
Home Price Key
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 $218,317, lower than the Illinois average of $242,002.
The average cost of rent is $1,299/mo in Greenwood, primarily driven by the current value of real estate in the Greenwood area. While nearly 20.67% of residents own their homes outright in Greenwood, 9.40% rent.
Housing affordability isn’t just about home prices, though. The average household income in Greenwood is $7,296 per month. Households that rent pay about 17.81% of their income on rent here. Greenwood's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Wonder Lake, IL: less expensive homes
- Ringwood, IL: higher priced homes
- Hebron, IL: higher priced homes
- Bull Valley, IL: higher priced homes
- McCullom Lake, IL: less expensive homes
- Woodstock, IL: equally priced homes
- Richmond, IL: higher priced homes
- Hartland, IL: higher priced homes
- Solon Mills, IL: higher priced homes
- Mchenry, IL: equally priced homes
Cities with Similar Populations
- Ruston, WA: higher priced homes
- Pine Springs, MS: less expensive homes
- Pitts, GA: less expensive homes
- Quamba, MN: less expensive homes
- Richmond Dale, OH: less expensive homes
- Roanoke, LA: less expensive homes
- Robinson Creek, KY: less expensive homes
- Rock Creek, WV: less expensive homes
- Rockton, PA: less expensive homes
- Roosevelt, WI: less expensive homes
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