Greenwood, AR Housing Market & Real Estate

Buyer's market-0.6% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Greenwood, AR is $212,500, down 0.6% year-over-year. Homes sell in an average of 98 days with 42 active listings. The market is currently a buyer's market.

$212,500median sale price

Is Greenwood a buyer's or seller's market?

Buyer's market5.3 months of supply98 avg. days on market

Greenwood, AR is currently a buyer's market, based on 5.3 months of supply and homes selling in about 98 days. How we determine this →

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

Greenwood, AR market data

Current housing market statistics for Greenwood, AR
MetricValue
Median sale price$212,500
Median list price$229,000
Year-over-year price change-0.6%
Average days on market98 days
Active inventory42 listings
Months of supply5.3 months
Sale-to-list price ratio98.7%
Market conditionBuyer's market

Source: Redfin · Updated weekly

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

Homes for sale in Greenwood

There are currently 42 homes listed for sale in Greenwood, Arkansas. The median listing price is $229K.

Active listings

42

Homes on market

Median list price

$229K

Avg. days on market

98

Days until sale

New this week

15

Newly listed

Price drops:26.2%of listings
Sale-to-list:98.7%

Top public schools in 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

Public

WESTWOOD ELEMENTARY SCHOOL

Grades PK-4 · 815 students

Public

EAST POINTE ELEMENTARY SCHOOL

Grades K-4 · 700 students

Public

GREENWOOD JUNIOR HIGH SCHOOL

Grades 7-8 · 627 students

Public

EAST HILLS MIDDLE SCHOOL

Grades 5-6 · 593 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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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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