Greensboro-High Point, NC

Tracey Velt's Market Report

Greensboro-High Point, NC

Single-Family Homes

HW Wire | Editorial Director | tracey@hwmedia.com | 407-716-0498

Wed Oct 09 2024
This week the median list price for Greensboro-High Point, NC is $355,000 with the market action index hovering around 43. This is less than last month's market action index of 44. Inventory has held steady at or around 1,270. Click here to stay informed with the Greensboro-High Point market!

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Median List Price		$355,000
Median Price of New Listings		$307,500
Per Square Foot		$181
Average Days on Market		78
Median Days on Market		49
Price Decreased		41%
Price Increased		1%
Relisted		7%
Inventory		1,270
Median Rent
Market Action		43
Slight Seller's Advantage

Each segment below represents approximately 25% of the market ordered by price.

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$694,400	3,399	0.5 - 1 acre	4	3.5	18	21	18	70
$409,900	2,352	0.25 - 0.5 acre	4	2.5	15	27	32	49
$299,450	1,667	0.25 - 0.5 acre	3	2	36	39	61	35
$189,000	1,160	0.25 - 0.5 acre	3	1.5	70	37	51	42

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$694,400	3,399	0.5 - 1 acre	4	3.5	18	21	18	70
$409,900	2,352	0.25 - 0.5 acre	4	2.5	15	27	32	49
$299,450	1,667	0.25 - 0.5 acre	3	2	36	39	61	35
$189,000	1,160	0.25 - 0.5 acre	3	1.5	70	37	51	42

Median Price	Top $694,400	Upper $409,900	Lower $299,450	Bottom $189,000
Sq. Ft.	3,399	2,352	1,667	1,160
Lot Size	0.5 - 1 acre	0.25 - 0.5 acre	0.25 - 0.5 acre	0.25 - 0.5 acre
Beds	4	4	3	3
Baths	3.5	2.5	2	1.5
Age	18	15	36	70
New	21	27	39	37
Absorbed	18	32	61	51
DOM	70	49	35	42

Tracey Velt's Market Report