The housing market in the Greensboro-High Point, NC Metro Area is very strong. The median value of homes in this area is $211,800 which is significantly lower than the US House Median Value of $338,100. This makes the area an attractive option for homebuyers looking to purchase a property at a discounted price. The house appreciation rate over the past year has been even more impressive in this area with rates reaching 17.02%. This is almost double the US 1 year House Appreciation rate of 8.27%. Clearly, Greensboro-High Point, NC Metro Area is a great choice for those looking to invest in real estate.
The median home cost in Greensboro-High Point Metro Area is $211,800. Home appreciation the last 10 years has been 85.5%. Home Appreciation in Greensboro-High Point Metro Area is up 21.6%.
Average Age of Homes
- The median age of Greensboro-High Point Metro Area real estate is 35 years old
The Rental Market in Greensboro-High Point Metro Area
- Renters make up 32.1% of the Greensboro-High Point Metro Area population
- 2.0% of houses and apartments in Greensboro-High Point Metro Area, 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.