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 $158,844, lower than the Arkansas average of $160,541.
The average cost of rent is $815/mo in Greenwood, primarily driven by the current value of real estate in the Greenwood area. While nearly 41.03% of residents own their homes outright in Greenwood, 24.86% rent.
Housing affordability isn’t just about home prices, though. The average household income in Greenwood is $5,013 per month. Households that rent pay about 16.25% of their income on rent here. Greenwood's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Old Jenny Lind, AR: less expensive homes
- Excelsior, AR: equally priced homes
- Milltown, AR: less expensive homes
- Huntington, AR: less expensive homes
- Central City, AR: equally priced homes
- Hackett, AR: less expensive homes
- Barling, AR: higher priced homes
- Jenson, AR: less expensive homes
- Bonanza, AR: higher priced homes
- Lavaca, AR: equally priced homes
Cities with Similar Populations
- Cedar Creek, TX: higher priced homes
- West Carrollton, OH: less expensive homes
- Wells Branch, TX: higher priced homes
- Wellington, CO: higher priced homes
- Weatherford, OK: higher priced homes
- Clinton, CT: higher priced homes
- Clayton, OH: equally priced homes
- Claremont, NH: less expensive homes
- Chickamauga, GA: equally priced homes
- Chester, NY: higher priced homes
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