27406 Home Values & Market Trends
There are 58 homes currently listed for 27406. 27406 real estate market trends show that home prices range from $74,900 to $650,000, and the median sales price in the 27406 zip code is $211,596.86. The total number of properties sold within the past twelve months is 799. In 27406, 51 properties are in foreclosure, 1 are bank owned properties,and 18 are headed for auction.
27406 Real Estate Market Overview
City | Median Est. Value |
---|---|
Greensboro | $ 257,431 $ 163/sqft |
Housing Market Summary for 27406
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $240K | $206.4K | -14.00% |
Median Sold Price | $212K | $206.4K | -2.64% |
Homes For Sale | 33 | 52 | 57.58% |
Homes Sold | 444 | 423 | -4.73% |
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 27406
Browse Homes in 27406
The median list price of a home in Greensboro, is $211,596.86. A total of 58 properties are for sale, and the percentage of properties for sale in the zip code is 58.00%. The total count of 27406 properties is 18,954.
- Pre-ForeclosurePre-foreclosure homes account for 0.17% of all residential properties in 27406 with greensboro containing 93 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 27406; of that cities, the estimated home value for pre-foreclosure homes ranges from $714,900 in greensboro to the lowest home value of $70,042 in greensboro.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 27406 ranges from the highest value of $515,685 in greensboro to the lowest value of $61,408 in greensboro. Bank owned homes and properties account for 0.01% of properties in 27406. There is 1 cities within 27406; greensboro containing 3 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsgreensboro has 47 auction properties, the highest number of properties going to auction in a single city in the state of 27406. Auction homes and other auction properties account for 0.09% of all properties in 27406. There is 1 cities within 27406; of that cities, the median estimated home value for homes going to auction ranges from $674,460 in greensboro to the lowest value of $65,177 in greensboro.
Compare Nearby Zip Codes
More Real Estate Resources for 27406
Guide for 27406
North Carolina Foreclosure Laws
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.
This blog post explores the varying property values and real estate trends in Charlotte, North Carolina and its surrounding areas within a span of a year. The analysis provides insights into median property values, square foot prices, sold properties, foreclosures, market health, and local submarkets.
Raleigh’s real estate market in 2023 displays robust growth with increased average property values and sold prices. However, contrasting trends in neighboring cities such as Zebulon, Youngsville, Wilson, and Yanceyville underline the need for thorough market understanding for real estate investments.