Market snapshot

Greensboro, NC Investor Market Snapshot

Cash-buyer and investment activity over the last 12 months.

Data last updated

In Greensboro, investors own about 1,332 tracked properties across 82 active buyers, with a median investor purchase price near $177,000. 295 were acquired in the last 12 months.

82
Active Cash Buyers
1,332
Investor-Owned Properties
295
Acquisitions (12 mo)
$177,000
Median Purchase Price

Acquisition Activity

Acquisitions (last 12 mo)295
Acquisitions (last 24 mo)553
Share acquired in last 12 mo22.1%
Average purchase price$194,000
New construction (30 days)0
New construction (60 days)0
New construction (90 days)0
New construction investments597
Gated contacts available259

Property Characteristics

Top property typeSingle Family Residential
Most common bed / bath3 bd / 2 ba
Median bedrooms3
Median baths2
Median building size (sqft)1,407
Average building size (sqft)1,549
Median year built1988
Average year built1980
Built before 198044.8%

Investment Strategy Mix

Buy & Hold50.7%
Value-Add / Rehab44.8%
New Construction4.5%

Hottest ZIP codes for investors

27406 · 9827405 · 5727401 · 31
Market read

What investors are doing in Greensboro

There are 82 buyers paying cash in Greensboro today, against a standing position of about 1,332 properties. Each averaged about 3.6 purchases over the last 12 months, which is the signature of a market worked by repeat, high-volume operators — expect a short list of names to account for most of the deal flow.

Deal flow clusters in 27406, 27405 and 27401. Those ZIPs lead Greensboro on investor purchases, so they repay attention first before working outward through the rest of the city.

The trend is upward: 295 purchases this year against 258 last, about 14% more. Expect contracts to move faster and price expectations to firm up.

The median investor purchase lands near $177,000. An average of $194,000 that close to the median means one price band describes nearly the whole market.

50.7% of tracked activity in Greensboro is buy & hold. Because these buyers underwrite to cash flow, a credible rent figure moves a deal further than a renovation estimate.

Investor-held stock here dates to a median of 1988. 44.8% of the stock is pre-1980 — budget for older wiring, plumbing and the paperwork that comes with it.

Figures describe recorded investor purchases in this city and are refreshed as new records are processed. They describe past activity and are not a forecast or investment advice.

Answers

Answers to the usual questions

How many investors are active in Greensboro?
There are 82 active investors owning 1,332 tracked properties in Greensboro.
What is the median investor purchase price in Greensboro?
The median investor purchase price is about $177,000 in Greensboro.
How active is the Greensboro investor market recently?
295 properties were acquired by investors in the last 12 months in Greensboro.
Is there recent new-construction investor activity in Greensboro?
0 new-construction homes were acquired by investors in Greensboro in the last 90 days.

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