Greensboro, NC Home Values & Market Trends

Real estate market trends reflect that there have been 4,781 transactions over the past year in Greensboro. The median value for residential home transactions that occurred over the previous year is $256,153.22. The number of current listings in Greensboro is 329, and the percentage of properties for sale in the city is 329.00%. Greensboro, NC currently has 134 properties in foreclosure, 4 bank owned properties, 48 properties headed for auction, and 329 properties for sale.

Greensboro, NC Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
27410

$ 349,900

$ 176/sqft

27408

$ 349,000

$ 201/sqft

27455

$ 423,500

$ 184/sqft

27409

$ 169,500

$ 156/sqft

27406

$ 218,750

$ 153/sqft

27403

$ 331,036

$ 185/sqft

27405

$ 245,500

$ 158/sqft

27401

$ 150,000

$ 171/sqft

27407

$ 257,765

$ 159/sqft

27412

$ --

$ --

Housing Market Summary for Greensboro, NC

Jun 2023May 2024Change
Median Listing Price$310K$295K-4.84%
Median Sold Price$235.7K$263.8K11.93%
Homes For Sale28132917.08%
Homes Sold2,7022,292-15.17%
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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%.

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Browse Homes in Greensboro, NC

Greensboro home values range from $18,756 to $99,451,993. The median estimated value of a home in Greensboro is $256,153.22. The median list price of a home is 295,000, and the total count of properties in the city is 101,372.

Foreclosure
There are 10 zips within Greensboro, NC; within these zips, the median estimated home value for homes in foreclosure ranges from $1,107,500 in 27401 to the lowest value of $47,076 in 27401. Foreclosure homes account for 0.00% of properties in Greensboro, NC with 27406 containing 45 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.08% of all residential properties in Greensboro, NC with 27406 containing 27 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 $431,186 in 27403 to the lowest home value of $47,076 in 27401.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Greensboro, NC ranges from the highest value of $571,337 in 27401 to the lowest value of $63,814 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.
  • Auctions
    27406 has 17 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 $696,662 in 27408 to the lowest value of $56,997 in 27408.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.32% of residential properties in Greensboro, NC with 27410 containing 65 homes for sale, the highest number of listed properties in a single zip. There are 10 zips within Greensboro, NC; homes for sale in those zips, have a range of median values from $3,590,000 in 27455 to the lowest value of $49,070 in 27408.
    Sold Homes
    The median value for recently sold homes ranges from $4,876,200 in 27408 to the lowest price of $28,437 in 27408. There are 10 zips within Greensboro, NC. 27406 has 408 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.10% of properties in Greensboro, NC.

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      Guide for Greensboro, NC

      Foreclosure
      North Carolina Foreclosure Laws
      Buy to Rent
      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      Buy to Rent
      Charlotte Real Estate Soars in April 2024 with Average Values Hitting $409K
      Buy to Rent
      Raleigh Property Values Climb to $460K with Varied Sale Trends Across The Region – April 2024
      See More Articles
      North Carolina Foreclosure Laws
      Foreclosure|posted 6 June 2019

      North Carolina Foreclosure Laws

      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      Buy to Rent|posted 12 March 2024

      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.

      Charlotte Real Estate Soars in April 2024 with Average Values Hitting $409K
      Buy to Rent|posted 16 May 2024

      Charlotte’s real estate market shows steady growth with increasing property values and sale prices.

      Raleigh Property Values Climb to $460K with Varied Sale Trends Across The Region – April 2024
      Buy to Rent|posted 13 May 2024

      Raleigh’s real estate market has seen an increase in property values. We examine the latest salves volumes plus a comparison with nearby markets.