$2,957 Closing Credit*
$249,000
1,840 SqFt
4 Beds
•2 Full Baths
Listing Office: Cobblestone Homes Real Estate
Is Greenwood, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Greenwood has remained a Seller's Market.
Key Takeaway
Greenwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Greenwood, AR
How much do homes in Greenwood, AR cost?
Median Sold Price
$212,000
$156/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$42,070(-16.6%)
Key Takeaway
Homes in Greenwood have sold for 16.6% less than they did a month ago.
Summary: The median home sold price in Greenwood was $212,000 in November 2024, down 16.6% from last month, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $209.1K | $212K | +1.4% |
| 4 Bedrooms | $299K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Greenwood housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 1.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Greenwood | $254K | $212K | -16.6% |
| Center Township | $254K | $212K | -16.6% |
Housing Supply in Greenwood, AR
How many homes are available in Greenwood, AR?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Summary: The Greenwood real estate market had 4 homes for sale in November 2024, a 20.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Greenwood housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Greenwood, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Greenwood in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Greenwood, AR
How long does it take to sell a home in Greenwood, AR?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 177 Days | 109 Days | -38.4% |
Summary: Homes in Greenwood had an average of 109 days on market in Nov 2024, down by 38.4% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Greenwood are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 1 homes were sold in Greenwood; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2024 Northwest Arkansas Board of Realtors All rights reserved.