Greensboro, AL36744

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$133,000
4.3% YoY Growth
Median Household Income
$34,000
23.1% 5-Year Growth
Days on Market
86
7.0% Longer than last year
Home Price Forecast
0.2%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Greensboro, AL

As of Oct '25, Realtor.com reports that the median days on market for a home in Greensboro, AL is 86. This is a increase of 7.0% 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 10.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$262,0000.0%
Listing Count
20100.0%
Listings as % of Homes0.2%100.0%
Days on Market
867.0%
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Demographics — Greensboro, AL

As of the latest ACS Survey released in 2023, Greensboro, AL has a population of 5,660, which has decreased by -12.7% over the past 5 years. Greensboro, AL is a moderately popular place for families, as children make up 22.1% of the population. The area has a poorly educated workforce, with 15.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.2% reporting working from home.

MetricLatest CensusYoY % Change
Population
5,660-12.7%
% Under 18
22.1%-1.3%
% Seniors
22.2%21.3%
% WFH
3.2%-5.9%
% w/ College Degree
15.3%5.5%
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As of the latest ACS Survey released in 2023, Greensboro, AL is a predominantly black area, with 63.4% of the population identifying as black. The black population has shrunk by 6.4% in the last 5 years. The second most common race or ethnicity in Greensboro, AL is white, making up 32.5% of the population. Foreign-born residents account for 0.8% of the population in Greensboro, AL, and this percentage has increased by 700.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
32.5%3.2%
% Black
63.4%-6.4%
% Hispanic
0.3%∞%
% Asian
0.1%0.0%
% Foreign Born
0.8%700.0%
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Mortgage and Risk — Greensboro, AL

According to HUD data as of 2023, there were 36 mortgage originations in Greensboro, AL, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 86.0%, with 47.0% above 90% LTV (very high). This implies large mortgage risk in Greensboro, AL. Investor activity is low, as 3.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
36
% Conventional Loans
78.0%
% Government Loans
22.0%
% Investor Loans
3.0%
% Second Loans
0.0%
% Cash Out Refinance
3.0%

Loan Activity

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Rentals and Section 8 — Greensboro, AL

Greensboro, AL lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
180
Total Units Section 8
114
% Rentals under Section 8
14.2%
% Occupied Section 8
87.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$820
2 BedroomN/AN/A$1,020
3 BedroomN/AN/A$1,280
4 BedroomN/AN/A$1,350

Affordability — Greensboro, AL

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.2
Median Home Price$133,000
Median Household Income$34,000

Greensboro, AL — ZIP Code Boundary Map

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Frequently Asked Questions