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605 W Market St Unit 206, Greensboro, NC, 27401

1beds
2baths
850sqft
$215,000
$253price/sqft
$1,552/moest. monthly cost
$62,080/yrincome needed

About This Home

Meticulously maintained condo in Downtown Greensboro's sought after Arbor House! This fully furnished, move-in ready, 1 bedroom, 1.5 bathroom condo boasts hardwood floors throughout the main living area, tray ceilings, a well-appointed primary suite, granite counter tops in the kitchen, and an open concept living area. The den opens up seamlessly to the covered balcony - perfect for entertaining! The entire builded is has locked entry for your privacy. Conveniently located near the Downtown Y, Elon Law School, Greensboro College, UNCG, Downtown Greenway, Tanger Center, Grasshopper's Stadium, dining, shopping, parks, and more!

Getting Around

86
WalkingVery Walkable
0
TransitVery Limited Transit
55
BikeBikeable

Schools

6/10
Kiser Middle SchoolGrades 6-81.5 mi
7/10
Grimsley High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 2007

Materials

  • Foundation: Slab
  • Construction materials: Brick,Vinyl Siding

Type & Style

  • Home type: Condo
  • Property subType: Stick/Site Built,Residential,Condominium

Interior

Appliances

  • Appliances included: Electric Water Heater
  • Laundry features: Dryer Connection,Main Level,Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2

Features

  • Flooring: Carpet,Tile,Wood
  • Finished area above ground: 850

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 850
  • Total interior livable area: 850 sqft

Property

Accessibility

  • Accessibility features: Accessible Elevator Installed

Details

  • Parcel number: 1503
  • Zoning: CB
  • Special condition: Owner Sale

Features

  • Levels: One
  • Stories: 1
  • Pool features: None

Lot

  • Lot size: 0.01 Acres
  • Features: Near Public Transit

Parking

  • Parking features: Paved,Secured

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Ice Storm
Winter Weather
Cold Wave
Hail
Hurricane
Inland Flooding
Lightning
Tornado

FEMA Declared Disasters in Guilford County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,087$13,044
Home Insurance *$117$1,404
Property Taxes $148$1,776
Electricity $200$2,405
Total$1,552$18,624
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$53,211/yr
40% on housing$46,560/yr
45% on housing$41,386/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.0%
10.0%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$253This listing

vs Other Active Listings

Avg $/sqft

ZIP 27401$134
Guilford County$157

vs Homes Sold Last Month

Median $/sqft

ZIP 27401$179
Guilford County$175

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-02Listed for sale$215,000

For Sale by Agent

AgentLindsay Watson
BrokerageBerkshire Hathaway HomeServices Yost & Little Realty

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