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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Goldsboro, NC Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2021 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Goldsboro, NC Housing Market Trends

With 33,215 people, 14,445 houses or apartments, and a median cost of homes of $195,662, house prices in Goldsboro are solidly below the national average.

Single-family detached homes are the single most common housing type in Goldsboro, accounting for 53.92% of the city's housing units. Other types of housing that are prevalent in Goldsboro include large apartment complexes or high rise apartments ( 20.96%), duplexes, homes converted to apartments or other small apartment buildings ( 15.83%), and a few row houses and other attached homes ( 6.21%).

The most prevalent building size and type in Goldsboro are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 38.61% owning and 61.39% renting.

There is a lot of housing in Goldsboro built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Goldsboro built between 1940-1969 ( 36.83%). A lesser amount of the housing stock also hails from between 2000 and later ( 14.61%). There's also some housing in Goldsboro built before 1939 ( 7.00%).

Vacant housing appears to be an issue in Goldsboro. Fully 12.85% of the housing stock is classified as vacant. Left unchecked, vacant Goldsboro homes and apartments can be a drag on the real estate market, holding Goldsboro real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Goldsboro Home Appreciation Rates

Goldsboro's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Goldsboro during the period has been just 4.45%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Goldsboro's appreciation rate, at 4.08%, has been at or slightly above the national average. In the latest quarter, Goldsboro's appreciation rate has been 8.44%, which annualizes to a rate of 38.25%.

Importantly, NeighborhoodScout’s exclusive research found that Goldsboro's housing market shows one of the <a href="/blog/highest-appreciating-cities">top real estate appreciation rates in the U.S.A.</a> in the latest quarter, which may signal the city’s near-future real estate investment strength.

Relative to North Carolina, our data show that Goldsboro's latest annual appreciation rate is lower than 50% of the other cities and towns in North Carolina.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Goldsboro differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Goldsboro - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Goldsboro real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$195,662

Goldsboro, NC Home Prices
> $1,420,000
$1,065,001 - $1,420,000
$710,001 - $1,065,000
$568,001 - $710,000
$426,001 - $568,000
$284,001 - $426,000
$142,001 - $284,000
$71,001 - $142,000
$0 - $71,000
0.4%
0.4%
1.4%
1.4%
0.8%
0.8%
1.5%
1.5%
2.6%
2.6%
15.2%
15.2%
38.2%
38.2%
26.5%
26.5%
13.4%
13.4%
0% 100.0%
% of Homes
Low

for North carolina

Low

for nation

Number of Homes And Apartments:

14,445

Goldsboro Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,574 / per month

Homeownership Rate

Owners
Renters
Vacant
38.6%
38.6%
61.4%
61.4%
12.9%
12.9%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
14.6%
14.6%
41.6%
41.6%
36.8%
36.8%
7.0%
7.0%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
53.9%
53.9%
6.2%
6.2%
15.8%
15.8%
21.0%
21.0%
3.1%
3.1%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
4.2%
4.2%
7.7%
7.7%
32.0%
32.0%
40.3%
40.3%
13.3%
13.3%
2.5%
2.5%
0% 100.0%
% of Homes