Greenwood, AR

Buyer's market-0.6% YoY

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

Explore nearby cities in AR

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.

Get Greenwood market alerts

Weekly updates on prices, inventory, and trends. Free forever.