Greensboro FHA Loan Rates, Closing Costs & Stats

GREENSBORO-HIGH POINT, NC

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    • FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.

    FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.

    While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.

    For additional requirements as defined by the FHA, click here.

    Greensboro's 167 lenders originated 2,264 FHA loans during 2024. The total origination value was $594,980,000, with an average FHA loan value of $262,800.

    Greensboro FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Greensboro averaged 6.93% for the week of 2025-05-23, compared to the national average (all FHA variants) of 6.612% for the same period.

    Greensboro's average FHA mortgage closing costs are $7,808.

    The average rate for the prior week (2025-05-16) was 6.76% and one month ago for the week of 2025-04-18, the average rate was 6.59%.

    The average rate one year ago was 6.96%.

    For refis of the same type during the week of 2025-05-23, the average rate was 6.7%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    Greensboro FHA Loan Lenders by Rates & Fees

    The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Greensboro level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    QUICKEN LOANS, LLC 253 6.30% $10,584
    ATLANTIC BAY MORTGAGE GROUP, L.L.C. 138 6.67% $11,500
    DHI MORTGAGE COMPANY, LTD. 128 5.09% $7,977
    MOVEMENT MORTGAGE, LLC 122 6.53% $11,199
    FREEDOM MORTGAGE CORPORATION 110 6.35% $10,702
    UNITED WHOLESALE MORTGAGE, LLC 91 5.99% $12,516
    LOANDEPOT.COM, LLC 70 6.31% $9,972
    CROSSCOUNTRY MORTGAGE, LLC 62 6.64% $11,352
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 61 6.07% $11,341
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 51 6.88% $9,679
    UNION HOME MORTGAGE CORP. 36 6.41% $10,641
    CMG MORTGAGE, INC. 36 6.74% $10,489
    BROKER SOLUTIONS, INC. 34 6.76% $9,836
    Wolfe Financial, Inc 31 6.76% $10,137
    EQUITY RESOURCES, INC. 27 6.73% $8,613
    Truist 27 6.20% $11,633
    PENNYMAC LOAN SERVICES, LLC 25 5.79% $10,701
    GUARANTEED RATE, INC. 25 6.44% $9,897
    Ameris Bank 25 6.53% $9,171
    NEWREZ LLC 25 6.49% $9,811
    Prosperity Home Mortgage, LLC 24 6.40% $11,645
    NFM, INC. 21 6.83% $12,243
    GUILD MORTGAGE COMPANY 19 6.71% $9,543
    Equity Prime Mortgage LLC 19 6.55% $11,520
    HOMESIDE FINANCIAL, LLC 18 6.70% $10,680
    RELIANCE FIRST CAPITAL, LLC 16 6.25% $10,247
    Mr. Cooper ( Nationstar Mortgage ) 16 6.73% $12,188
    CARDINAL FINANCIAL 14 6.54% $13,928
    AMERICAN FINANCIAL RESOURCES, INC. 14 6.29% $14,347
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 13 6.76% $9,341
    Alcova Mortgage LLC 13 6.88% $6,711
    AMERICAN FINANCIAL NETWORK, INC. 12 6.85% $11,599
    LOANPAL, LLC 12 5.55% $11,703
    Carrington Mortgage Services, LLC 11 6.42% $10,034
    AMERICAN FINANCING CORPORATION 11 6.04% $12,288
    HOWARD HANNA FINANCIAL SERVICES, INC. 11 6.60% $9,939
    Blue Ridge Bank 10 6.35% $8,990
    Pinnacle Bank 10 6.14% $9,284
    TOWNE MORTGAGE COMPANY 10 6.82% $10,219
    U.S. Bank 10 6.77% $8,617
    AMERISAVE MORTGAGE CORPORATION 9 6.49% $12,408
    AmeriHome Mortgage Company, LLC 9 6.68% $7,292
    MILEND, INC. 9 6.68% $10,890
    VANDERBILT MORTGAGE AND FINANCE, INC. 9 5.97% $16,277
    Mortgage Research Center, LLC 9 6.75% $5,926
    Paramount Residential Mortgage Group, Inc. 9 6.64% $14,294
    ENVOY MORTGAGE, LTD 8 6.53% $11,692
    PLAZA HOME MORTGAGE, INC. 8 6.83% $11,036
    CANOPY MORTGAGE, LLC 8 6.22% $11,472
    PULTE MORTGAGE LLC 8 5.03% $8,751
    EVERETT FINANCIAL, INC. 7 7.30% $13,555
    VILLAGE CAPITAL MORTGAGE 7 6.10% $11,025
    First-Citizens Bank & Trust Company 7 5.36% $9,637
    T2 FINANCIAL LLC 7 6.88% $12,967
    BAY EQUITY LLC 7 6.27% $11,844
    Flagstar Bank, FSB 6 6.47% $10,377
    PRIMELENDING, A PLAINSCAPITAL COMPANY 6 6.79% $12,296
    JET HOMELOANS, LLC 6 5.16% $11,143
    INSPIRE HOME LOANS INC. 6 5.67% $8,490
    Integrity Home Mortgage Corp 6 6.88% $11,087
    SUN WEST MORTGAGE COMPANY, INC. 6 5.98% $17,678
    Summit Mortgage Corporation 6 7.00% $10,613
    The Fidelity Bank 6 6.83% $9,113
    Lakeview Community Capital, LLC 6 6.31% $9,893
    Bank of England 6 6.48% $12,317
    HALLMARK HOME MORTGAGE, LLC 5 6.80% $9,414
    MUTUAL OF OMAHA MORTGAGE, INC. 5 6.50% $13,989
    SUMMIT FUNDING, INC. 5 6.45% $11,100
    Victorian Finance, LLC 5 6.35% $10,855
    LAKEVIEW LOAN SERVICING, LLC 5 6.45% $7,524
    MORTGAGE SOLUTIONS OF COLORADO, LLC 4 6.50% $8,049
    ZILLOW HOME LOANS, LLC 4 6.41% $11,481
    SeaTrust Mortgage Company 4 6.56% $10,972
    Towne Bank 4 6.13% $9,111
    Loan Simple, Inc. 4 6.63% $15,024
    MYCUMORTGAGE, LLC 4 6.25% $9,378
    CityWorth Mortgage LLC 3 6.71% $18,988
    JPMorgan Chase Bank 3 6.83% $8,098
    CORNERSTONE HOME LENDING, INC. 3 6.79% $12,355
    ROYAL UNITED MORTGAGE LLC 3 6.79% $12,638
    DELMAR FINANCIAL COMPANY 3 6.42% $9,677
    Bank of America 3 5.92% $14,471
    Atlantic Coast Mortgage, LLC 3 6.88% $9,125
    NBKC BANK 3 5.71% $8,819
    PRIMARY RESIDENTIAL MORTGAGE, INC. 3 6.58% $6,091
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 3 7.00% $10,717
    MICHIGAN MUTUAL, INC. 3 6.50% $11,030
    AmRes Corporation 3 6.33% $13,113
    NATION ONE MORTGAGE CORPORATION 3 6.92% $11,043
    First National Bank of Pennsylvania 3 6.38% $8,318
    Strong Home Mortgage, LLC 3 5.79% $8,985
    INTERCOASTAL MORTGAGE COMPANY 3 6.54% $8,993
    Renasant Bank 3 6.54% $8,834
    LOANLEADERS OF AMERICA, INC. 2 6.31% $13,404
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 2 6.69% $14,146
    American Security Mortgage Corp. 2 6.38% $9,512
    AXIA FINANCIAL, LLC 2 6.87% $13,755
    BETTER MORTGAGE CORPORATION 2 5.88% $10,182
    Cornerstone First Mortgage, Inc 2 6.50% $6,773
    Corporate Investors Mortgage Group, Inc. 2 6.13% $10,109
    CREDIT UNION MORTGAGE ASSOCIATION, INC. 2 5.94% $8,483
    EMM LOANS LLC 2 6.12% $12,227
    FIDELITY DIRECT MORTGAGE, LLC 2 6.19% $13,471
    Home Mortgage Alliance Corp 2 6.75% $9,243
    Ixonia Bank 2 6.25% $9,451
    1ST SIGNATURE LENDING, LLC 2 6.81% $12,528
    MORTGAGE FINANCIAL GROUP, INC. 2 6.38% $8,793
    M&T Bank 2 6.50% $7,104
    Nations Lending Corporation 2 6.69% $10,921
    OCMBC, INC. 2 7.63% $12,717
    PREMIA MORTGAGE, LLC 2 5.94% $9,303
    RADIUS FINANCIAL GROUP INC. 2 6.50% $8,156
    SOUTHERN TRUST MORTGAGE, LLC 2 6.56% $12,289
    The Loan Store, Inc. 2 6.25% $14,571
    TOP FLITE FINANCIAL, INC. 2 6.69% $23,199
    Towne Mortgage of the Carolinas, LLC 2 6.00% $11,887
    Truliant Federal Credit Union 2 6.38% $8,723
    United Community Bank 2 6.63% $8,048
    Wells Fargo Bank 2 6.31% $10,311
    Presidential Bank, FSB 1 6.75% $12,857
    NATIONWIDE MORTGAGE BANKERS, INC. 1 6.75% $9,292
    Mortgage Assurance Inc. 1 5.75% $10,189
    MORIA DEVELOPMENT, INC. 1 6.50% $9,706
    MID AMERICA MORTGAGE, INC. 1 6.63% $3,777
    LIBERTY HOME MORTGAGE CORPORATION 1 6.25% $17,770
    CALCON MUTUAL MORTGAGE LLC 1 7.25% $8,386
    Regions Bank 1 7.25% $5,752
    Keystone Funding, Inc. 1 6.25% $6,803
    JAMS-01, INC. 1 6.00% $7,325
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.75% $8,703
    RUOFF MORTGAGE COMPANY, INC. 1 6.63% $3,539
    GUARANTEED RATE AFFINITY, LLC 1 6.50% $4,779
    Uwharrie Bank 1 6.00% $10,046
    South State Bank 1 6.00% $8,535
    GSF Mortgage Corporation 1 5.75% $9,868
    SUCCESS MORTGAGE PARTNERS, INC. 1 7.13% $14,679
    GoPrime Mortgage, Inc. 1 7.13% $12,936
    First Reliance Bank 1 6.63% $8,064
    Sunflower Bank 1 5.38% $10,463
    FIRST COMMUNITY MORTGAGE, INC. 1 6.25% $8,402
    FIRST ALLIANCE HOME MORTGAGE, LLC 1 5.38% $19,222
    Texana Bank 1 7.13% $3,343
    The Central Trust Bank 1 6.75% $10,143
    The Federal Savings Bank 1 6.75% $15,739
    EMBRACE HOME LOANS, INC. 1 6.63% $9,104
    Atlantic Union Bank 1 6.75% $4,868
    THE MORTGAGE FIRM, INC. 1 6.75% $11,607
    The Union Bank Company 1 5.75% $8,872
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 7.25% $13,771
    DATA MORTGAGE, INC. 1 5.99% $5,803
    CONTOUR MORTGAGE CORPORATION 1 6.75% $12,903
    American Mortgage & Equity Consultants, Inc. 1 6.25% $13,610
    TruHome Solutions, LLC 1 6.50% $7,498
    City Lending Inc. 1 7.75% $13,621
    ABSOLUTE HOME MORTGAGE CORPORATION 1 6.63% $15,004
    Citizens Bank 1 5.63% $14,056
    AFFORDABLE MORTGAGE ADVISORS, LLC. 1 6.63% $7,342
    UNITED NORTHERN MORTGAGE BANKERS LIMITED 1 6.50% $12,181
    OCEANSIDE MORTGAGE COMPANY 1 5.75% $2,751
    North State Bank 1 6.13% $8,595
    PENTAGON FEDERAL CREDIT UNION 1 5.63% $14,331
    NEW DAY FINANCIAL, LLC 1 7.38% $4,194
    Plains Commerce Bank 1 6.13% $5,915
    NETWORK CAPITAL FUNDING CORPORATION 1 5.63% $24,661
    POLARIS HOME FUNDING CORP. 1 5.75% $10,484
    Century Mortgage Company DBA Century Lending Company 1 6.99% $12,591
    PREMIER MORTGAGE RESOURCES, L.L.C. 1 6.75% $6,840

    The top Greensboro FHA lender as defined by loan originations is QUICKEN LOANS, LLC, with 253 FHA loans originated. Their average total fees are $10,584, which is $916 lower than the next largest lender, ATLANTIC BAY MORTGAGE GROUP, L.L.C..

    The lowest fee Greensboro FHA lenders (with over 10 loans originated) are Alcova Mortgage LLC ($6,711), DHI MORTGAGE COMPANY, LTD. ($7,977), EQUITY RESOURCES, INC. ($8,613), U.S. Bank ($8,617) and Blue Ridge Bank ($8,990).

    The lowest rate Greensboro FHA lenders (with over 10 loans originated) are DHI MORTGAGE COMPANY, LTD. (5.09%), LOANPAL, LLC (5.55%), PENNYMAC LOAN SERVICES, LLC (5.79%), UNITED WHOLESALE MORTGAGE, LLC (5.99%) and AMERICAN FINANCING CORPORATION (6.04%).

    Greensboro FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    GREENSBORO-HIGH POINT, NC GUILFORD 2022 $420,680 $538,650 $651,050 $809,150
    GREENSBORO-HIGH POINT, NC RANDOLPH 2022 $420,680 $538,650 $651,050 $809,150
    GREENSBORO-HIGH POINT, NC ROCKINGHAM 2022 $420,680 $538,650 $651,050 $809,150
    GREENSBORO-HIGH POINT, NC GUILFORD 2023 $472,030 $604,400 $730,525 $907,900
    GREENSBORO-HIGH POINT, NC RANDOLPH 2023 $472,030 $604,400 $730,525 $907,900
    GREENSBORO-HIGH POINT, NC ROCKINGHAM 2023 $472,030 $604,400 $730,525 $907,900

    Market Conditions (Median, Average Prices & Listing Count)

    Realtor.com - Greensboro (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $205,000 (14.1%) $307,535 (14.8%) 0.76 2,360
    2018-02-01 $214,238 (16.0%) $313,783 (13.8%) 0.78 2,285
    2018-03-01 $225,000 (19.8%) $321,380 (14.9%) 0.79 2,267
    2018-04-01 $242,000 (21.1%) $329,300 (14.8%) 0.82 2,246
    2018-05-01 $244,000 (16.2%) $330,513 (11.1%) 0.81 2,353
    2018-06-01 $239,900 (12.0%) $328,792 (9.5%) 0.80 2,406
    2018-07-01 $244,975 (17.2%) $326,378 (10.1%) 0.82 2,401
    2018-08-01 $247,030 (16.7%) $306,499 (3.6%) 0.83 2,095
    2018-09-01 $249,000 (15.8%) $308,923 (2.6%) 0.84 2,086
    2018-10-01 $247,690 (14.7%) $306,357 (0.7%) 0.84 2,112
    2018-11-01 $244,950 (20.4%) $301,704 (-0.2%) 0.83 2,090
    2018-12-01 $246,330 (23.5%) $303,298 (1.4%) 0.85 2,002
    2019-01-01 $249,900 (21.9%) $307,227 (-0.1%) 0.86 1,822
    2019-02-01 $254,400 (18.8%) $306,646 (-2.3%) 0.86 1,724
    2019-03-01 $260,714 (15.9%) $317,009 (-1.4%) 0.85 1,681
    2019-04-01 $265,000 (9.5%) $327,157 (-0.7%) 0.84 1,688
    2019-05-01 $269,900 (10.6%) $328,700 (-0.6%) 0.84 1,790
    2019-06-01 $264,485 (10.3%) $324,708 (-1.2%) 0.83 1,866
    2019-07-01 $266,750 (8.9%) $324,428 (-0.6%) 0.84 1,887
    2019-08-01 $262,490 (6.3%) $318,705 (4.0%) 0.83 1,920
    2019-09-01 $261,033 (4.8%) $315,805 (2.2%) 0.84 1,926
    2019-10-01 $262,419 (6.0%) $316,748 (3.4%) 0.85 1,902
    2019-11-01 $264,174 (7.9%) $318,476 (5.6%) 0.87 1,839
    2019-12-01 $265,515 (7.8%) $316,698 (4.4%) 0.89 1,616
    2020-01-01 $264,597 (5.9%) $313,990 (2.2%) 0.88 1,454
    2020-02-01 $261,310 (2.7%) $314,845 (2.7%) 0.86 1,355
    2020-03-01 $268,450 (3.0%) $324,171 (2.3%) 0.84 1,347
    2020-04-01 $260,623 (-1.7%) $324,129 (-0.9%) 0.82 1,410
    2020-05-01 $284,000 (5.2%) $346,651 (5.5%) 0.86 1,372
    2020-06-01 $291,248 (10.1%) $369,955 (13.9%) 0.86 1,254
    2020-07-01 $296,578 (11.2%) $368,479 (13.6%) 0.86 1,135
    2020-08-01 $299,000 (13.9%) $372,479 (16.9%) 0.86 1,066
    2020-09-01 $296,900 (13.7%) $374,241 (18.5%) 0.85 994
    2020-10-01 $284,900 (8.6%) $361,741 (14.2%) 0.82 968
    2020-11-01 $264,500 (0.1%) $339,746 (6.7%) 0.77 923
    2020-12-01 $257,695 (-3.0%) $339,258 (7.1%) 0.77 910
    2021-01-01 $260,000 (-1.7%) $347,303 (10.6%) 0.78 731
    2021-02-01 $248,698 (-4.8%) $345,475 (9.7%) 0.72 631
    2021-03-01 $252,500 (-5.9%) $355,146 (9.6%) 0.72 550
    2021-04-01 $250,000 (-4.1%) $349,550 (7.8%) 0.68 548
    2021-05-01 $245,900 (-13.4%) $341,850 (-1.4%) 0.65 605
    2021-06-01 $256,175 (-12.0%) $346,599 (-6.3%) 0.67 673
    2021-07-01 $250,000 (-15.7%) $339,945 (-7.7%) 0.66 744
    2021-08-01 $256,995 (-14.1%) $353,253 (-5.2%) 0.69 856
    2021-09-01 $257,000 (-13.4%) $350,308 (-6.4%) 0.69 908
    2021-10-01 $255,000 (-10.5%) $355,984 (-1.6%) 0.68 897
    2021-11-01 $259,195 (-2.0%) $355,152 (4.5%) 0.69 826
    2021-12-01 $258,847 (0.5%) $365,089 (7.6%) 0.70 685
    2022-01-01 $274,900 (5.7%) $374,901 (8.0%) 0.74 557
    2022-02-01 $275,000 (10.6%) $381,210 (10.3%) 0.72 478
    2022-03-01 $278,950 (10.5%) $383,296 (7.9%) 0.70 469
    2022-04-01 $299,000 (19.6%) $402,895 (15.3%) 0.71 486
    2022-05-01 $319,500 (29.9%) $407,220 (19.1%) 0.73 646
    2022-06-01 $337,225 (31.6%) $405,643 (17.0%) 0.75 777
    2022-07-01 $324,900 (30.0%) $395,154 (16.2%) 0.73 909
    2022-08-01 $325,000 (26.5%) $402,467 (13.9%) 0.75 942
    2022-09-01 $326,060 (26.9%) $396,057 (13.1%) 0.76 969
    2022-10-01 $324,640 (27.3%) $390,235 (9.6%) 0.76 1,032
    2022-11-01 $322,450 (24.4%) $392,033 (10.4%) 0.78 1,076
    2022-12-01 $317,895 (22.8%) $389,017 (6.6%) 0.78 1,032
    2023-01-01 $322,551 (17.3%) $388,551 (3.6%) 0.80 902
    2023-02-01 $323,700 (17.7%) $399,691 (4.9%) 0.78 826
    2023-03-01 $326,882 (17.2%) $416,480 (8.7%) 0.77 747
    2023-04-01 $338,400 (13.2%) $420,308 (4.3%) 0.79 766
    2023-05-01 $334,500 (4.7%) $415,079 (1.9%) 0.76 837
    2023-06-01 $341,995 (1.4%) $416,883 (2.8%) 0.77 838
    2023-07-01 $345,000 (6.2%) $423,813 (7.3%) 0.78 843
    2023-08-01 $331,495 (2.0%) $419,054 (4.1%) 0.76 912
    2023-09-01 $330,000 (1.2%) $410,553 (3.7%) 0.77 940
    2023-10-01 $320,875 (-1.2%) $396,975 (1.7%) 0.76 1,082
    2023-11-01 $317,450 (-1.6%) $386,051 (-1.5%) 0.76 1,130
    2023-12-01 $308,965 (-2.8%) $377,177 (-3.0%) 0.75 1,158
    2024-01-01 $310,968 (-3.6%) $374,609 (-3.6%) 0.76 1,108
    2024-02-01 $312,950 (-3.3%) $373,486 (-6.6%) 0.75 1,058
    2024-03-01 $318,900 (-2.4%) $375,722 (-9.8%) 0.75 1,037
    2024-04-01 $329,548 (-2.6%) $390,456 (-7.1%) 0.77 1,062
    2024-05-01 $342,037 (2.3%) $409,642 (-1.3%) 0.78 1,092
    2024-06-01 $339,990 (-0.6%) $416,010 (-0.2%) 0.77 1,180
    2024-07-01 $337,000 (-2.3%) $418,050 (-1.4%) 0.77 1,235
    2024-08-01 $335,000 (1.1%) $418,109 (-0.2%) 0.78 1,265
    2024-09-01 $335,123 (1.6%) $425,340 (3.6%) 0.79 1,359
    2024-10-01 $337,350 (5.1%) $421,238 (6.1%) 0.79 1,460
    2024-11-01 $325,000 (2.4%) $411,927 (6.7%) 0.78 1,546
    2024-12-01 $317,500 (2.8%) $409,279 (8.5%) 0.79 1,465
    2025-01-01 $320,000 (2.9%) $405,796 (8.3%) 0.80 1,342
    2025-02-01 $319,900 (2.2%) $401,848 (7.6%) 0.78 1,355
    2025-03-01 $329,900 (3.5%) $410,675 (9.3%) 0.78 1,381
    2025-04-01 $336,173 (2.0%) $418,878 (7.3%) 0.78 1,403
    Greensboro's median listing price for 2025-04-01 was $336,173, a difference of $6,625 (2.0%) versus the prior year and $6,273 versus the prior month.

    Greensboro's median listing price comes in at 78% of the national average.

    Greensboro's average listing price for 2025-04-01 was $418,878, a difference of $28,422 (7.3%) versus the prior year and $8,203 versus the prior month.

    For the 2025-04-01 period, Greensboro had 1,403 MLS listings, a difference of 22 listings (2%) versus the prior month and 341 listings (32%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Greensboro (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 92 days 2,082 sqft
    2018-02-01 91 days 2,090 sqft
    2018-03-01 66 days 2,159 sqft
    2018-04-01 59 days 2,290 sqft
    2018-05-01 58 days 2,302 sqft
    2018-06-01 57 days 2,290 sqft
    2018-07-01 65 days 2,275 sqft
    2018-08-01 62 days 2,240 sqft
    2018-09-01 64 days 2,232 sqft
    2018-10-01 65 days 2,211 sqft
    2018-11-01 70 days 2,192 sqft
    2018-12-01 77 days 2,169 sqft
    2019-01-01 87 days 2,195 sqft
    2019-02-01 78 days 2,222 sqft
    2019-03-01 66 days 2,297 sqft
    2019-04-01 51 days 2,366 sqft
    2019-05-01 50 days 2,390 sqft
    2019-06-01 53 days 2,348 sqft
    2019-07-01 57 days 2,309 sqft
    2019-08-01 56 days 2,272 sqft
    2019-09-01 56 days 2,254 sqft
    2019-10-01 56 days 2,245 sqft
    2019-11-01 64 days 2,246 sqft
    2019-12-01 74 days 2,266 sqft
    2020-01-01 82 days 2,239 sqft
    2020-02-01 80 days 2,231 sqft
    2020-03-01 49 days 2,224 sqft
    2020-04-01 52 days 2,200 sqft
    2020-05-01 60 days 2,319 sqft
    2020-06-01 53 days 2,400 sqft
    2020-07-01 52 days 2,389 sqft
    2020-08-01 45 days 2,312 sqft
    2020-09-01 42 days 2,270 sqft
    2020-10-01 35 days 2,225 sqft
    2020-11-01 55 days 2,147 sqft
    2020-12-01 66 days 2,069 sqft
    2021-01-01 74 days 2,050 sqft
    2021-02-01 61 days 2,011 sqft
    2021-03-01 43 days 2,050 sqft
    2021-04-01 43 days 1,959 sqft
    2021-05-01 44 days 1,900 sqft
    2021-06-01 42 days 1,872 sqft
    2021-07-01 40 days 1,841 sqft
    2021-08-01 37 days 1,836 sqft
    2021-09-01 38 days 1,820 sqft
    2021-10-01 43 days 1,818 sqft
    2021-11-01 45 days 1,843 sqft
    2021-12-01 48 days 1,821 sqft
    2022-01-01 55 days 1,813 sqft
    2022-02-01 49 days 1,875 sqft
    2022-03-01 38 days 1,798 sqft
    2022-04-01 32 days 1,906 sqft
    2022-05-01 30 days 1,987 sqft
    2022-06-01 30 days 2,012 sqft
    2022-07-01 34 days 1,944 sqft
    2022-08-01 39 days 1,956 sqft
    2022-09-01 43 days 1,974 sqft
    2022-10-01 44 days 2,016 sqft
    2022-11-01 48 days 2,034 sqft
    2022-12-01 59 days 2,004 sqft
    2023-01-01 65 days 1,981 sqft
    2023-02-01 50 days 1,923 sqft
    2023-03-01 50 days 1,895 sqft
    2023-04-01 40 days 1,938 sqft
    2023-05-01 38 days 1,873 sqft
    2023-06-01 43 days 1,888 sqft
    2023-07-01 43 days 1,900 sqft
    2023-08-01 38 days 1,861 sqft
    2023-09-01 39 days 1,914 sqft
    2023-10-01 38 days 1,853 sqft
    2023-11-01 40 days 1,791 sqft
    2023-12-01 46 days 1,725 sqft
    2024-01-01 54 days 1,670 sqft
    2024-02-01 47 days 1,752 sqft
    2024-03-01 45 days 1,666 sqft
    2024-04-01 40 days 1,776 sqft
    2024-05-01 40 days 2,014 sqft
    2024-06-01 41 days 1,951 sqft
    2024-07-01 43 days 1,912 sqft
    2024-08-01 43 days 1,894 sqft
    2024-09-01 44 days 1,865 sqft
    2024-10-01 45 days 1,840 sqft
    2024-11-01 51 days 1,834 sqft
    2024-12-01 59 days 1,786 sqft
    2025-01-01 67 days 1,815 sqft
    2025-02-01 58 days 1,705 sqft
    2025-03-01 49 days 1,824 sqft
    2025-04-01 46 days 1,887 sqft
    Greensboro's median listing age (time on market) for 2025-04-01 was 46 days. This is 14% longer than the same period one year ago.

    Greensboro's median square footage for active listings during the 2025-04-01 period was 1,887 sqft. One year prior, the average listing was 1,776 sqft.

    FHA Loan Requirements

  • Borrowers must have a steady employment history or worked for the same employer for the past two years.
  • Borrowers must have a valid Social Security number, lawful residency in the U.S. and be of legal age to sign a mortgage in your state.
  • Borrowers must pay a minimum down payment of 3.5 percent. The money may be gifted by a family member. (Traditional mortgages do not permit gifted down payments)
  • New FHA loans are only available for primary residence occupancy.
  • Borrowers must have a property appraisal from a FHA-approved appraiser.
  • Borrowers’ front-end ratio (mortgage payment plus HOA fees, property taxes, mortgage insurance, homeowners insurance) needs to be less than 31 percent of their gross income, typically. You may be able to get approved with as high a percentage as 40 percent. Your lender will be required to provide justification as to why they believe the mortgage presents an acceptable risk. The lender must include any compensating factors used for loan approval.
  • Borrowers’ debt to income ratio (mortgage plus all your monthly debt, i.e., credit card payment, car payment, student loans, etc.) needs to be less than 43 percent of their gross income, typically. You may be able to get approved with as high a percentage as 50 percent.
  • Borrowers must have a minimum credit score of 580 for maximum financing with a minimum down payment of 3.5 percent.
  • Borrowers must have a minimum credit score of 500-579 for maximum LTV of 90 percent with a minimum down payment of 10 percent.
  • Bborrowers must be two years out of bankruptcy and have re-established good credit. Exceptions can be made.
  • Typically borrowers must be three years out of foreclosure and have re-established good credit.
  • The purchased property must meet certain minimum standards at appraisal. If the home you are purchasing does not meet these standards and a seller will not agree to the required repairs, your only option is to pay for the required repairs at closing (to be held in escrow until the repairs are complete).