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Featured local agent — Greenwood, NE
Sarah Mitchell
Compass Real Estate · Greenwood, NE
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Greenwood, NE Housing Market & Real Estate
Housing market overview · Updated monthly ·
$392,627median sale price
How is the Greenwood, NE housing market right now?
The median home sale price in Greenwood, NE is $392,627, down 4.0% year-over-year. Homes sell in an average of 197 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of April 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, NE is currently a balanced market and homes selling in about 197 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
197
Average pace
Active listings
—
Sale-to-list
102.2%
Above asking
What does the Greenwood housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $392,627 |
| Year-over-year price change | -4.0% |
| Average days on market | 197 days |
| Sale-to-list price ratio | 102.2% |
| Median price per sq ft | $161/sq ft |
| Homes sold (latest month) | 2 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Greenwood by property type?
How the Greenwood, NE market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $392,627 | $161/sq ft | 2 | 197 days |
Source: Redfin · Updated monthly
The Greenwood housing market is currently classified as a balanced market with a median sale price of $392,627. Prices have fallen 4.0% compared to last year, with homes spending an average of 197 days on market.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 3.0x provides context for how home values compare to local earning capacity.
Homes for sale in Greenwood
Explore homes currently listed for sale in Greenwood, Nebraska across major real estate platforms.
Who lives in Greenwood?
Population
511
Median income
$99,000/yr
Median age
33.3 years
Owner-occupied
77.7%
College grads
21.1%
Avg commute
26 min
Source: U.S. Census Bureau ACS
What are homes worth in Greenwood?
Zillow home value
$301,747
Price-to-income
3.0x
Source: Zillow Research
What is it like to live in Greenwood?
Greenwood is a community of approximately 1K residents with a median age of 33.3 years.The median household income is $99,000, which reflects a relatively affluent area with strong earning potential. 21.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 77.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 26 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 cities are near Greenwood, NE?
Want a head-to-head view? Compare Greenwood side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Greenwood?
The median home sale price in Greenwood is $392,627, down 4.0% from last year.
How long do homes stay on market in Greenwood?
Homes typically spend 197 days on market before going under contract.
What is the median income in Greenwood?
The median household income is $99,000 per year.
What is the Zillow home value estimate for Greenwood?
The Zillow Home Value Index (ZHVI) for Greenwood is $301,747, 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, NE is $392,627 (about $161 per square foot).
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