Guilford County

North Carolina ยท Pop. 541,299

Ranked #33 of 200 counties

54Moderate

Median Home Price

๐Ÿ 

$240K

3.5% YoY

Median Rent

๐Ÿ”‘

$1,150

Median Income

๐Ÿ’ฐ

$50K

Rent Burden

๐Ÿ“Š

30.5%

% of income to rent

Housing Shortage

๐Ÿ—๏ธ

10,000

estimated unit deficit

Building Permits (2024)

๐Ÿ“‹

3,800

Price-to-Income Ratio

โš–๏ธ

4.8x

Homeownership Rate

๐Ÿก

56.0%

How Guilford County Compares

MetricGuilford CountyNorth CarolinaNational
Home Price$240K$309K$410K
Rent$1,150$1,245$1,500
Income$50K$71K$75K
Rent Burden30.5%31.5%30.0%
Homeownership56.0%66.0%65.0%

Key Takeaways

  • โ€ข Home prices are 41% below the national average.
  • โ€ข Rent is 23% below the national average.
  • โ€ข The county has an estimated housing shortage of 10,000 units.
  • โ€ข 3,800 building permits were issued in 2024.
  • โ€ข Year-over-year home prices changed by 3.5%.