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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 $328,008, lower than the Washington average of $621,115.
The average cost of rent is $915/mo in Greenwood, primarily driven by the current value of real estate in the Greenwood area. In Greenwood, 18.14% of households rent, and 58.96% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Greenwood is $6,206 per month. Households that rent pay about 14.75% of their income on rent here. Greenwood’s most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Wishkah, WA: equally priced homes
- Nisson, WA: equally priced homes
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- Humptulips, WA: less expensive homes
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Cities with Similar Populations
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- Curtis, AR: less expensive homes
- Cummingsville, TN: less expensive homes
- Cross Creek, FL: less expensive homes
- Dean, LA: less expensive homes
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