NC · Metro #76

Greensboro - NC housing market

The Greensboro metro has a typical home value of $266,370, up 1.5% from a year ago. Homes are moving fast at 16 days on market - a strong seller's market. 28% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$266,370
+1.5% vs. year ago
Median sale price
$261,692
+10.0% YoY
Median list price
$298,950
Sale-to-list ratio
97.7%
Selling below ask
Days on market
16d
Listings w/ price cut
27.6%
New listings / mo
902
+5.9% YoY
Homes for sale
2,535
+13.9% YoY
Typical rent
$1,424/mo
+3.0% YoY
Context

How to read this data

The typical home value ($266,370) is the Zillow Home Value Index for the Greensboro - NC metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 1.5% over the past year. In Greensboro - NC, that means a home worth $262,433 last year is now worth roughly $266,370.

The median sale price , what homes actually close for , is $261,692. Homes are selling at 97.7% of list price, meaning buyers have room to negotiate.

Homes listed in Greensboro - NC sit on the market for roughly 16 days before going pending. Shorter = seller's market; longer = buyer's market.

About 27.6% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 902 new listings hit the market each month in Greensboro - NC. There are currently 2,535 homes for sale, up 13.9% from a year ago.

The typical monthly rent in Greensboro - NC is $1,424, up 3.0% year over year. For investors, the price-to-rent ratio here is roughly 16x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

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Related

Other metros in NC

MetroHome value1-yr changeDays on market
Charlotte - NC$390,321 -0.4% 20.0d
Raleigh - NC$438,364 -2.2% 16.0d
Winston - NC$283,871 +2.8% 14.0d
Durham - NC$414,340 -1.9% 14.0d
Fayetteville - NC$259,183 +0.6% 20.0d
Asheville - NC$428,742 -3.6% 37.0d
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