The story of this market
The typical home in ZIP 27294 sells for about $235,500, or $189 per square foot.
Prices are down 12.8% from a year ago, which gives buyers more room to negotiate. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,415 a month.
ZIP 27294 — Lexington
The housing market in the 27294 area is currently experiencing a period of price adjustment, with median sale prices showing a year-over-year decline. High inventory levels relative to sales volume suggest a buyer-friendly environment, though demand remains steady for well-priced properties. Market activity is largely driven by broader regional economic trends in the Piedmont Triad.
This area is well-suited for family buyers and commuters seeking a balance between affordability and access to the Greensboro employment core, as well as investors looking for stable rental demand.
Median prices moved down 12.8% year over year.
Homes spend a median of 45 days on market with 14.2 months of supply — a balanced-paced market.
40% of listings have cut prices · homes sell at 98% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 15.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical -12.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 27294, Guilford County, NC
Not determinable for this specific ZIP code; regional crime trends in the Greensboro area are monitored by local law enforcement.
Public schools in the area are part of the Guilford County Schools system, which serves a diverse student population with varying performance ratings across the district.
The area is subject to standard North Carolina climate risks, including potential for heavy rainfall and localized flooding; property insurance availability remains stable but premiums are sensitive to regional hazard exposure.
Greensboro serves as a major hub for the Piedmont Triad, with significant economic momentum driven by logistics, manufacturing, and education sectors.
Property taxes are assessed at the county level by Guilford County, with additional municipal taxes applied based on specific city limits; rates are determined by the annual budget process.
Residents typically rely on personal vehicles for commuting, with access to major regional highways like I-40 and I-85 connecting to the broader Piedmont Triad employment centers.
The area features access to local parks, community green spaces, and proximity to shopping and dining districts within the Greensboro metropolitan footprint.
The rental market shows moderate pressure with a median rent of $1,415; vacancy rates are influenced by the steady demand from students and young professionals in the region.
The local economy is anchored by the education, healthcare, and logistics sectors, benefiting from the area's central location in the Piedmont Triad.
The area is served by a network of highways and local roads, with limited public transit options primarily focused on the urban core.
Ongoing development projects in the Greensboro area focus on mixed-use revitalization and infrastructure improvements to support population growth.
Guilford County Central Appraisal District conducts periodic property revaluations to ensure assessments align with market values.
Parcels are subject to Guilford County property taxes and may fall within specific municipal service districts or utility service areas.
Property insurance markets in North Carolina are regulated at the state level, with premiums reflecting regional risk factors such as wind and storm damage.
North Carolina operates as a non-judicial foreclosure state, allowing for a streamlined process under the power of sale clause in deeds of trust.
North Carolina requires sellers to provide a Residential Property and Owners' Association Disclosure Statement to buyers, covering the condition of the property.
Data retrieved from US Census Bureau ACS profiles for Greensboro/Guilford County.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Dave & Buster's Winston-Salem4.216.6 mi
- Get Air Trampoline Park418.8 mi
- Kersey Valley Attractions4.419.8 mi
- Adventure Landing Winston-Salem4.116.7 mi
- Chuck E. Cheese4.216.2 mi
- Bowman Gray Stadium4.717.5 mi
- Benton Convention Center4.518.6 mi
- Golden Corral Buffet & Grill4.316.5 mi
- Dave & Buster's Winston-Salem4.216.6 mi
- Kersey Valley SpookyWoods4.519.8 mi
- Finch Park4.52.9 mi
- Boone's Cave Park4.511.4 mi
- Lake Thom-A-Lex Park4.65.9 mi
- Buddle Creek Swim Area4.310.6 mi
- Weathervane Winery4.96 mi
- N.C. Transportation Museum4.713.6 mi
- Kaleideum4.618.4 mi
- Nido & Mariana Qubein Children’s Museum4.917.2 mi
- Old Salem Museums & Gardens4.617.5 mi
- Richard Childress Racing4.85.3 mi
- Thousand Trails Forest Lake47.4 mi
- Finch Park4.52.9 mi
- Boone's Cave Park4.511.4 mi
- Lake Thom-A-Lex Park4.65.9 mi
- Buddle Creek Swim Area4.310.6 mi
- Tamarac Marina & Restaurant4.415.5 mi
- Salem Lake Marina Center & Fishing Station4.618.7 mi
- Oak Hollow Marina4.719.4 mi
- High Rock Marina and Campground4.610.2 mi
- Sapona Golf Swim and Tennis Club4.53.2 mi
- Winding Creek Golf Course4.210.6 mi
- Colin Creek Golf Club4.112.6 mi
- Wilshire Golf Club4.412.9 mi
- Eleven Acre Flea Market4.211.4 mi
- M&L Chrysler Dodge Jeep Ram of Lexington4.61.3 mi
- Farmers Market Flea Market4.51 mi
- Ingles Markets4.311 mi
- Belk4.13.4 mi
- Piedmont Triad International Airport4.426.5 mi
- GSO Airport4.626.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides various community parks and greenways throughout the city.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.