Cities with the fastest growing home prices in Greensboro metro area

Written by:
September 29, 2022
Arina P Habich // Shutterstock

Cities with the fastest growing home prices in Greensboro metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and not other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Greensboro-High Point, NC metro area using data from Zillow. Cities are ranked by 1-year price change as of August 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. All 28 cities and towns with data available were included in the list.

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#28. Ruffin, North Carolina

- 1-year price change: $-11,730 (-7.1%)
- 5-year price change: +$39,421 (+34.9%)
- Typical home value: $152,368 (#25 most expensive city in metro)
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#27. Eden, North Carolina

- 1-year price change: +$7,945 (+7.6%)
- 5-year price change: +$41,403 (+58.5%)
- Typical home value: $112,213 (#28 most expensive city in metro)
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#26. Mayodan, North Carolina

- 1-year price change: +$16,623 (+14.3%)
- 5-year price change: +$54,035 (+68.5%)
- Typical home value: $132,911 (#26 most expensive city in metro)
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#25. Pelham, North Carolina

- 1-year price change: +$17,040 (+15.7%)
- 5-year price change: +$39,419 (+45.8%)
- Typical home value: $125,439 (#27 most expensive city in metro)
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#24. Seagrove, North Carolina

- 1-year price change: +$34,962 (+23.0%)
- 5-year price change: +$79,264 (+73.4%)
- Typical home value: $187,299 (#24 most expensive city in metro)

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#23. Asheboro, North Carolina

- 1-year price change: +$35,588 (+21.0%)
- 5-year price change: +$79,704 (+63.8%)
- Typical home value: $204,697 (#21 most expensive city in metro)
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#22. Franklinville, North Carolina

- 1-year price change: +$35,749 (+22.5%)
- 5-year price change: +$75,976 (+64.1%)
- Typical home value: $194,426 (#22 most expensive city in metro)
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#21. Ramseur, North Carolina

- 1-year price change: +$37,031 (+23.6%)
- 5-year price change: +$74,902 (+62.8%)
- Typical home value: $194,186 (#23 most expensive city in metro)
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#20. Archdale, North Carolina

- 1-year price change: +$37,181 (+21.7%)
- 5-year price change: +$81,065 (+63.8%)
- Typical home value: $208,200 (#20 most expensive city in metro)
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#19. Trinity, North Carolina

- 1-year price change: +$37,926 (+18.8%)
- 5-year price change: +$89,741 (+59.9%)
- Typical home value: $239,496 (#13 most expensive city in metro)

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#18. Sophia, North Carolina

- 1-year price change: +$38,193 (+19.9%)
- 5-year price change: +$86,644 (+60.4%)
- Typical home value: $229,988 (#16 most expensive city in metro)
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#17. Randleman, North Carolina

- 1-year price change: +$38,778 (+21.1%)
- 5-year price change: +$87,738 (+64.9%)
- Typical home value: $222,897 (#19 most expensive city in metro)
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#16. Sedalia, North Carolina

- 1-year price change: +$39,035 (+20.3%)
- 5-year price change: +$96,018 (+70.7%)
- Typical home value: $231,773 (#15 most expensive city in metro)
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#15. High Point, North Carolina

- 1-year price change: +$41,097 (+22.3%)
- 5-year price change: +$99,298 (+78.9%)
- Typical home value: $225,144 (#17 most expensive city in metro)
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#14. Greensboro, North Carolina

- 1-year price change: +$41,953 (+20.6%)
- 5-year price change: +$104,673 (+74.2%)
- Typical home value: $245,709 (#12 most expensive city in metro)

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#13. Staley, North Carolina

- 1-year price change: +$42,849 (+23.8%)
- 5-year price change: +$89,568 (+67.2%)
- Typical home value: $222,914 (#18 most expensive city in metro)
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#12. Pleasant Garden, North Carolina

- 1-year price change: +$43,157 (+17.8%)
- 5-year price change: +$111,460 (+63.8%)
- Typical home value: $286,191 (#7 most expensive city in metro)
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#11. Liberty, North Carolina

- 1-year price change: +$43,319 (+22.1%)
- 5-year price change: +$98,093 (+69.5%)
- Typical home value: $239,260 (#14 most expensive city in metro)
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#10. Climax, North Carolina

- 1-year price change: +$43,903 (+19.1%)
- 5-year price change: +$108,963 (+66.2%)
- Typical home value: $273,677 (#11 most expensive city in metro)
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#9. Stokesdale, North Carolina

- 1-year price change: +$44,762 (+16.1%)
- 5-year price change: +$117,970 (+57.5%)
- Typical home value: $323,117 (#4 most expensive city in metro)

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#8. Julian, North Carolina

- 1-year price change: +$48,046 (+21.3%)
- 5-year price change: +$112,466 (+69.6%)
- Typical home value: $273,962 (#10 most expensive city in metro)
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#7. Browns Summit, North Carolina

- 1-year price change: +$49,635 (+20.8%)
- 5-year price change: +$120,083 (+71.2%)
- Typical home value: $288,795 (#6 most expensive city in metro)
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#6. Gibsonville, North Carolina

- 1-year price change: +$51,221 (+22.2%)
- 5-year price change: +$119,106 (+73.2%)
- Typical home value: $281,748 (#9 most expensive city in metro)
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#5. Mc Leansville, North Carolina

- 1-year price change: +$52,329 (+22.5%)
- 5-year price change: +$125,035 (+78.3%)
- Typical home value: $284,778 (#8 most expensive city in metro)
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#4. Jamestown, North Carolina

- 1-year price change: +$55,849 (+19.6%)
- 5-year price change: +$135,172 (+65.7%)
- Typical home value: $341,054 (#3 most expensive city in metro)

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#3. Whitsett, North Carolina

- 1-year price change: +$56,813 (+22.1%)
- 5-year price change: +$128,753 (+69.4%)
- Typical home value: $314,283 (#5 most expensive city in metro)
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#2. Summerfield, North Carolina

- 1-year price change: +$74,381 (+18.7%)
- 5-year price change: +$163,266 (+52.9%)
- Typical home value: $471,650 (#2 most expensive city in metro)
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#1. Oak Ridge, North Carolina

- 1-year price change: +$79,715 (+17.9%)
- 5-year price change: +$179,173 (+51.9%)
- Typical home value: $524,536 (#1 most expensive city in metro)

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