Greensboro Zip Code Profile: 27406

Regular readers of this site know that my particular method of tracking all sorts of Greensboro real estate information is by zip code. Zip code profiles help drill down that information a bit further. This is the second such profile on this site. (My profile of 27410 can be found here. And, yes, it has been a minute since I did that profile. No sense in rushing these things;)  )

BTW, this is very broad information about local real estate, as reported in the Triad MLS. For a comprehensive look at demographics for this zip code, look here.

Today’s profile is of 27406.

First, the basics:

• 27406 is located in the southeast part of Greensboro, “southwest” being defined as south of Market Street and east of Elm Street.

• The average currently listed price of single family homes is $148,178, compared to that of all Greensboro zip codes, $249,784.

• 27406 is probably the largest zip area-wise and has the seconds most listings: 458 which represents 15% of the total listings in town at this time. 27410 is still king of the hill in that area with a whopping 622.

Current Listing Data (followed by same info for al zip codes combined)

• average active listing price (all property types): $146,510 ($223,107)

• single-family: 419 (91%), 2445 (74%)
• townhouses: 29 (6%), 482 (29%)
• condominium: 10 (2%), 357 (11%)

• foreclosure: 72 (16%) 264 (8%)

• highest list price (single-family): $899,000 ($4,900,00)
• lowest list price (single-family): $12,000 ($6,000)

12 Month Sales Data

Over the last 12 months, sales in the 27406 zip have looked like this:

• total number of closings (all property types): 418 (2,855)

• average closed priced (all types, last 12 months): $121,283 ($167,604)
• average list price (all property types): $146,510 ($160,356)
• average list/closed price percentage: 96% (96%)

• single-family: 295 (59%) 2,210 (77%)
• townhouse: 132 (27%) 386 (14%)
• condominium: 70 (14%) 245 (9%)

• foreclosure: 137 (33%) 565 (20%)

• highest closed price (single-family): $366,500 ($1,200,000)
• lowest closed price (single-family): $5,000 ($5,000)

Schools

Some of the schools children who live in 27406 attend are:

• Elementary: Alamance, Archer, Foust, Frazier, Gillespie Park, Lindley, Pleasant Garden, Sedalia, Southern, Sumner, Vandalia, Washington, Wiley
• Middle: Allen, Eastern, Hairston, Jackson, Kiser, Southeast, Southern
• High: Dudley, Eastern, Grimsley, Smith, Southeast, Southern

Some 27406 Listings

For your viewing pleasure….

Keep an eye on this site for updates about this zip code and others.

As always, whether the news is good or bad, you’ll see it here.

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If you have questions, comments or a good joke to share shoot me an email.  I’m a full time Realtor®, I love what I do and would be thrilled to hear from you.

* All data from Triad Multiple Listing Service (MLS) and is only as good as the information entered, which is done by humans, who make errors. The information is only for those residential zip codes for Greensboro and does not include the surrounding communities.