$3,384 Closing Credit*
$285,000
1,344 SqFt
3 Beds
•2 Full Baths
Kaitlyn Cole Collins, Listing Office: Benson & Mangold, LLC
Is Greensboro, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Greensboro has remained a Buyer'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, MD
How much do homes in Greensboro, MD cost?
Median Sold Price
$325,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,000(+14.0%)
Key Takeaway
Homes in Greensboro have sold for 14% more than they did a year ago.
Summary: The median home sold price in Greensboro was $325,000 in November 2024, up 14% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $224K | $224K | 0.0% |
| 3 Bedrooms | $299.9K | $338K | +12.7% |
| 4 Bedrooms | $285K | $322.7K | +13.2% |
| 5+ Bedrooms | $379K | $322.5K | -14.9% |
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 did not change, 3 bedroom homes increased by 12.7%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes decreased by 14.9%.
Housing Supply in Greensboro, MD
How many homes are available in Greensboro, MD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 18 | -10.0% |
Summary: The Greensboro real estate market had 18 homes for sale in November 2024, a 10.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 4 | 3 | -25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Greensboro housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 1 | -83.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Greensboro, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Greensboro in November 2024, down by 83.3% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Greensboro, MD
How long does it take to sell a home in Greensboro, MD?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 2 Days | -94.4% |
Summary: Homes in Greensboro had an average of 2 days on market in Nov 2024, down by 94.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Greensboro are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Greensboro; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
