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Greenville, NC—27858

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$267,000
2.7% YoY Growth
Household Income
$60,900
36.1% YoY Growth
Days on Market
49
3.0% Longer YoY
Home Price Forecast
1.6%
Median Rent
$1,400
1.4% YoY Growth
1-Bed Rent
$725
4.8% YoY Growth
2-Bed Rent
$1,200
7.1% YoY Growth
3-Bed Rent
$1,600
1.2% YoY Growth

Other Zip Codes in Greenville, NC

27834
  • 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 $267,000, with a year-over-year change of 2.7%. This indicates that home prices in Greenville, NC are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$267,0002.7%
Single Family $296,0003.1%
Condos $163,0000.0%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
  • N/A
    N/A
    2 Bed
    $160,0000.6%
    3 Bed
    $260,0002.8%
    4 Bed
    $404,0002.3%
    5 Bed $515,0702.3%
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    % of Housing Stock

    Studio
    2.7%
    1 Bedroom
    10.7%
    2 Bedrooms
    27.6%
    3 Bedrooms
    39.7%
    4 Bedrooms
    15.8%
    5+ Bedrooms
    3.4%

    Rental Trends — Greenville, NC

    As of July '25, Rentcast reports the average rent in Greenville, NC is $1,420, with a year-over-year rent change of -1.4%. Per bedroom, the median rent as of July '25 in Greenville, NC is studios: $599, 1-bedrooms: $781, 2-bedrooms: $1,210, 3-bedrooms: $1,680, 4-bedrooms: $2,110. The most common rental property sizes in Greenville, NC are 2-bedroom and 3-bedroom, accounting for 41.1% and 24.8% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,400$1,420
    Studio Rent $599$599
    1 Bed Rent $725$781
    2 Bed Rent $1,200$1,210
    3 Bed Rent $1,600$1,680
    4 Bed Rent $2,050$2,110
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    % of Rental Stock

    Studio
    4.1%
    1 Bedroom
    18.5%
    2 Bedrooms
    41.1%
    3 Bedrooms
    24.8%
    4 Bedrooms
    11.0%
    5+ Bedrooms
    0.5%

    Property Listings — Greenville, NC

    As of May '26, Realtor.com reports that the median days on market for a home in Greenville, NC is 49. 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 20.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $342,00017.0%
    Listing Count
    20010.0%
    Listings as % of Homes0.6%10.0%
    Days on Market
    493.0%
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    Demographics — Greenville, NC

    As of the latest ACS Survey released in 2023, Greenville, NC has a population of 56,300, which has decreased by -5.7% over the past 5 years. Greenville, NC is a moderately popular place for families, as children make up 15.5% of the population. The area has a highly educated workforce, with 45.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.0% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    56,300-5.7%
    % Under 18
    15.5%5.4%
    % Seniors
    11.1%5.7%
    % WFH
    13.0%195.5%
    % w/ College Degree
    45.7%4.3%
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    As of the latest ACS Survey released in 2023, Greenville, NC is a predominantly white area, with 66.9% of the population identifying as white. The white population has shrunk by 7.1% in the last 5 years. The second most common race or ethnicity in Greenville, NC is black, making up 20.5% of the population. Foreign-born residents account for 4.9% of the population in Greenville, NC, and this percentage has increased by 6.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    66.9%-7.1%
    % Black
    20.5%17.8%
    % Hispanic
    6.4%18.5%
    % Asian
    1.9%-5.0%
    % Foreign Born
    4.9%6.5%
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    Mortgage and Risk — Greenville, NC

    According to HUD data as of 2023, there were 1016 mortgage originations in Greenville, NC, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Greenville, NC. Investor activity is low, as 2.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    1,016
    % Conventional Loans
    81.0%
    % Government Loans
    19.0%
    % Investor Loans
    2.0%
    % Second Loans
    1.0%
    % Cash Out Refinance
    6.0%
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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 3.0%. 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 units appear to be good home sizes to consider for Section 8 housing in Greenville, NC, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    410
    Total Units Section 8
    370
    % Rentals under Section 8
    3.0%
    % Occupied Section 8
    76.3%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$215$725$940
    2 Bedroom-$40$1,200$1,160
    3 Bedroom-$30$1,600$1,570
    4 Bedroom-$100$2,050$1,950

    Affordability — Greenville, NC

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4
    Median Home Price$267,000
    Median Household Income$60,900

    Greenville, NC — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Simpson

    27879

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    Greenville, NC

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    Frequently Asked Questions