Median Sale Price
$303,000
+16.5% YoY
Active Inventory
767
Days on Market
65 days
Price Drops
32.7%

Single-Family vs. Condo

Source: Redfin (property-type breakdown)
Single-Family Median
$335,000
+4.4% YoY
Condo / Co-op Median
$157,000
+4.7% YoY
SFR vs. Condo YoY Gap
-0.3%
condos outperforming SFR

Buyer vs. Seller Market Indicators

Latest month — Redfin
Months of Supply
3.7 mo
Balanced

Inventory ÷ monthly sales. Below 3 = strong seller market; 3-6 balanced; above 6 = buyer market.

Sale-to-List Ratio
97.6%
At asking

Median closing price ÷ original list price. Above 100% = homes routinely closing above asking.

% Sold Above List
15%
Buyer-favorable

Share of closed sales priced above asking. The single cleanest read on bidder competition.

What does your sqft target cost in Greensboro, North Carolina?

$175/sqft median (Redfin)
+$0 adj
+$0 adj
optional
Estimated price
$349,038
Above median (+15% vs median)
Region median
$303,000
all homes
Price-tier reverse lookup — what sqft does each price band buy?
$600,000
≈ 3,438 sqft
$1,200,000
≈ 6,876 sqft
$2,000,000
≈ 11,460 sqft
$5,000,000
≈ 28,650 sqft

Estimate = (median $/sqft × your sqft) + bed/bath/lot adjustments. Bed and bath adjustments use Appraisal Institute / Fannie Mae standard rules of thumb (~$15K/extra bedroom, ~$20K/extra bathroom vs. a 3bd/2ba baseline; half-bath = half adj). Lot premium is a $1.50/sqft heuristic beyond a 6,000 sqft baseline — accuracy varies sharply by urban infill vs. acreage market. Quality, condition, year built, and HOA are not modeled here. For a deeper county-level hedonic AVM, see AVM Lite.

Rent + invest vs. buy + own — backtested

15-yr rolling history · S&P 500
Property type:
Upfront capital committed (both paths): $70K = 20% down + 3% closing on a $303K home
BUY + OWN
Median ending wealth $266K $162K real
Net gain on $70K upfront: $196K
Range: $266K → $266K
Wealth = home value (appreciated at 3%/yr) − remaining mortgage − 6% selling cost. Gain = wealth − upfront. Leveraged appreciation on full $303K asset comes from the 20% down.
RENT + INVEST
Median ending portfolio $386K $291K real
Net gain on $98K contributed: $287K
Range: $166K → $1.13M
Same upfront cash + each year's (own − rent) surplus invested in S&P 500 at actual annual returns. Median renter contributed $98K total.
Median wealth delta: $119K in favor of RENT + INVEST
What if you'd started in a recent year? (most-recent 15yr window: 2011–2025)
WindowBuy wealthBuy gainRent wealthRent gainWealth delta
2011–2025$266K$196K$595K$497K$329K rent
2010–2024$266K$196K$610K$512K$344K rent
2009–2023$266K$196K$604K$506K$338K rent
2008–2022$266K$196K$348K$249K$81K rent
2007–2021$266K$196K$444K$346K$178K rent
2006–2020$266K$196K$386K$287K$119K rent
2005–2019$266K$196K$340K$242K$74K rent
2004–2018$266K$196K$282K$184K$16K rent

Educational tool, not investment or real-estate advice. Past performance does not guarantee future results. Backtests use actual annual total returns including dividends from S&P 500 (Damodaran (NYU Stern) annual total return (with dividends), 1957-present.).

Buyer model: 30-yr fixed mortgage, P&I + property tax + insurance + maintenance (1% of value/yr) + HOA. Selling cost = 6%. Investor model: down payment + annual cashflow surplus invested in the chosen index at that calendar year's actual return.

Tax model: pre-tax comparison. Toggle "after-tax mode" to apply MID, SALT, LTCG, and the Sec 121 capital-gains exclusion.

This calculator does not adjust for: PMI (assumed 20%+ down), differential transaction costs by state, lifestyle factors (commute, schools, kids), illiquidity / forced-sale risk, or insurance availability constraints (e.g., FL/CA wildfire). Consult a fiduciary advisor and tax professional before acting on any of this.

Cost-of-living escalation — North Carolina (7 categories)

7-yr trajectories · state-grain (no city-grain data published)
Electricity (residential) latest 2025 · ¢/kWh
13.21¢
+2.7% YoY +29.3% since 2019
19
20
21
22
23
24
25
~$119/mo at 900 kWh
🔥
Natural gas (residential) latest 2025 · $/mo
$97
+2.9% YoY +35.0% since 2019
19
20
21
22
23
24
25
monthly bill at typical 60 therms
🛒
Groceries (food at home) latest 2025 · $/mo
$590
+2.5% YoY +33.6% since 2019
19
20
21
22
23
24
25
BLS CPI food-at-home, RPP-adjusted
🏠
Homeowners insurance latest 2025 · $/yr
$2,230
+7.5% YoY +72.1% since 2019
19
20
21
22
23
24
25
NAIC HO-3 statewide avg
🏥
Health insurance (family contribution) latest 2025 · $/yr
$6,375
+5.2% YoY +30.7% since 2019
19
20
21
22
23
24
25
KFF family worker share
🚗
Auto insurance latest 2025 · $/yr
$1,729
+6.7% YoY +64.1% since 2019
19
20
21
22
23
24
25
state avg full-coverage
👶
Childcare (infant, center) latest 2025 · $/yr
$10,857
+5.0% YoY +27.1% since 2019
19
20
21
22
23
24
25
Child Care Aware annual report

Trajectories anchor each state's most recent published value to the corresponding national YoY pattern (electricity → EIA, natural gas → EIA, groceries → BLS CPI food-at-home, homeowners insurance → NAIC, healthcare → KFF Employer Health Benefits, auto insurance → BLS CPI motor vehicle insurance, childcare → Child Care Aware "Price of Care"). City-grain data is not published for any of these categories — Greensboro inherits North Carolina's state-level series. Per-household costs vary by provider, plan, household size, and usage.

Who lives here

Census ACS 5-year (place-level)
Population
298,564
Median Household Income
$58,884
5.2× home price
Owner-Occupied
50.3%
Vacancy Rate
9.3%

9.5% of housing was built before 1950 — older stock often means smaller bedrooms, deferred maintenance, and 1-bath layouts.

Market Pressure Signals

Derived from Redfin trend
Inventory vs. Long-Term Avg
+26.2%
surplus — buyer leverage
DOM vs. 24-Mo Avg
+61.8%
currently 65 days
Long-Term Avg Inventory
608
Long-Term Avg DOM
40 days

Value / Rent

state ZORI mean (city rent unavailable from public sources)
Value / Rent
17.0×
typical

City rent data isn't published in Zillow's public CSVs. We use the state-level ZORI mean as the rent reference. The state-level rent is a useful approximation for big metros within a state but can mislead in extreme outlier cities.

Trends

Up to 5 years of monthly data

Median Sale Price

Trailing 12 months

Active Inventory

Trailing 12 months

Days on Market

Trailing 12 months

State-level data: North Carolina statewide stats →

Verify any number on this page: data sources, formulas, and cross-references →