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Greensboro, NC Real Estate


According to census data in the year 2000 there were 99,133 housing units in Greensboro. This represents a 23.3% growth from 80,411 in 1990.

Of those housing units, 98,658 were located in either urbanized areas or urban clusters, and 475 were located in what is classified as a rural area.

Homeownership rate in Greensboro is about 52.9%. Greensboro's vacancy rate, including seasonal lodging, is about 7%. Average household size is 2.3 people.

The majority of houses, apartments or condos in Greensboro were built after 1974.

Statistics

Housing Size

Housing Units by Size
Studio Type2.20%
One Bedroom14%
Two Bedrooms33.40%
Three Bedrooms36%
Four Bedrooms11.80%
Five Bedrooms or more2.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.43
Median year structure was built1971
Median Value of occupied units$108,600
Median Price asked for vacant units$108,000

Rented Homes, Apartments and Condos

Average Household Size2.15
Median year structure was built1976
Median Monthly Rent asked for vacant units$540

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage9.40%
Home Equity Loan12.10%
Simple Mortgage51.50%
Debt Free26.40%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18.6%