Home Price Key
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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 $89,800, lower than the Kentucky average of $164,895.
The average cost of rent is $492/mo in Greenwood, primarily driven by the current value of real estate in the Greenwood area. While nearly 53.44% of residents own their homes outright in Greenwood, 11.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in Greenwood is $2,569 per month. Households that rent pay about 19.15% of their income on rent here. Greenwood's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Wiborg, KY: equally priced homes
- Tateville, KY: less expensive homes
- Parkers Lake, KY: less expensive homes
- Blue John, KY: less expensive homes
- Beulah Heights, KY: less expensive homes
- Delta, KY: less expensive homes
- Ritner, KY: less expensive homes
- Burnside, KY: equally priced homes
- Honeybee, KY: less expensive homes
- Marshes Siding, KY: equally priced homes
Cities with Similar Populations
- East Freetown, NY: higher priced homes
- Sunrise, LA: higher priced homes
- Sunbeam, IL: higher priced homes
- Sulphur Bluff, TX: higher priced homes
- Eola, LA: less expensive homes
- Elrod, IN: higher priced homes
- Elmdale, KS: higher priced homes
- Elm Park, AR: higher priced homes
- Eden, CO: higher priced homes
- Eastport, ID: higher priced homes
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