Area Insights of Greensboro, NC

Stay ahead with market trends and local insights that matter.

Demand Insights

The market shows moderate activity with a price ratio of 2%, reflecting steady buyer interest. A total of 3526 homes were sold with 923 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

Greensboro, NC

Date

04-09-2023

Price Ratio

101%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

Brookhaven Country Day School

KG to KG

Hope Academy Gso

KG to 8

Bnai Shalom Day School

PK to 8

Greensboro Montessori School

PK to 8

Our Lady of Grace Catholic School

PK to 8

Middle School

No schools available

High School

Guilford Elearning University Preparatory

6 to 12

Gc Middle College High School

11 to 12

Ratings

B+

Southern Guilford High School

9 to 12

Ratings

D

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Population dynamics, income levels, and employment patterns are key indicators of real estate demand and future growth. Use these insights to make well-informed decisions.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 10% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (333,934)
156,281 Male
177,653 Female
Education
22% High School
10% Associate
25% Bachelor
15% Graduate
Age

Average Age is 37 Years

Household Details

The area's household landscape is diverse, with 54% owner-occupied homes and 46% renter-occupied properties. Family households represent 57% of the population, indicating a strong community focus on family living. The average home value stands at $335,500, which suggests ample demand for multi-bedroom properties.

Total Households
137,651
Average home value
$335,500
Owned
54%
Rented
46%
Vacant
7%
Families
57%
Married
36%
With children
30%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 5% Asian, 39% Black, and 1% Native residents, alongside 42% White and 10% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 27% of households earning over $100,000 annually, while 29% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
2%
Healthcare
16%
Professional
5%
Education
11%
Services
26%
Labor
18%
Retail
15%
Other
7%
Explore Listings in Greensboro, NC