Housing GSO: HRA Greensboro Affordable Housing Plan

NEIGHBORHOOD SELECTION

These potential target areas were assessed across a range of quantitative and qualitative metrics, summarized below.

MARKET ACTIVITY

Metric

Dudley Heights Glenwood Kings Forest

Mill District* Random Woods Citywide

Total Building Permits and Share of Housing Stock, 2018

36 3% of stock

10 1% of stock

26 2% of stock

308 9% of stock

10 1% of stock

3,433

Increase in Home Sales, 2016 vs. 2018**

12

8

19

122

23

2,980

Growth in Home Sales, 2016 vs. 2018**

133%

67%

127%

236%

144%

145%

Average Sales Price, 2018**

$63,880

$78,125

$97,143

$119,728

$116,990

$222,719

Growth in Sales Price, 2016 vs. 2018**

33%

33%

41%

32%

39%

16%

Change in Owner-Occupied Units, 2010- 2017

(38)

93

(101)

7

44

(1,819)

*Data points were aggregated to the Census tract level. For the Mill District, which falls across two different Census tracts, numbers were averaged or totaled.

**Redfin collects home sales data for the Past 3 Years and Past Year time frames, and may not capture all home sales in a given year.

Source: ACS Estimates (2010 and 2017), Redfin, City of Greensboro

HR&A Advisors, Inc.

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