Greenville, NC—27834
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Greenville, NC
Home Price Trends — Greenville, NC
As of Oct '25, the median home price in Greenville, NC is $207,000, with a year-over-year change of 0.2%. This indicates that home prices in Greenville, NC are flat. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $207,000 | 0.2% |
| Single Family | $219,000 | 0.9% |
| Condos | $156,000 | 2.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $105,000 | 6.1% |
2 Bed | $138,000 | 3.0% |
3 Bed | $217,000 | 0.9% |
4 Bed | $336,000 | 0.6% |
| 5 Bed | $462,000 | 0.2% |
% of Housing Stock
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.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,380 |
| Studio Rent | N/A | N/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 |
% of Rental Stock
Property Listings — Greenville, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Greenville, NC is 50. This is a decrease of -25.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $257,000 | -2.0% |
Listing Count | 207 | -2.0% |
| Listings as % of Homes | 0.4% | -2.0% |
Days on Market | 50 | -25.0% |
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.
| Metric | Latest Census | YoY % 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% |
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
| Metric | Latest Census | 5-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% |
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
| Metric | Zip 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% |
Loan Activity
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 Size | HUD Premium | Market Rent | Max 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
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $207,000 |
| Median Household Income | $48,100 |