menu
Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Greensboro, GA Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Greensboro, GA Housing Market Trends

With 3,603 people, 1,526 houses or apartments, and a median cost of homes of $152,090, house prices in Greensboro are solidly below the national average.

Single-family detached homes are the single most common housing type in Greensboro, accounting for 57.98% of the city's housing units. Other types of housing that are prevalent in Greensboro include large apartment complexes or high rise apartments ( 15.71%), mobile homes or trailers ( 14.60%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 10.25%).

People in Greensboro primarily live in small (one, two or no bedroom) single-family detached homes. Greensboro has a mixture of owner-occupied and renter-occupied housing.

Greensboro homes and real estate are some of the newest in America. 30.00% of Greensboro's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Greensboro real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 27.48%), and between 1940-1969 ( 23.25%). There's also some housing in Greensboro built before 1939 ( 19.26%).

Greensboro Home Appreciation Rates

Real estate appreciation rates in Greensboro's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.82% during the period.

NeighborhoodScout's data show that during the latest twelve months, Greensboro's appreciation rate, at 6.66%, has been at or slightly above the national average. In the latest quarter, Greensboro's appreciation rate has been 0.64%, which annualizes to a rate of 2.59%.

Relative to Georgia, our data show that Greensboro's latest annual appreciation rate is lower than 60% of the other cities and towns in Georgia.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Greensboro differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Greensboro - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Greensboro real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$152,090

Greensboro, GA Home Prices
> $1,192,000
$894,001 - $1,192,000
$596,001 - $894,000
$477,001 - $596,000
$358,001 - $477,000
$238,001 - $358,000
$119,001 - $238,000
$59,001 - $119,000
$0 - $59,000
0.3%
0.3%
3.3%
3.3%
0.8%
0.8%
0.0%
0.0%
8.8%
8.8%
10.8%
10.8%
25.8%
25.8%
36.7%
36.7%
13.4%
13.4%
0% 100.0%
% of Homes
Low

for Georgia

Very Low

for nation

Number of Homes And Apartments:

1,526

Greensboro Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,169 / per month

Homeownership Rate

Owners
Renters
61.2%
61.2%
38.8%
38.8%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
6.4%
6.4%
93.6%
93.6%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
30.0%
30.0%
27.5%
27.5%
23.3%
23.3%
19.3%
19.3%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
58.0%
58.0%
1.5%
1.5%
10.2%
10.2%
15.7%
15.7%
14.6%
14.6%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.0%
0.0%
5.4%
5.4%
42.0%
42.0%
35.9%
35.9%
6.9%
6.9%
9.8%
9.8%
0% 100.0%
% of Homes