Is Greensboro, NC 27405 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Greensboro is a seller’s market. With about 3.1 months of supply and 15% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score38/ 100

More competitive than 36% of U.S. ZIP codes, and #153 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 supply3.1Under 4 months = seller’s market
Sold above original list14.9%Share of sales, last 3 months
Median sale-to-list98.5%Sold price ÷ list price
Median days on market64Listing to accepted offer
Median price per sq ft$164▼ −1.8% vs. last year

The Greensboro housing market right now

In the three months ending August 31, 2026, 15% of homes in Greensboro, NC 27405 sold above their list price, the typical home went under contract in 64 days and there were 3.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 166 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 20%, homes sold more slowly (49 days then) and the median sale price fell 6% to $251,891. Overall, Greensboro is less competitive than a year ago, which gives buyers more room.

Within Guilford County, homes here sell more slowly than in 90% of the county’s ZIP codes, and sell less often over asking than in 67%. On our competition score, Greensboro ranks #153 of 424 NC ZIP codes with enough sales (score 38 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 27401Balanced $177 /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 seller’s market: there were 3.1 months of supply in Greensboro, NC 27405 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 64 days in the latest three months.

Do homes in Greensboro sell over asking?

15% of homes sold above their original list price, and the typical sale closed at 98.5% 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 $251,891 in the three months ending August 31, 2026, about $164 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