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ZIP code

ZIP 27403

Guilford County · Greensboro-High Point, NC · North Carolina

FHFA annual index 1979–2025Developmental ZIP indexIndex vintage March 31, 2026
FHFA house price index for ZIP 27403, 1979 to 2025, with the national index rebased to the same start and NBER recessions shadedRecession 1980Recession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 2020020040060080019801990200020102020United States2025: 653
ZIP 27403 (100 = first year)United States, rebased to the same startNBER recession

FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. FHFA describes its ZIP code indexes as developmental: they may be revised as new data arrive or methods change, and the index does not give a dollar value for any home.

The federal house price index for ZIP 27403 (Guilford County, North Carolina) runs from 1979 to 2025 and has risen +553.3% over that time, from a base of 100 to 653.

Over the ten years to 2025 the index rose +100.9%, about +7.2% a year: close to Guilford County (+98.4%), below North Carolina (+106.6%) and well above the national index (+85.0%). The change over 2024–2025 was +2.7%.

By decade, the strongest was the 1980s (+58.9%) and the weakest the 2000s (+20.1%).

From its 2008 peak the index fell −7.4% to a 2012 low and regained the peak in 2016.

Building activity is measured at county level: Guilford County authorised 3,430 housing units in the 12 months to August 2026, 6.1 per 1,000 residents, 45% of them single-family.

+2.7%1 year, 2024–2025US +2.8%
+58.0%5 years, 2020–2025US +47.0%
+100.9%10 years, 2015–2025+7.2% a year annualised
+149.6%since 2000US +158.3%

Same span, five levels

Change in the FHFA indexZIP 27403Guilford CountyGreensboro-High Point areaNorth CarolinaUnited States
1 year (2024–2025)+2.7%+3.2%+3.4%+2.5%+2.8%
5 years (2020–2025)+58.0%+60.6%+61.9%+60.4%+47.0%
10 years (2015–2025)+100.9%+98.4%+99.5%+106.6%+85.0%
20 years (2005–2025)+106.1%+97.1%+96.4%+117.3%+79.1%
Since 2000+149.6%+122.7%+122.5%+159.5%+158.3%
Since 1979+553.3%+399.0%+413.0%+533.5%+539.0%
10-year annualised+7.2%+7.1%+7.2%+7.5%+6.3%
20-year annualised+3.7%+3.5%+3.4%+4.0%+3.0%

Every column uses FHFA's annual all-transactions index family and the same start and end years, so the figures are directly comparable. A dash means the level has no index for that span.

Decade by decade

DecadeChangeUnited States
1980s (1980–1990)+58.9%+68.2%
1990s (1990–2000)+44.7%+33.9%
2000s (2000–2010)+20.1%+29.7%
2010s (2010–2020)+31.6%+35.5%
2020s so far (2020–2025)+58.0%+47.0%

FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1979 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1979 are not shown.

Peak-to-low declines

Falls of 5% or more from a previous high in the annual index, and the year the earlier peak was regained.

PeakLowDeclinePeak regained
19801982−8.6%1983
20082012−7.4%2016

Building permits in Guilford County

Permits are reported by county and by permit-issuing place, not by ZIP code. Housing units authorised in Guilford County, latest 12 months.

Housing units authorised in Guilford County by month, Sep 2025 to Aug 20260200400600Sep 2025: 575 units (147 single-family, 428 in multi-unit buildings)Sep 2025Oct 2025: 364 units (103 single-family, 261 in multi-unit buildings)Oct 2025Nov 2025: 147 units (86 single-family, 61 in multi-unit buildings)Nov 2025Dec 2025: 93 units (89 single-family, 4 in multi-unit buildings)Dec 2025Jan 2026: 227 units (126 single-family, 101 in multi-unit buildings)Jan 2026Feb 2026: 242 units (145 single-family, 97 in multi-unit buildings)Feb 2026Mar 2026: 239 units (128 single-family, 111 in multi-unit buildings)Mar 2026Apr 2026: 249 units (140 single-family, 109 in multi-unit buildings)Apr 2026May 2026: 135 units (128 single-family, 7 in multi-unit buildings)May 2026Jun 2026: 160 units (151 single-family, 9 in multi-unit buildings)Jun 2026Jul 2026: 441 units (141 single-family, 300 in multi-unit buildings)Jul 2026Aug 2026: 558 units (175 single-family, 383 in multi-unit buildings)Aug 2026

Housing units authorised in Guilford County by month, Sep 2025 to Aug 2026single-family2+ unit buildings

3,430units authorised, 12 months to August 2026+23.9% on the previous 12 months
6.1units per 1,000 residentsNorth Carolina 7.8 · US 4.1
45%single-family share1,855 units in 5+ unit buildings

Full permit history and every city in Guilford County

Other ZIP codes in Guilford County

Ranked by ten-year change in the FHFA index; ZIP 27403 ranks 8 of 20 with an index through 2025.

ZIP1 year10 yearsSince 2000Index through
27405+3.9%+146.0%+138.5%2025
27260−6.8%+139.3%+151.7%2025
27406+5.3%+111.6%+119.9%2025
27455+7.0%+110.4%+142.9%2025
27301+4.6%+107.1%+127.3%2025
27407+1.3%+107.0%+123.4%2025
27377−0.7%+106.6%+117.3%2024
27282+1.2%+102.1%+109.9%2025
27214−1.2%+99.6%+126.6%2025
27262+3.4%+98.6%+111.7%2025
27401+2.6%+98.6%+132.8%2025
27265+1.0%+98.4%+112.1%2025

All 22 ZIP codes in Guilford County

Questions and answers

How much have home values in ZIP 27403 risen over 10 years?

The FHFA house price index for 27403 rose +100.9% between 2015 and 2025, about +7.2% a year compounded. Over five years the change was +58.0% and over one year +2.7%.

How does 27403 compare with Guilford County?

Over the same ten years to 2025, Guilford County rose +98.4%, North Carolina +106.6% and the United States +85.0%, against +100.9% for the ZIP. Among 20 ZIP codes in the county with an index through 2025, 27403 ranks 8 by ten-year change.

What happened to prices in 27403 after 2007?

The index peaked in 2008, fell −7.4% to its 2012 low and passed the earlier peak again in 2016. Nationally the fall was −21.3% from 2007 to 2012.

How many homes are being built in 27403?

Building permits are published by place and county, not by ZIP. Guilford County authorised 3,430 housing units in the 12 months to August 2026, +23.9% on the previous 12 months. The county page lists permits by month and by city.

Where does the index for this ZIP come from?

From the Federal Housing Finance Agency's annual five-digit ZIP code house price index (all-transactions), last updated March 31, 2026. FHFA labels the ZIP-level indexes developmental: they are calibrated on appraisal values and sales prices for mortgages bought or guaranteed by Fannie Mae and Freddie Mac, and may be revised. The index tracks price changes for the same homes over time; it does not give a dollar value for any home.

Provenance

Index: Federal Housing Finance Agency, annual house price index for five-digit ZIP codes (all-transactions, developmental), last updated March 31, 2026, values 1979–2025, public domain. County, state and national comparison series are FHFA's annual indexes for those levels from the same release. ZIP to county assignment uses the Census Bureau's 2020 ZCTA-to-county relationship file (largest land share); county to metro uses OMB's July 2023 delineations. Permits: Census Bureau Building Permits Survey through August 2026. Errors in processing are corrected at the next build; see corrections. FHFA HPI datasets.