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Sarah Mitchell

CNESRESABR

Compass Real Estate · Greensboro, AL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Greensboro, AL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Greensboro, AL Housing Market

Seller's market+10.3% YoY
Zillow, July 2026 · Refreshes monthlyRedfin, through March 2026 · No longer updatingFreddie Mac via FRED, August 2026 · Refreshes weekly

The typical home in Greensboro, AL is worth $144,892, rose 10.3% over the past year (Zillow Home Value Index, July 2026). The last median sale price Redfin published was $199,900, +42.8% year over year (through May 2026). With 2.0 months of supply and homes going under contract in about 44 days, Greensboro is a seller's market. At today's 6.66% 30-year fixed rate, 20% down on a $144,892 home is about $745/mo in principal and interest.

Key numbers for Greensboro, AL

Typical home value

$144,892

+10.3% in 12 months

Zillow, July 2026

Median sale price

$199,900

+42.8% year over year

Redfin, through March 2026

Days on market

44

Average pace

Redfin, through March 2026

Active listings

2

2.0 months of supply

Redfin, through March 2026

30-yr fixed rate

6.66%

Freddie Mac weekly average

Freddie Mac via FRED, August 2026

Median household income

$31,207

Home costs 4.6x income

U.S. Census ACS, 2023

Sale-to-list ratio

100.0%

Selling above asking

Redfin, through March 2026

Zillow figures are as of July 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Greensboro a buyer's or seller's market?

Seller's market2.0 months of supply44 days on market100.0% of asking

Greensboro, AL is a seller's market, based on 2.0 months of supply and homes selling in about 44 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Greensboro housing market data show?

Every row below is Redfin's final published month for Greensboro, AL. Redfin, through March 2026

Housing market statistics for Greensboro, AL, Redfin through May 2026
MetricValue
Median sale price$199,900
Year-over-year price change+42.8%
Median price per sq ft$120/sq ft
Median days on market44 days
Active inventory2 listings
Months of supply2.0 months
Sale-to-list price ratio100.0%
Homes sold (that month)1
Listings with a price cut50.0%
Market conditionSeller's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Greensboro is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Greensboro is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Greensboro home prices moved?

Across the 25 months we hold for Greensboro, AL, the median sale price rose 68.0%, from $119,000 in June 2021 to $199,900. The live Zillow value series has rose 10.3% in the last 12 months, which is the more current read now that Redfin's series has stopped. 50.0% of Greensboro listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 2.0 months while the sale-to-list ratio slips below its current 100.0%. Watch those two together — they move before the median does.

Redfin, through March 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Greensboro?

Priced off the typical home value of $144,892 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Greensboro, AL
Down paymentCash at closeLoan amountMonthly P&I
20%$28,978$115,914$745/mo
5%$7,245$137,648$885/mo

Zillow, July 2026 for the price · Freddie Mac via FRED, August 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $745, that implies roughly $31,924 a year before you add taxes and insurance. The median household in Greensboro earns $31,207, about $717 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 4.6x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Greensboro in the next 12 months?

Tell us your timeline. We send the Greensboro market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Greensboro?

Zillow does not publish a rent index (ZORI) for Greensboro, AL, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Greensboro?

Active listings in Greensboro, AL went from 2 in February 2024 to 2 in March 2026, a +0.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.

Active listings by month in Greensboro, AL
MonthActive listingsNew listings
April 202451
June 20243not published
July 20243not published
August 20242not published
November 202451
March 202531
April 202531
May 202542
June 202551
November 20254not published
February 202641
March 20262not published

Redfin, through March 2026

How does Greensboro compare to Alabama and the U.S.?

Greensboro homes sell for $199,90036% below the Alabama median of $312,600. Against the national median of $410,700, Greensboro runs 51% lower. Year-over-year, Greensboro moved +42.8% against Alabama's +7.2%a bigger swing than the state as a whole.

Greensboro, AL compared with Alabama and the United States
MarketMedian sale priceYoYDays on market
Greensboro, AL$199,900+42.8%44 days
Alabama statewide$312,600+7.2%57 days
United States$410,700not publishednot published

City and state rows: Redfin, through March 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Greensboro

What buyers should watch

  • Months of supply, currently 2.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 50.0%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $140 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 6.66%, every full point of rate change moves the payment on a $144,892 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Greensboro listing goes under contract in 44 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 100.0% of asking. Price at the number you want and let competition do the rest.
  • Your equity moved +10.3% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Greensboro varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Greensboro

There are currently 2 homes listed for sale in Greensboro, Alabama.

Active listings

2

Homes on market

Avg. days on market

44

Days until sale

Price drops:50.0%of listings
Sale-to-list:100.0%

How much do homes cost in Greensboro by property type?

How the Greensboro, AL market breaks down across single-family homes, condos and townhouses. Redfin, through March 2026

Median price, price per square foot, homes sold and days on market by property type in Greensboro, AL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$199,900$120/sq ft144 days

Who lives in Greensboro?

American Community Survey estimates for Greensboro. U.S. Census ACS, 2023

Population

2,390

Households

958

Median income

$31,207/yr

Median age

36.1 years

Owner-occupied

52.4%

Median home value

$126,100

Median gross rent

$710/mo

Mean commute

20.5 min

52.4% of occupied homes in Greensboro are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $126,100 against Zillow's $144,892 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.

Which public schools serve Greensboro?

4 schools tracked · 1,015 students

The largest public schools serving Greensboro, AL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Greensboro Elementary School

Grades PK-5 · 518 students

Public

Greensboro High School

Grades 9-12 · 271 students

Public

Greensboro Middle School

Grades 6-8 · 226 students

Public

College and Career Academy

Grades 9-12

Vocational

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Greensboro, AL?

Ordered by distance from Greensboro, not by size. Compare Greensboro side by side with any of them.

Greensboro housing market FAQ

Is Greensboro a buyer's or seller's market?

Greensboro, AL is currently a seller's market. That read comes from 2.0 months of supply, homes going under contract in about 44 days, and sellers getting 100.0% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Greensboro?

The typical home in Greensboro, AL is worth $144,892 (Zillow Home Value Index, July 2026). The median sale price in the last month Redfin published was $199,900, about $120 per square foot.

Is Greensboro cheaper than the rest of Alabama?

Greensboro's median sale price of $199,900 is 36% lower than the Alabama statewide median of $312,600, and 51% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Greensboro?

Homes in Greensboro, AL spent a median of 44 days on market before going under contract, versus 57 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Greensboro?

At the current 30-year fixed rate of 6.66%, 20% down on a $144,892 home is about $745 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $31,924 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $31,207.

Are home prices rising in Greensboro?

The typical home value in Greensboro, AL rose 10.3% over the last 12 months, from $131,422 to $144,892 (Zillow, July 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Greensboro?

Greensboro ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Greensboro?

That depends on your timeline, not on a headline. What the data says today: Greensboro, AL is a seller's market with 2.0 months of supply, the 30-year fixed rate is 6.66%. Properties Incorporated publishes the data; it does not give financial advice.

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One email: what homes are actually clearing at around $144,892, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.