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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 $128,480, lower than the Georgia average of $324,634.
The average cost of rent is $726/mo in Greenwood, primarily driven by the current value of real estate in the Greenwood area. In Greenwood, 13.94% of households rent, and 71.26% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Greenwood is $6,184 per month. Households that rent pay about 11.75% of their income on rent here. Greenwood’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hopeful, GA: equally priced homes
- Newton, GA: less expensive homes
- Camilla, GA: less expensive homes
- Flint, GA: less expensive homes
- Pelham, GA: less expensive homes
- Milford, GA: higher priced homes
- Greenough, GA: higher priced homes
- Baconton, GA: equally priced homes
- Sale City, GA: less expensive homes
- Crestview, GA: higher priced homes
Cities with Similar Populations
- Capay, CA: higher priced homes
- Wales, AK: less expensive homes
- Wades Point, NC: higher priced homes
- Vorden, CA: higher priced homes
- Vixen, LA: equally priced homes
- Virlilia, MS: higher priced homes
- Verona, ND: higher priced homes
- Uwharrie, NC: higher priced homes
- Union Star, KY: equally priced homes
- Chromo, CO: higher priced homes
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