Greensboro, NC Home Values & Market Trends
Real estate market trends reflect that there have been 4,988 transactions over the past year in Greensboro. The median value for residential home transactions that occurred over the previous year is $249,994.62. The number of current listings in Greensboro is 320, and the percentage of properties for sale in the city is 320.00%. Greensboro, NC currently has 135 properties in foreclosure, 3 bank owned properties, 47 properties headed for auction, and 320 properties for sale.
Greensboro, NC Real Estate Market Overview
Housing Market Summary for Greensboro, NC
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $296.5K | $243.7K | -17.79% |
| Median Sold Price | $235.1K | $243.7K | 3.66% |
| Homes For Sale | 236 | 277 | 17.37% |
| Homes Sold | 2,631 | 2,004 | -23.83% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Greensboro, NC
Browse Homes in Greensboro, NC
Greensboro home values range from $18,198 to $95,160,965. The median estimated value of a home in Greensboro is $249,994.62. The median list price of a home is 296,000, and the total count of properties in the city is 101,372.
- Pre-ForeclosurePre-foreclosure homes account for 0.08% of all residential properties in Greensboro, NC with 27406 containing 26 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 10 zips within Greensboro, NC; of those zips, the estimated home value for pre-foreclosure homes ranges from $494,377 in 27455 to the lowest home value of $48,671 in 27401.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Greensboro, NC ranges from the highest value of $451,560 in 27401 to the lowest value of $61,568 in 27405. Bank owned homes and properties account for 0.00% of properties in Greensboro, NC. There are 10 zips within Greensboro, NC; 27401 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions27406 has 22 auction properties, the highest number of properties going to auction in a single zip in the state of Greensboro, NC. Auction homes and other auction properties account for 0.05% of all properties in Greensboro, NC. There are 10 zips within Greensboro, NC; of those zips, the median estimated home value for homes going to auction ranges from $680,285 in 27455 to the lowest value of $83,525 in 27455.
Compare Nearby Cities
More Real Estate Resources for Greensboro, NC
Guide for Greensboro, NC
North Carolina Foreclosure Laws
In Greensboro, NC, real estate trends indicate a decreasing average property value and sale price as of February 2024 while maintaining consistent market activity. Property values in the city indicate an affordable entry point for homebuying in comparison to neighboring areas.
A look at the Asheville’s real estate market trends from May 2023 to March 2024, highlighting key trends and dynamics in home values, sale prices, and supply.
The Durham, NC real estate market is showing dynamic trends, with fluctuations in property value and sold prices across the year and in neighboring cities. Local demand, economic factors, and community growth have created a complex market with growth potential, minimal distressed sales, and distinct opportunities for various buyer segments.
