Is Greensboro, NC 27407 a buyer’s or seller’s market?
Greensboro is a seller’s market. With about 3.5 months of supply and 20% 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.
More competitive than 46% of U.S. ZIP codes, and #88 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
The Greensboro housing market right now
In the three months ending August 31, 2026, 20% of homes in Greensboro, NC 27407 sold above their list price, the typical home went under contract in 34 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 122 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 22%, homes sold about as fast and the median sale price held steady to $270,133. Overall, Greensboro is about as competitive as it was a year ago.
Within Guilford County, homes here sell faster than in 86% of the county’s ZIP codes, and sell more often over asking than in 71%. On our competition score, Greensboro ranks #88 of 424 NC ZIP codes with enough sales (score 45 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.
Run the numbers for 27407
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 →Towns like Greensboro nearby
Find towns like Greensboro in other states →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 3.5 months of supply in Greensboro, NC 27407 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 34 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 97.7% 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 $270,133 in the three months ending August 31, 2026, about $179 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