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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 $297,479, lower than the Delaware average of $361,617.
The average cost of rent is $1,314/mo in Greenwood, primarily driven by the current value of real estate in the Greenwood area. In Greenwood, 26.58% of households rent, and 42.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Greenwood is $6,913 per month. Households that rent pay about 19.00% of their income on rent here. Greenwood’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Farmington, DE: less expensive homes
- Cocked Hat, DE: equally priced homes
- Woodenhawk, DE: equally priced homes
- Vernon, DE: equally priced homes
- Bridgeville, DE: less expensive homes
- Houston, DE: equally priced homes
- Harrington, DE: equally priced homes
- Coverdale Crossroads, DE: less expensive homes
- Ellendale, DE: equally priced homes
- Smithville, MD: higher priced homes
Cities with Similar Populations
- Worland, WY: less expensive homes
- Wisconsin Dells, WI: less expensive homes
- Woodbine, NJ: equally priced homes
- Allendale, NJ: higher priced homes
- St. John, MO: less expensive homes
- Algona, IA: less expensive homes
- Woodville, TX: less expensive homes
- Northfield, IL: higher priced homes
- Northbridge, MA: higher priced homes
- North Syracuse, NY: less expensive homes
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