Greenwood, AR
Housing market overview · Updated weekly
$212,500median sale price
Homes sold
8
Last 12 weeks
Days on market
98
Average pace
Active listings
42
5.3 months supply
Sale-to-list
98.7%
Below asking
The Greenwood housing market is currently classified as a buyer's market with a median sale price of $212,500. Prices have fallen 0.6% compared to last year, with homes spending an average of 98 days on market, indicating 5.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Greenwood?
The median home sale price in Greenwood is $212,500, down 0.6% from last year.
How long do homes stay on market in Greenwood?
Homes typically spend 98 days on market before going under contract.
Is Greenwood a buyer's or seller's market?
With 5.3 months of supply, Greenwood is currently a buyer's market.
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