Greensboro Home Prices & Values

$157,000 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.6% 1-year change
  • No data 1-year forecast

The median home value in Greensboro is $157,000. Greensboro home values have gone up 1.6% over the past year. The median list price per square foot in Greensboro is $105, which is higher than the Caroline County average of $100. The median price of homes currently listed in Greensboro is $139,900 while the median price of homes that sold is $244,900.

Foreclosures will be a factor impacting home values in the next several years. In Greensboro 5.0 homes are foreclosed (per 10,000). This is lower than the Caroline County value of 9.3 and also greater than the national value of 4.4

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Greensboro is 15.6%, which is higher than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Greensboro homeowners underwater on their mortgage is 26.6%, which is lower than Caroline County at 28.7%.

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Relative ZHVI
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Greensboro Market Overview

Data through Jul 31, 2014
  • $157,000 ZHVI
  • No data 1-yr forecast
  • $139,900 Median listing price
  • No recent data Median sale price
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Greensboro Market Health

Data through Jul 31, 2014
  • 0.0/10 Less healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • 26.6% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 15.6% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

5 homes(Jun 30, 2014) Greensboro
9.3 homes Caroline County
4.4 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Cordova $238,300 Church Hill $232,700 Henderson $187,300
Ridgely $177,400 Denton $177,000 Goldsboro $158,100
Hartly $152,100 Felton $143,400 Harrington $124,900

Listings & Sales

Data through Jul 31, 2014
  • $105 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 36.2% Listings with price cut
16.7%
Sold below listing
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Greensboro Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,414 Greensboro
$1,413 Caroline County
$1,318 United States
  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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