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Greenville, NC—27834

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$213,000
1.2% YoY Growth
Household Income
$48,100
32.2% YoY Growth
Days on Market
51
3.0% Longer YoY
Home Price Forecast
1.5%
Median Rent
$1,350
1.5% YoY Growth
1-Bed Rent
$875
10.8% YoY Growth
2-Bed Rent
$1,000
3.7% YoY Growth
3-Bed Rent
$1,650
1.8% YoY Growth

Other Zip Codes in Greenville, NC

27858
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Greenville, NC

As of May '26, the median home price in Greenville, NC is $213,000, with a year-over-year change of 1.2%. This indicates that home prices in Greenville, NC are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$213,0001.2%
Single Family $225,0001.4%
Condos $155,0000.0%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $101,000
    1.0%
    2 Bed
    		$138,0000.7%
    3 Bed
    		$224,0001.8%
    4 Bed
    		$345,0001.8%
    5 Bed $472,5411.3%
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    % of Housing Stock

    Studio
    1.8%
    1 Bedroom
    15.7%
    2 Bedrooms
    30.7%
    3 Bedrooms
    43.3%
    4 Bedrooms
    7.0%
    5+ Bedrooms
    1.4%

    Rental Trends — Greenville, NC

    As of July '25, Rentcast reports the average rent in Greenville, NC is $1,380, with a year-over-year rent change of 1.5%. Per bedroom, the median rent as of July '25 in Greenville, NC is 1-bedrooms: $930, 2-bedrooms: $1,040, 3-bedrooms: $1,630, 4-bedrooms: $2,170. The most common rental property sizes in Greenville, NC are 2-bedroom and 3-bedroom, accounting for 43.1% and 28.4% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,350$1,380
    Studio Rent N/AN/A
    1 Bed Rent $875$930
    2 Bed Rent $1,000$1,040
    3 Bed Rent $1,650$1,630
    4 Bed Rent $2,300$2,170
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    % of Rental Stock

    Studio
    2.2%
    1 Bedroom
    23.2%
    2 Bedrooms
    43.1%
    3 Bedrooms
    28.4%
    4 Bedrooms
    2.9%
    5+ Bedrooms
    0.2%

    Property Listings — Greenville, NC

    As of May '26, Realtor.com reports that the median days on market for a home in Greenville, NC is 51. This is a increase of 3.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$277,0002.0%
    Listing Count
    		24011.0%
    Listings as % of Homes0.4%11.0%
    Days on Market
    		513.0%
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    Demographics — Greenville, NC

    As of the latest ACS Survey released in 2023, Greenville, NC has a population of 55,100, which has decreased by -2.5% over the past 5 years. Greenville, NC is a moderately popular place for families, as children make up 23.2% of the population. The area has a moderately educated workforce, with 27.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.9% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		55,100-2.5%
    % Under 18
    		23.2%-8.7%
    % Seniors
    		13.7%19.1%
    % WFH
    		10.9%153.5%
    % w/ College Degree
    		27.7%8.2%
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    As of the latest ACS Survey released in 2023, Greenville, NC is a predominantly black area, with 54.2% of the population identifying as black. The black population has shrunk by 3.0% in the last 5 years. The second most common race or ethnicity in Greenville, NC is white, making up 33.1% of the population. Foreign-born residents account for 6.7% of the population in Greenville, NC, and this percentage has increased by 34.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		33.1%0.6%
    % Black
    		54.2%-3.0%
    % Hispanic
    		7.8%8.3%
    % Asian
    		2.2%83.3%
    % Foreign Born
    		6.7%34.0%
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    Mortgage and Risk — Greenville, NC

    According to HUD data as of 2023, there were 709 mortgage originations in Greenville, NC, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Greenville, NC. Investor activity is low, as 4.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		709
    % Conventional Loans
    		78.0%
    % Government Loans
    		22.0%
    % Investor Loans
    		4.0%
    % Second Loans
    		2.0%
    % Cash Out Refinance
    		8.0%
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    Rentals and Section 8 — Greenville, NC

    As of 2024, the percent of homes in Greenville, NC under the Section 8 program is 7.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Greenville, NC, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		1,820
    Total Units Section 8
    		1,106
    % Rentals under Section 8
    		7.2%
    % Occupied Section 8
    		76.5%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$15$875$890
    2 Bedroom$110$1,000$1,110
    3 Bedroom-$150$1,650$1,500
    4 Bedroom-$440$2,300$1,860

    Affordability — Greenville, NC

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4
    Median Home Price$213,000
    Median Household Income$48,100

    Greenville, NC — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    27884

    Simpson

    27879

    Falkland

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    28590

    Bethel, NC

    27812

    Frequently Asked Questions