The housing market in Greensboro, GA is booming. The median value of a house in Greensboro is significantly higher than the US median value at $623,700 compared to $338,100. Furthermore, the 1 year appreciation rate for houses in Greensboro is 15.68%, significantly higher than the US average of 8.27%. This means that, on average, houses in Greensboro are increasing in value at a much faster rate than the rest of the country. This makes buying or investing in property in Greensboro an attractive option for those looking to take advantage of this hot market.
The median home cost in Greensboro is $623,700. Home appreciation the last 10 years has been 140.4%. Home Appreciation in Greensboro is up 25.1%.
Average Age of Homes
- The median age of Greensboro real estate is 40 years old
The Rental Market in Greensboro
- Renters make up 54.7% of the Greensboro population
- 2.7% 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.