Is Greensboro, NC 27401 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Greensboro is a balanced market. With about 5.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score33/ 100

More competitive than 29% of U.S. ZIP codes, and #205 of 424 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply5.4Under 4 months = seller’s market
Sold above original list20%Share of sales, last 3 months
Median sale-to-list97.4%Sold price ÷ list price
Median days on market51Listing to accepted offer
Median price per sq ft$177▼ −4.4% vs. last year

The Greensboro housing market right now

In the three months ending August 31, 2026, 20% of homes in Greensboro, NC 27401 sold above their list price, the typical home went under contract in 51 days and there were 5.4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 41 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 24%, homes sold more slowly (36 days then) and the median sale price fell 3% to $212,908. Overall, Greensboro is less competitive than a year ago, which gives buyers more room.

Within Guilford County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell more often over asking than in 67%. On our competition score, Greensboro ranks #205 of 424 NC ZIP codes with enough sales (score 33 out of 100).

Nearby, buyers who want less competition could look at Julian 27283 (0% sold over asking) or Gibsonville 27249 (6% sold over asking), while Colfax 27235 (33% sold over asking) and Greensboro 27403 (24% sold over asking) are even more competitive.

Nearby markets

Browns Summit 27214Buyer’s market $184 /sq ftColfax 27235Balanced $172 /sq ftGibsonville 27249Seller’s market $173 /sq ftGreensboro 27403Seller’s market $186 /sq ft Browse all markets →

Where Greensboro is

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Questions about Greensboro real estate

Is Greensboro a buyer’s or seller’s market?

A balanced market: there were 5.4 months of supply in Greensboro, NC 27401 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Greensboro?

The typical home went under contract in 51 days in the latest three months.

Do homes in Greensboro sell over asking?

20% of homes sold above their original list price, and the typical sale closed at 97.4% of the list price.

What are property taxes in Greensboro?

About 0.84% of a home’s value a year in Guilford County, or roughly $3,360 on a $400,000 home.

What is the median home price in Greensboro?

The median sale price was $212,908 in the three months ending August 31, 2026, about $177 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology