Cities with the fastest growing home prices in Greensboro metro area

Written by:
January 19, 2023
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 no 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 December 2022. The typical home value in the United States increased over the last year by +8.4%% to $356,819. Data was available for 32 cities and towns in Greensboro.

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Stacker

#30. Mayodan, NC

- 1-year price change: +$17,567 (+14.9%)
- 5-year price change: +$63,226 (+87.5%)
- Typical home value: $135,460 (#31 most expensive city in metro)
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#29. Eden, NC

- 1-year price change: +$18,374 (+16.7%)
- 5-year price change: +$58,096 (+82.8%)
- Typical home value: $128,233 (#32 most expensive city in metro)
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#28. Stoneville, NC

- 1-year price change: +$23,936 (+14.4%)
- 5-year price change: +$74,757 (+64.8%)
- Typical home value: $190,066 (#26 most expensive city in metro)
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#27. Seagrove, NC

- 1-year price change: +$24,629 (+14.7%)
- 5-year price change: +$82,645 (+75.2%)
- Typical home value: $192,602 (#24 most expensive city in metro)
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#26. Madison, NC

- 1-year price change: +$26,308 (+16.7%)
- 5-year price change: +$74,493 (+67.9%)
- Typical home value: $184,153 (#28 most expensive city in metro)

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#25. Ramseur, NC

- 1-year price change: +$27,018 (+16.4%)
- 5-year price change: +$72,653 (+61.1%)
- Typical home value: $191,515 (#25 most expensive city in metro)
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#24. Franklinville, NC

- 1-year price change: +$27,599 (+16.4%)
- 5-year price change: +$75,867 (+63.5%)
- Typical home value: $195,400 (#23 most expensive city in metro)
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#23. Asheboro, NC

- 1-year price change: +$29,631 (+16.7%)
- 5-year price change: +$81,657 (+65.2%)
- Typical home value: $206,924 (#22 most expensive city in metro)
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#22. Staley, NC

- 1-year price change: +$29,712 (+15.7%)
- 5-year price change: +$87,592 (+67.0%)
- Typical home value: $218,412 (#20 most expensive city in metro)
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#21. Liberty, NC

- 1-year price change: +$30,606 (+14.8%)
- 5-year price change: +$96,291 (+68.1%)
- Typical home value: $237,636 (#14 most expensive city in metro)

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#20. Sedalia, NC

- 1-year price change: +$31,167 (+15.3%)
- 5-year price change: +$97,625 (+71.3%)
- Typical home value: $234,542 (#16 most expensive city in metro)
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#19. Reidsville, NC

- 1-year price change: +$31,322 (+20.3%)
- 5-year price change: +$82,470 (+80.0%)
- Typical home value: $185,587 (#27 most expensive city in metro)
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#18. Julian, NC

- 1-year price change: +$31,869 (+13.2%)
- 5-year price change: +$109,710 (+67.1%)
- Typical home value: $273,125 (#11 most expensive city in metro)
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#17. Trinity, NC

- 1-year price change: +$32,591 (+15.4%)
- 5-year price change: +$92,196 (+60.9%)
- Typical home value: $243,609 (#13 most expensive city in metro)
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#16. Wentworth, NC

- 1-year price change: +$33,451 (+17.6%)
- 5-year price change: +$89,116 (+66.2%)
- Typical home value: $223,819 (#19 most expensive city in metro)

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#15. High Point, NC

- 1-year price change: +$33,453 (+17.1%)
- 5-year price change: +$101,470 (+79.2%)
- Typical home value: $229,653 (#17 most expensive city in metro)
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#14. Sophia, NC

- 1-year price change: +$33,547 (+16.6%)
- 5-year price change: +$90,223 (+61.8%)
- Typical home value: $236,182 (#15 most expensive city in metro)
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#13. Randleman, NC

- 1-year price change: +$34,468 (+17.9%)
- 5-year price change: +$90,459 (+66.3%)
- Typical home value: $226,894 (#18 most expensive city in metro)
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#12. Greensboro, NC

- 1-year price change: +$35,054 (+16.3%)
- 5-year price change: +$107,175 (+75.0%)
- Typical home value: $250,094 (#12 most expensive city in metro)
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#11. Archdale, NC

- 1-year price change: +$35,284 (+19.7%)
- 5-year price change: +$85,750 (+66.5%)
- Typical home value: $214,786 (#21 most expensive city in metro)

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#10. Pleasant Garden, NC

- 1-year price change: +$36,575 (+14.3%)
- 5-year price change: +$114,928 (+65.0%)
- Typical home value: $291,684 (#6 most expensive city in metro)
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#9. Climax, NC

- 1-year price change: +$36,740 (+15.1%)
- 5-year price change: +$112,599 (+67.5%)
- Typical home value: $279,528 (#10 most expensive city in metro)
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#8. Gibsonville, NC

- 1-year price change: +$38,585 (+15.6%)
- 5-year price change: +$119,774 (+72.1%)
- Typical home value: $285,850 (#9 most expensive city in metro)
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#7. Browns Summit, NC

- 1-year price change: +$40,829 (+16.5%)
- 5-year price change: +$120,612 (+71.9%)
- Typical home value: $288,250 (#8 most expensive city in metro)
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#6. Mc Leansville, NC

- 1-year price change: +$43,924 (+17.9%)
- 5-year price change: +$127,536 (+79.2%)
- Typical home value: $288,646 (#7 most expensive city in metro)

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#5. Whitsett, NC

- 1-year price change: +$44,184 (+16.3%)
- 5-year price change: +$128,864 (+69.3%)
- Typical home value: $314,738 (#5 most expensive city in metro)
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#4. Jamestown, NC

- 1-year price change: +$45,947 (+15.3%)
- 5-year price change: +$138,944 (+66.8%)
- Typical home value: $346,918 (#3 most expensive city in metro)
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#3. Stokesdale, NC

- 1-year price change: +$51,732 (+18.1%)
- 5-year price change: +$129,474 (+62.4%)
- Typical home value: $337,098 (#4 most expensive city in metro)
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#2. Summerfield, NC

- 1-year price change: +$61,334 (+14.6%)
- 5-year price change: +$171,137 (+55.1%)
- Typical home value: $481,992 (#2 most expensive city in metro)
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#1. Oak Ridge, NC

- 1-year price change: +$63,679 (+13.5%)
- 5-year price change: +$185,101 (+53.0%)
- Typical home value: $534,657 (#1 most expensive city in metro)

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