Zip Code 27406

Greensboro, NCGuilford County

Real Estate Market Analysis

Q3 2025 Report
$217,529 (Mar 2025)
Median Home Value
~65,000 (est.)
Population
$48,000 (est.)
Median Income
Average (C+ to B-, varies by school)
School District Rating

Market Statistics

Property Values

$217,529 (Mar 2025)
Median Home Value
$1,350–$1,600 (est., varies by property type)
Median Rent
$162 (Jun 2025)
Price per Sq Ft

Market Performance

Home Appreciation+1.9% (Mar 2025 YoY); +6.6% (Jun 2025 YoY)
Market Velocity23 days median to pending; seller's market, homes sell quickly[1][4]
Foreclosure RateLow (consistent with Greensboro averages; no spike reported)

Area Information

Area SizeApprox. 40 sq mi
CountyGuilford
Primary CityGreensboro

Housing Profile

Housing Statistics

Total Housing Units~15,000 (est.)
Owner Occupied~55% (est.)
Rental Properties~45% (est.)
Vacant Units~7% (est.)
New ConstructionActive, but majority are existing homes; some infill and townhome projects[2]

Housing Types

Single-family homesTownhomesApartmentsManufactured homes

Demographics

~65,000 (est.)
Population
34 (est.)
Median Age
$48,000 (est.)
Median Income
~95% (unemployment ~5%, est.)
Employment Rate
High school grad or higher: ~85%; Bachelor's or higher: ~22% (est.)
Education Levels
Mix of families, singles, and retirees; moderate household size
Family Composition

Education Quality

School District Performance

Average (C+ to B-, varies by school)
District Rating
School DistrictGuilford County Schools
Test ScoresSlightly below state average (varies by school)
Graduation Rates~85% (district average)

Schools in Area

  • Southern Guilford High School
  • Allen Middle School
  • Sumner Elementary School
  • Southeast Middle School

Economic Factors

Employment & Business

Job GrowthSteady, +1.5% YoY (metro area)
Unemployment Rate~5% (metro avg.)
Business EnvironmentDiverse, with strong healthcare, education, and manufacturing sectors
Commercial ActivityModerate; retail and service businesses along major corridors

Major Employers

  • Cone Health
  • Guilford County Schools
  • Honda Aircraft
  • Volvo Trucks
  • City of Greensboro

Infrastructure & Quality of Life

Infrastructure

Transportation Access

  • I-85
  • US-421
  • Greensboro Transit Authority bus routes

Utilities & Services

  • Duke Energy
  • Piedmont Natural Gas
  • City of Greensboro Water/Sewer

Quality of Life

Safety & Environment

Moderate; higher than city average in some pockets, but improving[4]

Good; air and water quality meet state standards

Healthcare Access

  • Cone Health hospitals
  • Urgent care clinics
  • Primary care offices

Development Trends

Planned Developments

  • Small-scale residential infill
  • Townhome communities

Infrastructure Projects

  • Road widening on key corridors
  • Sidewalk and bike lane additions

Investment Outlook

Growth Outlook

Moderate, steady population and housing growth expected

Investment Opportunities

  • Single-family rentals
  • Value-add renovations
  • Townhome development

Marketing Intelligence

Target Demographics

  • First-time buyers
  • Young families
  • Investors
  • Move-up buyers

Competitive Advantages

  • Lower price point than city median
  • Faster sales velocity
  • Diverse housing stock

Pricing Strategies

Price slightly below city median to attract value-seekers; use recent comps to justify list price

Common Objections & Response Strategies

Objection: Some areas have higher crime rates.

Response Strategy:

Highlight recent improvements, neighborhood watch programs, and specific safer subdivisions.

Objection: School ratings are average or below average.

Response Strategy:

Point to specific schools with better performance, discuss magnet/charter options, and emphasize community involvement.

Objection: Older housing stock needs updates.

Response Strategy:

Showcase renovated properties, discuss renovation loan options, and highlight value-add potential.

Professional Recommendations

1

Leverage recent sales comps to set realistic expectations for sellers and buyers.

2

Market to first-time buyers and investors with affordability and cash flow messaging.

3

Highlight renovated and move-in ready homes to address concerns about older stock.

4

Stay informed on school and crime trends to proactively address buyer objections.

5

Network with local lenders for renovation and down payment assistance programs.

6

Monitor new construction and infill projects for listing and investment opportunities.

Competitive Analysis

Comparable Markets

  • 27405 (East Greensboro)
  • 27407 (Southwest Greensboro)
  • 27410 (Northwest Greensboro)

Market Positioning

Affordable, high-velocity market for entry-level and value-focused buyers

Competitive Advantages

  • Lower median price than 27410 and city average
  • Faster turnover than 27405

Price Comparison

Median home value $217,529 vs. city median $291,628 (Jun 2025)[3][4]

Investment Metrics

5.5%–6.5% (est., for SFR rentals)
Cap Rates
~7% gross yield (est.)
Rental Yields
~12–14 (est.)
Price-to-Rent
Good for well-priced rentals; positive cash flow likely with 20% down
Cash Flow
+2–4% annually (conservative estimate)
Appreciation

Buyer Journey Insights

First-Time Buyers

Strong affordability, down payment assistance available, quick sales cycle—act fast.

Move-Up Buyers

Opportunity to sell current home at a premium and upgrade within area or nearby zip codes.

Downsizers

Townhomes and smaller single-family homes offer low-maintenance options.

Investors

Attractive cap rates, strong rental demand, value-add opportunities in older homes.

Relocators

Proximity to highways and employers, diverse housing options, competitive pricing.

This zip code analysis was generated using comprehensive market data and AI intelligence.

Market conditions change rapidly - consult with local real estate professionals for the most current information.

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