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Greensboro city, NC

ZIP 27406 — 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 27406

Median Home Value
$191,800
Median Rent
$900
Affordability Snapshot
$53,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,232/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.

17.8 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 27406 in Greensboro city, NC, a household would need roughly $53,000 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 $1,232. That is roughly in line with the local median household income ($56,748). 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
55.0%-16% vs US avg
x
Vacancy Rate
7.5%-27% vs US avg
x
Broadband Access
87.4%+0% vs US avg
x
4+ Bedrooms
1.8%-88% vs US avg
x
Built Pre-1939
3.7%-71% vs US avg
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
23.7%-52% vs US avg
x
Mortgage-Free
37.8%-1% vs US avg
x
$191,800
Home Value
$900
Rent
1981
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

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

  • 1-unit detached63.4%
  • 1-unit attached3.4%
  • 2-9 units14.3%
  • 10+ units13.5%
  • Mobile home & other5.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$191,800
Median rent$900
Owner-occupied55.0%
Vacant7.5%
Price-to-income3.4x
Est. income to buy$53,000