The Greensboro housing market is showing balanced conditions with stable prices and moderate inventory levels. The median home price in Greensboro currently stands at $203,000. With 4.0 months of supply, Greensboro's inventory levels remain relatively tight. Homes are taking about 35 days to sell, which is NaN days longer than this time last year. A significant 25.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Greensboro market with the affordability index at 360.2. Based on current market indicators, home prices in Greensboro are projected to decrease by approximately 11.2% over the next month.
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