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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 $195,372, lower than the South Carolina average of $296,593.
The average cost of rent is $959/mo in Greenwood, primarily driven by the current value of real estate in the Greenwood area. In Greenwood, 37.82% of households rent, and 51.75% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Greenwood is $4,950 per month. Households that rent pay about 19.37% of their income on rent here. Greenwood’s most expensive areas are in the southwestern 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
- Pinehurst, SC: less expensive homes
- Hodges, SC: equally priced homes
- Ninety Six, SC: equally priced homes
- Verdery, SC: less expensive homes
- Godsey, SC: less expensive homes
- Waterloo, SC: less expensive homes
- Greenwood Shores, SC: higher priced homes
- Cross Hill, SC: higher priced homes
- Mount Gallagher, SC: less expensive homes
- Shoals Junction, SC: less expensive homes
Cities with Similar Populations
- Downers Grove, IL: higher priced homes
- Greensburg, PA: higher priced homes
- Evans, GA: higher priced homes
- West New York, NJ: higher priced homes
- Encinitas, CA: higher priced homes
- Edina, MN: higher priced homes
- Delaware, OH: higher priced homes
- Crown Point, IN: higher priced homes
- Collierville, TN: higher priced homes
- Canovanas, PR: less expensive homes
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