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Is it a good time to move to Greensboro, NC?

“If this tea isn’t sweet enough, I’m not gonna drink it!”. 

“Nascar is not just a sport. It’s a lifestyle! “

“Our sworn enemy is South Carolina!” 

“Biscuits for breakfast, lunch, dinner, and dessert? Yes, please!”

These are only a handful of cliches people relate to North Carolinians. And they all apply to Greensboro, NC too.

Are you an American history aficionado? Do you enjoy a city with huge parks and plenty of recreational activities? Then, we have news for you! We have just found you the perfect blend of all these things! So contact the local real estate agents in Greensboro NC, now and find the most suitable housing solution for you and your family!

Find your way to Gate City!

Greensboro (formerly known as Greensborough), North Carolina, is one of the most popular tourist destinations in North Carolina. Why? You may wonder. Frankly, there are incredible things to do in Greensboro for travelers of every age, making it an instant classic holiday retreat for families. One of the reasons for this is that the city boasts a vibrant and pulsing university life, which in itself gives a tremendous boost to economic and cultural progress. 

The nickname “Gate City” originates from 1891. By that time, the city of Greensboro had already elaborated a highly intricate and complex railway system to such an extent that roughly 60 trains came and left the station on a daily basis.

2021 the population of Gate City is slightly over 300,000, making it the third-most populous town in the state. It is located in eastern North Carolina, 90 miles from Raleigh, the capital of NC. It makes up a triangular metro with Winston Salem. You can definitely sense metropolitan vibes due to this.

What makes Greensboro so cool?

First and foremost, Greensboro has established itself as an authentic center of historical exhibits in nationally acknowledged museums. Bearing the pro-confederacy heritage on its shoulders (though we must mention that during the Civil War, North Carolina remained a divided state), the city became a true champion of modern-day Civil Rights Movements. Secondly, the city officials emphasized preserving and developing green spaces in various parks and reserves. 

A taste of the must-see sightseeings in Greensboro

  • LeBauer Park provides you with the chance to let out some heavy steam after a difficult day with your kids. Plus, they have an extra big screen for movie nights.
  • The Greensboro Arboretum, an admission-free public garden, will stimulate all your senses at the same time. The gazebo in the park serves as one of the most beloved wedding ceremony venues. Once you are here in this peaceful environment with a spectacular panoramic view, make sure to see the windchime!
  • We recommend you seek a tranquil retreat and organize a wedding at the Tanger Family Bicentennial Garden!
  • Let the Greensboro History Museum be your next stop. The facility is three buildings combined displaying Quakers’ and native Americans’ heritage. 
  • Guilford Courthouse National Military Park is highly recommended to history fans because of its authentic monuments and exhibits. In addition, it offers children reenactments of revolutionary wars and other interactive games.
  • Are you a rare vintage item treasure hunter? Then, the Antique Market Place is a must-see!
  • Regularly organizing extraordinary exhibits, the International Civil Rights Center and Museum turned into a significant educational center showcasing the struggles of the civil rights movement.
  • Visit Wet’n Wild Emerald Pointe Water Park featuring 36 water rides, and we guarantee your kids will have the time of their life! 
  • Take a whole day out and explore the Greensboro Science Center, a mind-blowing facility combining a zoo, an aquarium, and a museum with a live T-Rex model!

The cost of living in Greensboro, NC

Have a look at the most compelling factors when deciding to relocate to this wonderful city! You will learn that all components clearly indicate that now is the perfect time to buy real estate in the city.

The cost of living in Greensboro is below the national average. According to BestPlaces indices, our historical city has received an average of 83.9 in terms of cost of living. The national US average is 100. Subsequently, the grade of 83.9 means that Greensboro is cheaper than the US average. On the other hand, health costs are slightly above the national average: 112.3. They were calculated regarding the daily rate for a hospital room, the costs of regular dental check-ups, and doctor’s office visits. 

The median cost for an average house in Greensboro was graded 62 in buying and renting a place. Therefore, house hunters will not have a hard time finding the most affordable homes.

You must be curious about median home costs too. Greensboro’s yearly average is $144,000, while the national median home cost is $232,000. The average utilities cost in the region is also below the US median. The average cost of heating and cooling, including electricity, natural gas, and other fuels, was 96, an impressive grade again compared to the national average of 100.

The downside of moving to Greensboro

There are some negative aspects you should know about, though, before moving to Greensboro. According to Redfin, the city is exposed to a minimal risk of flooding within the next 30 years. “Approximately 5,236 homes (5%) are already in Greensboro, and within 30 years, about 5,547 homes  (6%) will be at risk. Flood risk in Greensboro is increasing slower than the national average”. Furthermore, there is a significant storm and heat risk in the city during summertime.

The crime rate in Greensboro is moderately high. So, sadly, Greensboro is not the safest North Carolina city. With all that said, most of the neighborhoods are family-friendly.

Purchasing a budget-priced home in Greensboro

In 2021, the median list price of homes in Greensboro, NC was approximately $218,000. Likewise, the median listing price per square foot was $130. The median sale price was $221,500.

If you’re seriously considering moving to the city, let us just provide you with a few low-income neighborhoods: Fisher Park (listed on the National Register of Historic Places), Dunleath, Old Irving Park, Summerfield, Lindley Park, Hamilton Lakes, etc. In each, you will find a strong sense of community among visitor-friendly locals, historic architecture, cultural events, and rich history.

Now it is time to move to Greensboro!

Notice how much progress the city made in the last decades. In the most positive sense of the word, it assumed a metropolitan vibe with attracting tourists and providing a family-friendly environment. As a result, a healthy and thriving community waiting just for you to be part of!

Don’t let minor setbacks convince you otherwise! With affordable housing prices and a decent cost of living, you will get served with plenty of cultural and educational possibilities designed for the entire family.

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