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Featured local agent — Greatwood, TX

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Greatwood, TX

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

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

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Greatwood, TX Housing Market & Real Estate

Seller's market+38.5% YoY

Housing market overview · Updated monthly ·

$595,000median sale price

How is the Greatwood, TX housing market right now?

The median home sale price in Greatwood, TX is $595,000, up 38.5% year-over-year. Homes sell in an average of 17 days with 35 active listings. The market is currently a seller's 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 Greatwood a buyer's or seller's market?

Seller's market2.7 months of supply17 avg. days on market

Greatwood, TX is currently a seller's market, based on 2.7 months of supply and homes selling in about 17 days. How we determine this →

Homes sold

13

Last 12 weeks

Days on market

17

Fast-moving

Active listings

35

2.7 months supply

Sale-to-list

98.8%

Below asking

What does the Greatwood housing market data show?

Current housing market statistics for Greatwood, TX
MetricValue
Median sale price$595,000
Median list price$530,000
Year-over-year price change+38.5%
Average days on market17 days
Active inventory35 listings
Months of supply2.7 months
Sale-to-list price ratio98.8%
Median price per sq ft$183/sq ft
Homes sold (latest month)13
New listings (latest month)23
Listings with a price cut42.9%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Greatwood by property type?

How the Greatwood, TX market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Greatwood, TX
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$595,000$183/sq ft1317 days
Townhouse$215,000$172/sq ft173 days

Source: Redfin · Updated monthly

The Greatwood housing market is currently classified as a seller's market with a median sale price of $595,000. Prices have risen 38.5% compared to last year, with homes spending an average of 17 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in Greatwood

There are currently 35 homes listed for sale in Greatwood, Texas. The median listing price is $530K.

Active listings

35

Homes on market

Median list price

$530K

Avg. days on market

17

Days until sale

New this week

23

Newly listed

Price drops:42.9%of listings
Sale-to-list:98.8%

Which cities are near Greatwood, TX?

Want a head-to-head view? Compare Greatwood side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Greatwood?

The median home sale price in Greatwood is $595,000, up 38.5% from last year.

How long do homes stay on market in Greatwood?

Homes typically spend 17 days on market before going under contract.

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

With 2.7 months of supply, Greatwood is currently a seller's market.

How much does a single-family home cost in Greatwood?

The median single-family home price in Greatwood, TX is $595,000 (about $183 per square foot).

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