Greenwood, IL is a great place to live with housing values that are steadily increasing. The median value of homes in Greenwood is currently $286,000, which is significantly less than the national median value of $338,100. Despite this discrepancy in values, housing in Greenwood has experienced an increase of 8.83% over the past year- well above the national average of 8.27%. This indicates that home owners in Greenwood can expect their investments to continue growing at a healthy rate.
The median home cost in Greenwood is $286,000. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Greenwood is up 14.5%.
Average Age of Homes
- The median age of Greenwood real estate is 78 years old
The Rental Market in Greenwood
- Renters make up 26.5% of the Greenwood population
- 0.0% 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.