Is Greensboro, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Greensboro has remained a Neutral Market.
Housing Prices in Greensboro, GA
How much do homes in Greensboro, GA cost?
Median Sold Price
$655,000
$243/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Greensboro was $655,000 in April 2024, up 6.1% from last year, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $349.4K | $374.9K | +7.3% |
3 Bedrooms | $429.9K | $520.9K | +21.2% |
4 Bedrooms | $860K | $820K | -4.7% |
5+ Bedrooms | $1.5M | $2.1M | +41.9% |
Summary: Greensboro housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 21.2%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes increased by 41.9%.
Housing Supply in Greensboro, GA
How many homes are available in Greensboro, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
191 | 217 | +13.6% |
Summary: The Greensboro real estate market had 217 homes for sale in April 2024, a 13.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 20 | 20 | 0.0% |
3 Bedrooms | 56 | 63 | +12.5% |
4 Bedrooms | 70 | 78 | +11.4% |
5+ Bedrooms | 45 | 56 | +24.4% |
Summary: The Greensboro housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes increased by 24.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
30 | 36 | +20.0% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 36 homes were sold or pending in Greensboro in April 2024, up by 20.0% month-over-month. Of the 32 sold homes, 81% were sold under asking, 19% were sold at asking, and 0% were sold over asking.
Days on Market for Greensboro, GA
How long does it take to sell a home in Greensboro, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
50 Days | 75 Days | +48.9% |
Summary: Homes in Greensboro had an average of 75 days on market in Apr 2024, up by 48.9% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During April 2024, 36 homes were sold in Greensboro; 31% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.