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Greensboro city, NC

ZIP 27407 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 27407

Median Home Value
$203,800
Median Rent
$923
Affordability Snapshot
$56,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,309/mo PITI).

19%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.4x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

18.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 27407 in Greensboro city, NC, a household would need roughly $56,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,309. That is roughly in line with the local median household income ($59,308). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
47.3%-28% vs US avg
x
Vacancy Rate
8.2%-20% vs US avg
x
Broadband Access
91.9%+6% vs US avg
x
4+ Bedrooms
2.0%-86% vs US avg
x
Built Pre-1939
1.9%-85% vs US avg
x
Built Post-2014
0.8%-89% vs US avg
x
Rent Burden >30%
18.6%-63% vs US avg
x
Mortgage-Free
29.6%-23% vs US avg
x
$203,800
Home Value
$923
Rent
1986
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached50.1%
  • 1-unit attached9.1%
  • 2-9 units19.1%
  • 10+ units19.7%
  • Mobile home & other2.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$203,800
Median rent$923
Owner-occupied47.3%
Vacant8.2%
Price-to-income3.4x
Est. income to buy$56,000