Housing Prices in Greenwood, AL

How much do homes in Greenwood, AL cost?

Median List Price

$339,900

$154/sqft

Based on all homes listed in May 2024.

Difference Since Last Month

+$19,900(+6.2%)

Key Takeaway

The list price of homes in Greenwood has increased by 6.2% since April.

Summary: The median home list price in Greenwood was $339,900 in May 2024, up 6.2% from the previous month, and the median price per square foot was $154.

Median List Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $199.5K$215.9K
+8.2%
3 $292.4K$309.9K
+6.0%
4 $320K$351.9K
+10.0%
5+ $394.8K$394.8K
0.0%

Summary: Greenwood housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 10%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Hoover
+6.3%
Greenwood
+6.2%
Alabaster-Helena
-5.5%
Bessemer
-15.0%

Housing Supply in Greenwood, AL

How many homes are available in Greenwood, AL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
5388+66.0%

Summary: The Greenwood real estate market had 88 homes for sale in May 2024, a 66.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 1833
+83.3%
4 2542
+68.0%
5+ 810
+25.0%

Summary: The Greenwood housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 83.3%, 4 bedroom homes increased by 68%, and 5+ bedroom homes increased by 25%.

Days on Market for Greenwood, AL

How long does it take to sell a home in Greenwood, AL?

Average Listing Age

Apr 2024May 2024CHANGE
93 Days74 Days-20.6%

Summary: Homes in Greenwood had an average listing age of 74 days in May 2024, down by 20.6% compared to the previous month.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Greenwood, AL

Nearby Markets to Greenwood, AL

What housing markets are near Greenwood, AL?