Home Values

Greensboro Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$109,400

  • 1.5% 1-year change
  • 1.6% 1-year forecast

The median home value in Greensboro is $109,400. Greensboro home values have gone up 1.5% over the past year and Zillow predicts they will rise 1.6% within the next year. The median list price per square foot in Greensboro is $91, which is higher than the Greensboro Metro average of $89. The median price of homes currently listed in Greensboro is $139,900 while the median price of homes that sold is $148,000. The median rent price in Greensboro is $800, which is lower than the Greensboro Metro median of $849.

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 6.8%, which is lower 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 18.9%, which is higher than Greensboro Metro at 17.8%.

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Relative ZHVI
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Greensboro Market Overview

Data through Oct 31, 2014
  • $109,400 ZHVI
  • 1.6% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Oct 31, 2015)
  • $139,900 Median listing price
  • $148,000 Median sale price
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Greensboro Market Health

Data through Oct 31, 2014
  • 1.8/10 Less healthy
    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
  • 18.9% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 6.8% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI
Oak Ridge $301,200
Summerfield $278,200
Jamestown $184,700
Name Median ZHVI
Forest Oaks $175,000
Pleasant Garden $135,800
Archdale $109,900
Name Median ZHVI
Mc Leansville $109,600
High Point $102,200
Sedalia $94,200

Listings & Sales

Data through Oct 31, 2014
  • $91 Median list price / sq ft
  • $89 Median sale price / sq ft
  • 41.5% Listings with price cut
32.4%
Sold below listing
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Greensboro Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $934 Greensboro
    $940 Greensboro Metro
    $1,337 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $800 Rent list price
  • $0.72 Rent list price / sq ft
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