In today’s complex housing market, many homebuyers seek refuge away from costly cities. Redfin released a list of metros with median sale prices below $300,000, which showed destinations like San Antonio, Cincinnati, and our very own Greensboro emerging as prime choices for those aiming to settle without breaking the bank.
In January 2024, the national median home sale price surged past a staggering $402,000, presenting a significant challenge for potential buyers nationwide. Redfin analyzed data for metro areas with median sale prices below $300,000 and that have more folks moving in than out.
Greensboro, nestled in the heart of North Carolina's Piedmont Triad, was named third on the list. With a median sale price of $273,000 and a net inflow of 1,300 new residents. Greensboro stands as a beacon of promise for those seeking a slice of southern charm without breaking the bank.
With its rich history, vibrant culture, and thriving community, it’s no surprise that the Triad ranks highly on this list - with Greensboro leading the charge as an affordable gem. Greensboro offers the perfect blend of southern hospitality and modern amenities, attracting homebuyers from all over the country.
Whether you're trading snowflakes for sunshine or bidding farewell to coastal chaos, Greensboro and the Triad await, ready to welcome you with open arms.
If you’re interested in purchasing a home in the Triad, The Sharpe Mortgage Team would love to help! Contact us today and let’s get started!
To view the full list of affordable metro areas nationwide, click here.