The housing market in Greenwood, DE is doing well, with the median value for a house being $238,100. This is slightly lower than the US House Median Value of $338,100, but the 1 year appreciation rate of 11.37% in Greenwood is higher than the 8.27% US average. This shows that Greenwood's housing market is strong and sustainable, and a great option for those looking to buy in a stable market.
The median home cost in Greenwood is $238,100. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Greenwood is up 17.3%.
Average Age of Homes
- The median age of Greenwood real estate is 31 years old
The Rental Market in Greenwood
- Renters make up 41.9% of the Greenwood population
- 5.1% of houses and apartments in Greenwood, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.