Is Greensboro, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Greensboro has remained a Buyer's Market.
Housing Prices in Greensboro, GA
How much do homes in Greensboro, GA cost?
Median Sold Price
$682,500
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Greensboro was $682,500 in February 2024, up 69.6% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $240K | $364.9K | +52.1% |
3 Bedrooms | $325K | $520.9K | +60.3% |
4 Bedrooms | $525K | $841.2K | +60.2% |
5+ Bedrooms | $1.5M | $2.1M | +39.3% |
Summary: Greensboro housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 52.1%, 3 bedroom homes increased by 60.3%, 4 bedroom homes increased by 60.2%, and 5+ bedroom homes increased by 39.3%.
Housing Supply in Greensboro, GA
How many homes are available in Greensboro, GA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
150 | 165 | +10.0% |
Summary: The Greensboro real estate market had 165 homes for sale in February 2024, a 10.0% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 17 | 21 | +23.5% |
3 Bedrooms | 49 | 45 | -8.2% |
4 Bedrooms | 60 | 64 | +6.7% |
5+ Bedrooms | 24 | 35 | +45.8% |
Summary: The Greensboro housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 23.5%, 3 bedroom homes decreased by 8.2%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 45.8%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
22 | 21 | -4.5% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Greensboro in February 2024, down by 4.5% month-over-month. Of the 17 sold homes, 71% were sold under asking, 18% were sold at asking, and 12% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
61 Days | 69 Days | +12.9% |
Summary: Homes in Greensboro had an average of 69 days on market in Feb 2024, up by 12.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During February 2024, 21 homes were sold in Greensboro; 19% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.