Greenwood, MN is a small town located in the Midwest United States. The housing median value in Greenwood is currently at $1,363,900 which is significantly higher than the US house median value of $338,100. Although the 1 year appreciation rate for houses in the US is 8.27%, Greenwood has had a slightly lower house appreciation rate of 6.82%. Despite this, Greenwood still remains an attractive place to purchase a home due to its competitive housing prices and desirable location.
The median home cost in Greenwood is $1,363,900. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Greenwood is up 11.0%.
Average Age of Homes
- The median age of Greenwood real estate is 33 years old
The Rental Market in Greenwood
- Renters make up 8.8% of the Greenwood population
- 1.4% 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.