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

$156,800

  • -1.7% 1-year change
  • None 1-year forecast

The median home value in Greensboro is $156,800. Greensboro home values have declined -1.7% over the past year.

Foreclosures will be a factor impacting home values in the next several years. In Greensboro 8.6 homes are foreclosed (per 10,000). This is greater than the Caroline County value of 7.0 and also greater than the national value of 3.6

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 9.6%, which is higher than the national value of 6.0%. 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 30.4%, which is higher than Caroline County at 29.3%.

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Relative ZHVI
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Greensboro Market Overview

Data through Jul 31, 2015
  • $156,800 ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • No recent data Median sale price
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Greensboro Market Health

Data through Jul 31, 2015
  • 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
  • 30.4% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 9.6% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

9 Greensboro
7 Caroline County
4 United States
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Nearby Cities

Name Median ZHVI
Cordova $224,300
Sudlersville $190,600
Henderson $183,000
Name Median ZHVI
Ridgely $181,800
Denton $174,700
Goldsboro $156,600
Name Median ZHVI
Hartly $144,400
Felton $140,400
Harrington $119,700

Listings & Sales

  • No data
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Greensboro Rentals

Data through Jul 31, 2015
  • Zillow Rent Index

  • $1,404 Greensboro
    $1,416 Caroline County
    $1,376 United States

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

  • 1.5 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Mar 31, 2015)
  • No data Rent list price
  • No data Rent list price / sq ft
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