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 $894,290, higher than the Minnesota average of $269,934.
The average cost of rent is $1,495/mo in Greenwood, primarily driven by the current value of real estate in the Greenwood area. While nearly 33.81% of residents own their homes outright in Greenwood, 24.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in Greenwood is $12,235 per month. Households that rent pay about 12.22% of their income on rent here. Greenwood's most expensive areas are in the eastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Excelsior, MN: less expensive homes
- Shorewood, MN: less expensive homes
- Tonka Bay, MN: less expensive homes
- Deephaven, MN: less expensive homes
- Minnetonka Beach, MN: higher priced homes
- Woodland, MN: higher priced homes
- Chanhassen, MN: less expensive homes
- Spring Park, MN: less expensive homes
- Orono, MN: less expensive homes
- Minnetonka, MN: less expensive homes
Cities with Similar Populations
- Roby, TX: less expensive homes
- Kinderlou, GA: less expensive homes
- Kneeland, WI: less expensive homes
- Knob Lick, KY: less expensive homes
- Lakewood, WI: less expensive homes
- Lakota, ND: less expensive homes
- Leakey, TX: less expensive homes
- Queen Anne, MD: less expensive homes
- Richelieu, KY: less expensive homes
- Ridgeland, WI: less expensive homes
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