Brokers — List your Company Here
Featured local agent — Greenwood, AR
Sarah Mitchell
Compass Real Estate · Greenwood, AR
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Greenwood, AR Housing Market & Real Estate
Housing market overview · Updated monthly ·
$229,000median sale price
How is the Greenwood, AR housing market right now?
The median home sale price in Greenwood, AR is $229,000, down 11.7% year-over-year. Homes sell in an average of 35 days with 37 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Greenwood a buyer's or seller's market?
Greenwood, AR is currently a balanced market, based on 2.8 months of supply and homes selling in about 35 days. How we determine this →
Homes sold
13
Last 12 weeks
Days on market
35
Average pace
Active listings
37
2.8 months supply
Sale-to-list
95.7%
Below asking
What does the Greenwood housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $229,000 |
| Median list price | $254,750 |
| Year-over-year price change | -11.7% |
| Average days on market | 35 days |
| Active inventory | 37 listings |
| Months of supply | 2.8 months |
| Sale-to-list price ratio | 95.7% |
| Median price per sq ft | $147/sq ft |
| Homes sold (latest month) | 13 |
| New listings (latest month) | 16 |
| Listings with a price cut | 46.0% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Greenwood by property type?
How the Greenwood, AR market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $229,000 | $147/sq ft | 13 | 35 days |
Source: Redfin · Updated monthly
The Greenwood housing market is currently classified as a balanced market with a median sale price of $229,000. Prices have fallen 11.7% compared to last year, with homes spending an average of 35 days on market, indicating 2.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.7x provides context for how home values compare to local earning capacity.
Homes for sale in Greenwood
There are currently 37 homes listed for sale in Greenwood, Arkansas. The median listing price is $255K.
Active listings
37
Homes on market
Median list price
$255K
Avg. days on market
35
Days until sale
New this week
16
Newly listed
Who lives in Greenwood?
Population
9,570
Median income
$65,745/yr
Median age
37.8 years
Owner-occupied
71.6%
College grads
28.3%
Avg commute
27 min
Source: U.S. Census Bureau ACS
What are homes worth in Greenwood?
Zillow home value
$245,944
Zillow rent index
$1,200/mo
Price-to-rent ratio
17.1x
Price-to-income
3.7x
Source: Zillow Research
What is it like to live in Greenwood?
Greenwood is a community of approximately 10K residents with a median age of 37.8 years.The median household income is $65,745, which represents a working-class community with solid middle-income opportunities. 28.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 71.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 27 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Greenwood offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Greenwood?
5 schools tracked · 3,916 students
The largest public schools serving Greenwood, AR by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
GREENWOOD HIGH SCHOOL
Grades 9-12 · 1,181 students
WESTWOOD ELEMENTARY SCHOOL
Grades PK-4 · 815 students
EAST POINTE ELEMENTARY SCHOOL
Grades K-4 · 700 students
GREENWOOD JUNIOR HIGH SCHOOL
Grades 7-8 · 627 students
EAST HILLS MIDDLE SCHOOL
Grades 5-6 · 593 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Greenwood, AR?
Want a head-to-head view? Compare Greenwood side-by-side with any other U.S. city using our market-comparison tool.
Is Greenwood a good real estate investment market?
For investors evaluating Greenwood, the price-to-rent ratio of 17.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 11.7% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Greenwood's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Greenwood's median home price.
Frequently asked questions
What is the average home price in Greenwood?
The median home sale price in Greenwood is $229,000, down 11.7% from last year.
How long do homes stay on market in Greenwood?
Homes typically spend 35 days on market before going under contract.
What is the median income in Greenwood?
The median household income is $65,745 per year.
Is Greenwood a buyer's or seller's market?
With 2.8 months of supply, Greenwood is currently a balanced market.
What is the Zillow home value estimate for Greenwood?
The Zillow Home Value Index (ZHVI) for Greenwood is $245,944, representing the typical home value in the area.
How much does a single-family home cost in Greenwood?
The median single-family home price in Greenwood, AR is $229,000 (about $147 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Greenwood, AR
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Greenwood market alerts
Weekly updates on prices, inventory, and trends. Free forever.