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These days, finding an affordable place to live in the Kernersville area can be challenging. Home prices in Kernersville are now at a median cost of $193,113, lower than the North Carolina average of $226,477.
The average cost of rent is $975/mo in Kernersville, primarily driven by the current value of real estate in the Kernersville area. While nearly 36.65% of residents own their homes outright in Kernersville, 29.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in Kernersville is $5,780 per month. Households that rent pay about 16.86% of their income on rent here. Kernersville's most expensive areas are in the southern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Colfax, NC: higher priced homes
- Walkertown, NC: less expensive homes
- Oak Ridge, NC: higher priced homes
- Belews Creek, NC: equally priced homes
- Wallburg, NC: higher priced homes
- Dennis, NC: less expensive homes
- Winston-Salem, NC: less expensive homes
- Jamestown, NC: higher priced homes
- Stokesdale, NC: equally priced homes
- Summerfield, NC: higher priced homes
Cities with Similar Populations
- Annapolis, MD: higher priced homes
- Goshen, IN: less expensive homes
- Forney, TX: higher priced homes
- DeSoto, TX: equally priced homes
- Delano, CA: equally priced homes
- Culver City, CA: higher priced homes
- Crestview, FL: equally priced homes
- Commerce City, CO: higher priced homes
- Chicopee, MA: higher priced homes
- Chambersburg, PA: equally priced homes
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