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

$109,700

  • 1.9% 1-year change
  • 1.6% 1-year forecast

The median home value in Greensboro is $109,700. Greensboro home values have gone up 1.9% 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 $90. The median price of homes currently listed in Greensboro is $139,990 while the median price of homes that sold is $143,900. 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 Sep 30, 2014
  • $109,700 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
    (Sep 30, 2015)
  • $139,990 Median listing price
  • $143,900 Median sale price
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Greensboro Market Health

Data through Sep 30, 2014
  • 1.3/10 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 $300,500
Summerfield $279,700
Jamestown $185,300
Name Median ZHVI
Forest Oaks $174,100
Pleasant Garden $136,400
Mc Leansville $109,300
Name Median ZHVI
Archdale $109,200
High Point $102,100
Sedalia $94,600

Listings & Sales

Data through Sep 30, 2014
  • $91 Median list price / sq ft
  • $90 Median sale price / sq ft
  • 42.1% Listings with price cut
34.9%
Sold below listing
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Greensboro Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $937 Greensboro
    $944 Greensboro Metro
    $1,335 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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