Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Greenwood area can be challenging. Home prices in Greenwood are now at a median cost of $109,900, lower than the Alabama average of $185,232.
The average cost of rent is $435/mo in Greenwood, primarily driven by the current value of real estate in the Greenwood area. While nearly 77.13% of residents own their homes outright in Greenwood, 15.85% rent.
Housing affordability isn’t just about home prices, though. The average household income in Greenwood is $4,402 per month. Households that rent pay about 9.88% of their income on rent here. Greenwood's most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Fulton, AL: equally priced homes
- Peacock, AL: less expensive homes
- Dickinson, AL: equally priced homes
- Grove Hill, AL: less expensive homes
- Scyrene, AL: less expensive homes
- Roundhill, AL: equally priced homes
- McVay, AL: less expensive homes
- Zimco, AL: higher priced homes
- Whatley, AL: equally priced homes
- Nettleboro, AL: less expensive homes
Cities with Similar Populations
- Stacy Basin, NY: higher priced homes
- Sparkling Springs, VA: higher priced homes
- Buffalo Springs, ND: higher priced homes
- Bullet Creek, TN: equally priced homes
- Bullville, NY: higher priced homes
- Burchard, MN: higher priced homes
- Burnside, IA: higher priced homes
- Burnwood, PA: higher priced homes
- South Worcester, NY: higher priced homes
- Spotted Horse, WY: higher priced homes
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