Greensboro, NC Foreclosures
How much do homes sell for in Greensboro, NC?
The average home price is currently $381,219.
In Greensboro, NC, how many homes are available?
There are currently 16 active home listings available in Greensboro.
What’s the average rental cost in Greensboro, NC?
The average rental price in Greensboro is $1,194.
What is the most expensive home in Greensboro?
The most expensive home sold in Greensboro had a price of $107,609,360.
What is currently the cheapest priced home in Greensboro, NC?
The cheapest home for sale in Greensboro is priced at $10,419.
Living in Greensboro, NC
Greensboro, NC, is a charming city with a rich historical background and a strong sense of community. It offers a blend of urban and suburban living with access to great schools, parks, and a variety of local businesses. Residents appreciate the affordable cost of living and the welcoming atmosphere that makes Greensboro a great place to call home.
Current Market Conditions in Greensboro, NC
Greensboro’s real estate market is currently experiencing a steady increase in home values, driven largely by the region’s strong economic growth and influx of new residents. Historically low-interest rates helped boost buyer interest, creating increased competition for available homes. The market is characterized by a mix of single-family homes, townhouses, and condominiums, appealing to a broad range of lifestyle needs.
In recent months, homes are moving quickly with homes typically selling within weeks of being listed. However, inventory remains low, making it challenging for buyers to find ideal properties. As new developments and renovations continue, there’s potential for positive long-term growth in property values, positioning Greensboro as a favorable market for both buyers and investors.
Home Value Estimator For Greensboro, NC
There are currently 112,523 real estate properties
in Greensboro, NC,
with a median automated valuation model (AVM) price
of $261,127.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Greensboro, NC, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Greensboro, NC,
is $381,219.00, with the most expensive house
in Greensboro, NC, topping out
at $107,609,360.00 and the cheapest home
in Greensboro, NC,
clocking in at $10,419.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Greensboro, NC!
Rent Prices
In Greensboro, NC
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Greensboro, NC, is on
a rollercoaster ride. The
average rent price in Greensboro, NC,
is $1,194.00. Indeed, when looking to rent in
Greensboro, NC, you can expect to pay as little
as $500.00 or as much
as $3,120.00,
with the average rent median estimated to
be $1,060.00. The good news is that finding
an affordable and desirable property to rent in Greensboro, NC
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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