Zip 27407 (Greensboro, NC) Housing

The housing market in 27407 Greensboro, NC is thriving. The median value of homes in the area is $219,800, which is significantly lower than the US house median value of $338,100. This makes it an attractive option for potential home buyers who are looking to find a good deal. Furthermore, homes in the area have experienced a 17.34% appreciation rate over the past year - significantly higher than the 8.27% appreciation rate nationwide. This indicates that there may be some great opportunities available for those wishing to purchase property in 27407 Greensboro, NC.

The median home cost in Greensboro (zip 27407) is $219,800. Home appreciation the last 10 years has been 84.6%. Home Appreciation in Greensboro (zip 27407) is up 19.5%.

Average Age of Homes

- The median age of Greensboro (zip 27407) real estate is 33 years old

The Rental Market in Greensboro (zip 27407)

- Renters make up 47.2% of the Greensboro (zip 27407) population
- 3.2% of houses and apartments in Greensboro (zip 27407), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Greensboro, North Carolina	United States
	23,462.0	139,647,020.0
	35	42
	$219,800	$338,100
	19.5%	16.6%
	60.6%	57.0%
	84.6%	101.1%
	$10.65	$10.98
	$1,701	$2,690
	43.7%	57.4%
	7.7%	11.2%
	48.6%	31.4%
Vacant Housing
	3.2%	1.9%
	0.2%	0.4%
	0.8%	0.7%
	0.0%	0.4%
	0.8%	3.6%
	2.7%	4.1%
Value of Owner-Occupied Housing
	3.0%	2.6%
	0.6%	2.4%
	2.5%	2.8%
	4.0%	3.9%
	6.3%	4.5%
	27.6%	11.3%
	22.7%	13.0%
	19.2%	20.1%
	6.3%	13.6%
	3.4%	8.3%
	2.2%	9.7%
	0.7%	3.9%
	1.6%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	12.6%	13.6%
	12.6%	13.6%
	22.5%	13.6%
	23.0%	13.2%
	13.4%	14.8%
	22.5%	13.6%
	7.0%	10.0%
	2.5%	4.7%
	2.4%	12.2%

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