Greensboro housing market

Buyer's marketGreensboro, NC metro areaData through Sep 2026
Typical home value
$261K
▲ 0.8% 1 yr
Typical rent
$1,406/mo
▲ 2.5% 1 yr
12-month forecast
+1.9%
#288 of 546 metros
Gross rent yield
6.5%
#191 of 546 · U.S. 6.3%
Days to pending
47 days
▲ +4 days 1 yr
Listings with a price cut
30%
▲ +1.1 pts 1 yr

Key takeaways

  • 1The typical home is worth $260,556, up 0.8% in a year and up 23% over five years.
  • 2Zillow forecasts home values rising 1.9% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,406/mo (+2.5% YoY), a 6.5% gross yield, above the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,432/mo in principal and interest, $26 more than renting.
  • 5Homes go under contract in 47 days (+4 days vs last year); 30% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 36/100, #343 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $261K
$146K$182K$218K$254K2016201920222025
Typical monthly rent
Latest $1,406
$833$1,011$1,188$1,3662016201920222025

How fast homes are selling

Days to go under contract
Latest 47
1633496620182020202220242026
Share of listings with a price cut
Latest 30.2%
9.6%16.0%22.4%28.8%20182020202220242026
Homes for sale vs new listings
Latest 2,826
For saleNew listings
6861,5622,4393,31520182020202220242026
Share of homes sold above list price
Latest 23.2%
21.7%36.7%51.8%66.9%20182020202220242026

Affordability

Household income needed to buy vs rent
Latest $71K
To buy (20% down)To rent
$33K$45K$57K$69K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Greensboro compares

MeasureGreensboroUnited StatesRank of 546
Home value, 1-yr change+0.8%+1.2%#385
Home value, 5-yr change+23.3%+19.7%
12-month forecast+1.9%+1.1%#288
Rent, 1-yr change+2.5%+2.7%#358
Gross rent yield6.5%6.3%#191
Price-to-rent ratio15.415.8
Mortgage P&I on typical home$1,432$2,012
Income needed to buy$70,831$100,902
Days to pending4756

Cities in the Greensboro metro

3 cities with home value and rent data.

Greensboro$261K▼ 0.3%$1,395▲ 2.2%6.4%
High Point$248K■ 0.0%$1,418▲ 3.8%6.9%
Asheboro$240K▲ 1.7%$1,038▲ 7.9%5.2%

Run the numbers

Renting out a property in North Carolina? See deposit limits, late fee rules and notice periods.

Other North Carolina metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.