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Sarah Mitchell

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Compass Real Estate · Greenfield, MA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Greenfield, MA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Greenfield, MA Housing Market

Strong seller's market+0.9% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Greenfield, MA is worth $339,342, rose 0.9% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $340,000, +3.8% year over year (through May 2026). With 1.6 months of supply and homes going under contract in about 25 days, Greenfield is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $339,342 home is about $1,812/mo in principal and interest.

Key numbers for Greenfield, MA

Typical home value

$339,342

+0.9% in 12 months

Zillow, August 2026

Median sale price

$340,000

+3.8% year over year

Redfin, through May 2026

Days on market

25

Average pace

Redfin, through May 2026

Active listings

19

1.6 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$53,961

Home costs 6.3x income

U.S. Census ACS, 2023

Sale-to-list ratio

101.2%

Selling above asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

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

Strong seller's market1.6 months of supply25 days on market101.2% of asking

Greenfield, MA is a strong seller's market, based on 1.6 months of supply and homes selling in about 25 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Greenfield housing market data show?

Every row below is Redfin's final published month for Greenfield, MA. Redfin, through May 2026

Housing market statistics for Greenfield, MA, Redfin through May 2026
MetricValue
Median sale price$340,000
Median list price$338,250
Year-over-year price change+3.8%
Median price per sq ft$202/sq ft
Median days on market25 days
Active inventory19 listings
Months of supply1.6 months
Sale-to-list price ratio101.2%
Homes sold (that month)12
New listings (that month)16
Listings with a price cut5.3%
Market conditionStrong seller's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Greenfield is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Greenfield is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Greenfield home prices moved?

Over the last three years the median sale price in Greenfield, MA rose 8.8%, from $312,500 to $340,000. The live Zillow value series has rose 0.9% in the last 12 months, which is the more current read now that Redfin's series has stopped. 5.3% of Greenfield listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 1.6 months while the sale-to-list ratio slips below its current 101.2%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Greenfield?

Priced off the typical home value of $339,342 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Greenfield, MA
Down paymentCash at closeLoan amountMonthly P&I
20%$67,868$271,473$1,812/mo
5%$16,967$322,375$2,151/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,812, that implies roughly $77,640 a year before you add taxes and insurance. The median household in Greenfield earns $53,961, about $23,679 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 6.3x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Greenfield in the next 12 months?

Tell us your timeline. We send the Greenfield market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Greenfield?

Zillow does not publish a rent index (ZORI) for Greenfield, MA, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Greenfield?

Active listings in Greenfield, MA went from 27 in May 2025 to 19 in May 2026, a -29.6% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Greenfield, MA
MonthActive listingsNew listings
June 20252318
July 20252216
August 20252316
September 20252715
October 20253222
November 20252712
December 2025225
January 2026217
February 2026216
March 20262113
April 20261812
May 20261916

Redfin, through May 2026

How does Greenfield compare to Massachusetts and the U.S.?

Greenfield homes sell for $340,000 — 51% below the Massachusetts median of $688,100. Against the national median of $410,700, Greenfield runs 17% lower. Year-over-year, Greenfield moved +3.8% against Massachusetts's +0.8% — a bigger swing than the state as a whole.

Greenfield, MA compared with Massachusetts and the United States
MarketMedian sale priceYoYDays on market
Greenfield, MA$340,000+3.8%25 days
Massachusetts statewide$688,100+0.8%21 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Greenfield

What buyers should watch

  • Months of supply, currently 1.6. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 5.3%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $340 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $339,342 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Greenfield listing goes under contract in 25 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 101.2% of asking. Price at the number you want and let competition do the rest.
  • In the last published month Greenfield added 16 new listings against 12 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved +0.9% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Greenfield varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Greenfield

There are currently 19 homes listed for sale in Greenfield, Massachusetts. The median listing price is $338K.

Active listings

19

Homes on market

Median list price

$338K

Avg. days on market

25

Days until sale

New this week

16

Newly listed

Price drops:5.3%of listings
Sale-to-list:101.2%

How much do homes cost in Greenfield by property type?

How the Greenfield, MA market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Greenfield, MA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$407,500$248/sq ft825 days
Condo / co-op$302,000$202/sq ft282 days
Townhouse$175,000$195/sq ft16 days

Who lives in Greenfield?

American Community Survey estimates for Greenfield. U.S. Census ACS, 2023

Population

17,662

Households

8,206

Median income

$53,961/yr

Median age

44.1 years

Owner-occupied

54.6%

Median home value

$252,000

Median gross rent

$1,097/mo

Mean commute

17.8 min

54.6% of occupied homes in Greenfield are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $252,000 against Zillow's $339,342 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.

Which public schools serve Greenfield?

8 schools tracked · 2,789 students

The largest public schools serving Greenfield, MA 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.

Greater Commonwealth Virtual School

Grades K-12 · 1,161 students

Public

Greenfield High

Grades 8-12 · 448 students

Public

Greenfield Middle

Grades 5-7 · 301 students

Public

Four Rivers Charter Public School

Grades 7-12 · 214 students

Charter

Discovery School at Four Corners

Grades K-4 · 210 students

Public

Newton School

Grades K-4 · 183 students

Public

Federal Street School

Grades K-4 · 182 students

Public

The Academy of Early Learning at North Parish

Grades PK · 90 students

Public

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 Greenfield, MA?

Ordered by distance from Greenfield, not by size. Compare Greenfield side by side with any of them.

Greenfield housing market FAQ

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

Greenfield, MA is currently a strong seller's market. That read comes from 1.6 months of supply, homes going under contract in about 25 days, and sellers getting 101.2% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Greenfield?

The typical home in Greenfield, MA is worth $339,342 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $340,000, about $202 per square foot.

Is Greenfield cheaper than the rest of Massachusetts?

Greenfield's median sale price of $340,000 is 51% lower than the Massachusetts statewide median of $688,100, and 17% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Greenfield?

Homes in Greenfield, MA spent a median of 25 days on market before going under contract, versus 21 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Greenfield?

At the current 30-year fixed rate of 7.03%, 20% down on a $339,342 home is about $1,812 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $77,640 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $53,961.

Are home prices rising in Greenfield?

The typical home value in Greenfield, MA rose 0.9% over the last 12 months, from $336,338 to $339,342 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Greenfield?

Greenfield ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Greenfield?

That depends on your timeline, not on a headline. What the data says today: Greenfield, MA is a strong seller's market with 1.6 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.