The housing median value in 27409 Greensboro, NC is $190,800, which is much lower than the national average of $338,100. Despite this fact, house appreciation in this area has been quite strong over the last year at 17.34%, well above the national average of 8.27%. This makes Greensboro an attractive place to invest in real estate as there may still be potential for great returns. With a lower housing market median value than the nationwide median it can also be easier to purchase a home or investment property here.
The median home cost in Greensboro (zip 27409) is $190,800. Home appreciation the last 10 years has been 84.6%. Home Appreciation in Greensboro (zip 27409) is up 19.5%.
Average Age of Homes
- The median age of Greensboro (zip 27409) real estate is 29 years old
The Rental Market in Greensboro (zip 27409)
- Renters make up 55.7% of the Greensboro (zip 27409) population
- 6.7% of houses and apartments in Greensboro (zip 27409), 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.