Greensboro, AL is an area with a housing market that is significantly lower than the national average. The median value for homes in Greensboro is $108,500, over $230,000 less than the US median of $338,100. Despite this large difference, the housing appreciation rate in Greensboro is still higher than the nation at 14.92%, compared to 8.27%. This indicates that the Greensboro real estate market is booming and values are rising quickly. With such a large price gap between Greensboro and the rest of the country, it's likely that those looking for an affordable home should consider this area.
The median home cost in Greensboro is $108,500. Home appreciation the last 10 years has been 61.6%. Home Appreciation in Greensboro is up 18.1%.
Average Age of Homes
- The median age of Greensboro real estate is 44 years old
The Rental Market in Greensboro
- Renters make up 38.2% of the Greensboro population
- 0.0% of houses and apartments in Greensboro, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.