Guilford County
North Carolina ยท Pop. 541,299
Ranked #33 of 200 counties
54Moderate
Median Home Price
๐$240K
3.5% YoY
Median Rent
๐$1,150
Median Income
๐ฐ$50K
Rent Burden
๐30.5%
% of income to rent
Housing Shortage
๐๏ธ10,000
estimated unit deficit
Building Permits (2024)
๐3,800
Price-to-Income Ratio
โ๏ธ4.8x
Homeownership Rate
๐ก56.0%
How Guilford County Compares
| Metric | Guilford County | North Carolina | National |
|---|---|---|---|
| Home Price | $240K | $309K | $410K |
| Rent | $1,150 | $1,245 | $1,500 |
| Income | $50K | $71K | $75K |
| Rent Burden | 30.5% | 31.5% | 30.0% |
| Homeownership | 56.0% | 66.0% | 65.0% |
Key Takeaways
- โข Home prices are 41% below the national average.
- โข Rent is 23% below the national average.
- โข The county has an estimated housing shortage of 10,000 units.
- โข 3,800 building permits were issued in 2024.
- โข Year-over-year home prices changed by 3.5%.