per month, lower than the North Carolina average of $1,227.
What was the median gross rent in Guilford County in 2020?
In 2020, the median gross rent in Guilford County, North Carolina was $891 per month.
What is the price-to-rent ratio in Guilford County, North Carolina?
The price-to-rent ratio in Guilford County, North Carolina is about 16.1, meaning it would take roughly 16.1 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Guilford County.
Are home prices or rent rising faster in Guilford County, North Carolina?
Both home prices and rent are rising in Guilford County, up about 9.2% and 5.0% a year respectively. Home prices are changing faster.
What is the homeownership rate in Guilford County, North Carolina?
55.4% of households in Guilford County, North Carolina own their home, lower than the North Carolina average of 58.3%.
What is the vacancy rate in Guilford County, North Carolina?
The housing vacancy rate in Guilford County, North Carolina is 7.7%, lower than the North Carolina average of 12.5%.
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