Markets  ›  NC  ›  Greensboro

Greensboro, NC housing market

Greensboro, NC metro median sale price $301K in Jul–Sep 2026, down 0.6% year over year. Also days on market, price cuts, affordability and ZIP-code figures.

The median sale price in the Greensboro, NC metro is $301K over Jul–Sep 2026, down 0.6% from the same 3 months a year earlier. The decline is steeper than in most of the 383 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro points the other way: up 4.9% through Q2 2026.

On median sale price, Greensboro ($301K) ranks 11th of the 15 North Carolina metros Pecan Street tracks, between Hickory ($303K) and Fayetteville ($301K). Greensboro has the fewest median days on market of the 15 North Carolina metros (58 days); Durham (60 days) is next. On share of listings with a price cut, Greensboro (38%) ranks 7th of the 15 North Carolina metros, between Winston-Salem (38%) and Asheville (38%).

Listings spent a median 58 days on market in Oct 2026. 38% of active listings carry a price cut; the 3-month average vs a year earlier is 4.1 points lower. That share is higher than in most of the 385 metros. Median asking prices sit about 10% above the median sale price. Building permits authorized 482 new housing units in Sep 2026.

At the 7.12% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $1,620 a month; at 28% of gross income, that takes about $69K a year. The median sale price equals about 15 years of HUD Fair Market Rent, a ratio up 3.0% from a year earlier. Active listings ask a median $178 per square foot; the 3-month average vs a year earlier is down 1.6%.

In seven of the 12 ZIP codes in the table below, median list prices are lower than a year earlier; five are higher.

Headline

Median sale price

Jul–Sep 2026

$301K

-0.6% year-over-year

How it’s calculated

Average of the last three monthly median sale prices vs. the same three months a year earlier.

Mortgage rate

Nov 4, 2026

7.12%

30-year fixed

Where it comes from

National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.

The same rate appears on every market page.

Monthly payment

Principal & interest

$1,620/mo

$69K/yr income needed

How it’s calculated

Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.

Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.

How Greensboro compares to other U.S. metros

Home-price growth↓305th of 383
Asking-vs-sale gap↑66th of 300 (top 22%)
Price cuts↑133rd of 385 (top 35%)
Days on market219th of 385
Price-to-rent191st of 373

Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.

Affordability

Price-to-rent ratio≈ 15 +3.0% YoY
191st of 373
Asking price / sq ft$178 -1.6% 3-month average vs a year earlier

Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Oct 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.

Market pressure

Listings with a price cut≈ 38% -4.1 pts 3-month average vs a year earlier
↑133rd of 385 (top 35%)
New housing units permitted482

The median asking price $330K runs about 10% above the median sale price $301K.

Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Oct 2026. New housing units authorized by residential building permits in the metro that month — new supply in the pipeline, which counts of existing listings don't capture (US Census Bureau, Building Permits Survey), as of Sep 2026. Asking is the median list price of active listings (Realtor.com, Oct 2026); sale is the headline median of recent closings (Redfin, Jul–Sep 2026) — distinct sources and windows, so the gap is a directional read, not a like-for-like difference. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.

Market facts

ZIPs with listing data12 shown of 41
MLS board of recordTriad MLS
Price methodologyRedfin vs FHFA HPI
Sale-price windowJul–Sep 2026

Recent signals

No signals flagged for this market right now.

Housing Economy

Greensboro · ConstructionCOPIED

Greensboro builders pulled 10.6% fewer single-family permits than a year earlier

Single-family building permits in the Greensboro metro area, by month, one line per year, units

AprJulOct12016020024028020252026
AprJulOct12016020024028020252026
2024
Chart data
Month202420252026
Dec187146—
Nov176122—
Oct207174—
Sep226233244
Aug185211227
Jul211235213
Jun155249218
May169238216
Apr228268231
Mar197257213
Feb228234207
Jan147191189

Source: U.S. Census Bureau, Building Permits Survey · data through September 2026

Builders in the Greensboro metro area pulled 2,400 single-family permits in the twelve months through September 2026, 10.6% fewer than in the twelve months before. So far in 2026, permits are running 7.5% below the same months of 2025.

Why it matters. Permits come before starts, and starts come before new homes for sale, so this is the earliest read on how much new building is planned in the Greensboro area. When the permit pipeline shrinks, buyers see fewer new-build options later; when it grows, sellers of existing homes face more competition from builders.

Greensboro · Home pricesCOPIED

Greensboro home prices are 4.9% higher than a year ago

Home prices in the Greensboro metro area, change from a year earlier, FHFA all-transactions index, quarterly, percent; shaded bars mark recessions

1990200020102020-8%0%8%16%24%Greensboro
1990200020102020-8%0%8%16%24%Greensboro
No changeRecession
Chart data
DateGreensboro
Jun 20264.9%
Mar 20261.9%
Dec 20254%
Sep 20253.1%
Jun 20254.5%
Mar 20255.8%
Dec 20247.4%
Sep 20246.5%
Jun 20246.5%
Mar 20247.9%
Dec 20235.8%
Sep 20236.9%
Jun 20237.8%
Mar 202312.6%
Dec 202215.9%
Sep 202220.4%
Jun 202223.2%
Mar 202221.1%
Dec 202119.1%
Sep 202116.8%
Jun 202112%
Mar 20218.3%
Dec 20206.5%
Sep 20205.5%
Jun 20205%
Mar 20206.2%
Dec 20195.2%
Sep 20194.9%
Jun 20195.6%
Mar 20194%
Dec 20184.9%
Sep 20184%
Jun 20184.8%
Mar 20186.2%
Dec 20175.2%
Sep 20174.3%
Jun 20172.6%
Mar 20171.4%
Dec 20163%
Sep 20163.9%
Jun 20164%
Mar 20163.1%
Dec 20152.6%
Sep 20152.8%
Jun 20151.6%
Mar 20152.3%
Dec 20140.9%
Sep 20140.5%
Jun 20140.5%
Mar 20140.1%
Dec 2013-0.5%
Sep 20130.3%
Jun 20132%
Mar 20131.4%
Dec 2012-0.4%
Sep 20120.5%
Jun 2012-0.9%
Mar 2012-2.8%
Dec 2011-2.9%
Sep 2011-4.8%
Jun 2011-3.3%
Mar 2011-2%
Dec 2010-0.5%
Sep 2010-1.3%
Jun 2010-4.6%
Mar 2010-5.9%
Dec 2009-2.5%
Sep 2009-1.7%
Jun 2009-0.6%
Mar 2009-0.1%
Dec 2008-2.1%
Sep 20080.5%
Jun 20080.7%
Mar 20082%
Dec 20072.5%
Sep 20071.2%
Jun 20073.6%
Mar 20072.5%
Dec 20062.4%
Sep 20062.6%
Jun 20062.7%
Mar 20063.5%
Dec 20054.2%
Sep 20054.2%
Jun 20053%
Mar 20052.8%
Dec 20042.3%
Sep 20043%
Jun 20042.3%
Mar 20043%
Dec 20032.9%
Sep 20031.9%
Jun 20032.8%
Mar 20032.5%
Dec 20022.8%
Sep 20022.4%
Jun 20022.4%
Mar 20023.3%
Dec 20013.8%
Sep 20014.9%
Jun 20014.9%
Mar 20014.5%
Dec 20004.5%
Sep 20003%
Jun 20003.2%
Mar 20003.7%
Dec 19992.8%
Sep 19994.2%
Jun 19994%
Mar 19993.6%
Dec 19983.6%
Sep 19984.3%
Jun 19984.7%
Mar 19983.8%
Dec 19975.8%
Sep 19973.9%
Jun 19974.3%
Mar 19974.2%
Dec 19963.1%
Sep 19964.3%
Jun 19963%
Mar 19965.3%
Dec 19953.8%
Sep 19953.9%
Jun 19954.1%
Mar 19952.7%
Dec 19943.5%
Sep 19943%
Jun 19943.3%
Mar 19942.8%
Dec 19932.7%
Sep 19932%
Jun 19932.2%
Mar 19931.8%
Dec 19922.7%
Sep 19923%
Jun 19922.5%
Mar 19922.8%
Dec 19912.2%
Sep 19912.5%
Jun 19911.9%
Mar 19912.6%
Dec 19900.7%
Sep 19900.4%
Jun 19902.1%
Mar 19901.4%
Dec 19892.9%
Sep 19892.3%
Jun 19890.8%
Mar 19892%
Dec 19883.5%
Sep 19883.1%
Jun 19884.8%
Mar 19885.2%
Dec 19875.9%
Sep 19877.5%
Jun 19878.7%
Mar 19878.1%
Dec 19867.3%
Sep 19865.9%
Jun 19865.7%
Mar 19866.6%
Dec 19856.5%
Sep 19859.6%
Jun 19857.4%
Mar 19858.6%
Dec 198415.3%
Sep 19846.5%
Jun 19849.1%
Mar 19843%
Dec 1983-5%
Sep 19834%
Jun 19836.2%
Mar 19835%
Dec 19824.4%
Sep 19828.1%
Jun 19822.1%
Mar 19829.6%
Dec 19818.9%
Sep 19812.6%
Jun 19817.8%
Mar 19811.6%
Dec 19801.7%
Sep 19800.6%
Jun 19804.3%
Mar 19807.9%
Dec 197912.3%

Source: FHFA house price index; recession dates from NBER · data through Q2 2026

FHFA's all-transactions index for the Greensboro metro area in the second quarter of 2026 was 4.9% above its level a year earlier. Since 1979, prices have risen an average of 4.0% a year. Nationally, prices were 3.0% higher than a year earlier.

Why it matters. Long-run context shows how the latest change in Greensboro home prices compares with the market's own history, including the recessions shaded on the chart. When appreciation slows, sellers have less room for a list price to run ahead of recent sales, and buyers feel less pressure to stretch to keep up; when it speeds up, the reverse holds: list prices can run ahead of recent sales and buyers compete harder.

Price reconciliation

red · 5.5pp

Redfin (metro)

-0.6%

FHFA HPI · Q2 2026

+4.9%

Year-over-year home-price change from two independent methods — Redfin (sale prices over the last 3 months) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.

More markets in NC

AshevilleBurlingtonCharlotteDurhamFayettevilleGoldsboroGreenvilleHickoryJacksonvillePinehurstRaleighRocky Mount

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ZIP-level data

ZIPMedian list priceActive listingsNew listingsPrice reductionsDays on marketHome value
27262$326K↓94↑36↓28↑66↓$211K↓
27265$359K↑201↑56↑92↑52↑$302K↑
27288$230K↑112↓32↓32↓70↑$147K↓
27320$298K↑115↓40↑48↓62↓$211K↑
27358$705K↑75↓28↑3248↑$518K↑
27401$253K↓83↑28↑16↑62↓$179K↓
27405$280K↓127↑40↓64↑73↑$216K↓
27406$295K↓108↑44↑36↑53↑$224K↑
27407$290K↓112↑44↓48↑59↑$240K↓
27408$445K↑71↑36↓24↓59↑$345K↑
27410$368K↓196↑72↑68↑52↑$356K↑
27455$415K↓144↑52↓52↑59↑$369K↓

ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.