Is Greensboro, NC 27408 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 months of supply and 23% 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 score49/ 100

More competitive than 50% of U.S. ZIP codes, and #57 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 supply3Under 4 months = seller’s market
Sold above original list23.1%Share of sales, last 3 months
Median sale-to-list98.2%Sold price ÷ list price
Median days on market41Listing to accepted offer
Median price per sq ft$206▼ −1.9% vs. last year

The Greensboro housing market right now

In the three months ending August 31, 2026, 23% of homes in Greensboro, NC 27408 sold above their list price, the typical home went under contract in 41 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 80 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 29%, homes sold more slowly (29 days then) and the median sale price fell 24% to $320,861. Overall, Greensboro is less competitive than a year ago, which gives buyers more room.

Within Guilford County, homes here sell faster than in 52% of the county’s ZIP codes, and sell more often over asking than in 86%. On our competition score, Greensboro ranks #57 of 424 NC ZIP codes with enough sales (score 49 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) is 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 months of supply in Greensboro, NC 27408 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 41 days in the latest three months.

Do homes in Greensboro sell over asking?

23% of homes sold above their original list price, and the typical sale closed at 98.2% 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 $320,861 in the three months ending August 31, 2026, about $206 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