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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greensboro is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Greensboro was a Seller's Market.

Key Takeaway

Greensboro is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Greensboro, GA

How much do homes in Greensboro, GA cost?

Median Sold Price

$809,900

$253/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$154,566(+23.6%)

Key Takeaway

Homes in Greensboro have sold for 23.6% more than they did a year ago.

Summary: The median home sold price in Greensboro was $809,900 in November 2024, up 23.6% from last year, and the median price per square foot was $253.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $359.4K$393K
+9.3%
3 $520.4K$527.5K
+1.4%
4 $840K$886.9K
+5.6%
5+ $2.1M$1.6M
-21.7%

Summary: Greensboro housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 21.7%.

Housing Supply in Greensboro, GA

How many homes are available in Greensboro, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
219212-3.2%

Summary: The Greensboro real estate market had 212 homes for sale in November 2024, a 3.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 2922
-24.1%
3 5751
-10.5%
4 8085
+6.3%
5+ 5253
+1.9%

Summary: The Greensboro housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 24.1%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 1.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2823-17.9%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greensboro, you may be able to get a good deal. 77.3% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in Greensboro in November 2024, down by 17.9% month-over-month. Of the 22 sold homes, 77% were sold under asking, 18% were sold at asking, and 5% 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

Nov 2023Nov 2024CHANGE
42 Days75 Days+75.3%

Summary: Homes in Greensboro had an average of 75 days on market in Nov 2024, up by 75.3% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Greensboro has remained consistent over time.

Summary: During November 2024, 23 homes were sold in Greensboro; 22% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

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