Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 6,088 people, 2,191 houses or apartments, and a median cost of homes of $349,854, Greenwood real estate is some of the most expensive in Missouri, although Greenwood home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Greenwood, accounting for 97.31% of the city's housing units. Other types of housing that are prevalent in Greenwood include mobile homes or trailers ( 1.46%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Greenwood. Owner-occupied housing accounts for 88.63% of Greenwood's homes, and 92.29% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Greenwood built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Greenwood built between 2000 and later ( 27.89%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.80%). There's also some housing in Greenwood built before 1939 ( 1.69%).
Appreciation rates for homes in Greenwood have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 107.51%, which ranks in the top 30% nationwide. This equates to an annual average Greenwood house appreciation rate of 7.57%.
NeighborhoodScout's data show that during the latest twelve months, Greenwood's appreciation rate, at 6.31%, has been at or slightly above the national average. In the latest quarter, Greenwood's appreciation rate has been -0.75%, which annualizes to a rate of -2.96%.
Notably, Greenwood's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Missouri, our data show that Greenwood's latest annual appreciation rate is lower than 80% of the other cities and towns in Missouri.
$349,854
for Missouri
for nation
2,191
$2,519 / per month