Is Greenwood, LA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenwood is a buyer's market

Buyer's
Market

Difference Since December 2023

Since last year, Greenwood has remained a Buyer's Market.

Key Takeaway

Greenwood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Greenwood, LA

How much do homes in Greenwood, LA cost?

Median Sold Price

$276,500

$140/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$54,125(+24.3%)

Key Takeaway

Homes in Greenwood have sold for 24.3% more than they did a year ago.

Summary: The median home sold price in Greenwood was $276,500 in December 2024, up 24.3% from last year, and the median price per square foot was $140.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $84.5K-
N/A
2 $139.4K-
N/A
3 $237.7K$269K
+13.1%
4 $305K$320K
+4.9%
5+ --
N/A

Summary: Greenwood housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 13.1%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Greenwood
+24.3%
Shreveport
0.2%

Housing Supply in Greenwood, LA

How many homes are available in Greenwood, LA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2118-14.3%

Summary: The Greenwood real estate market had 18 homes for sale in December 2024, a 14.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1312
-7.7%
4 53
-40.0%
5+ 11
0.0%

Summary: The Greenwood housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 December 2024, the same as the previous 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, LA

We’re sorry, we don't have information for this market at the moment

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

Report Updated 4 Days Ago

Newest Listings in Greenwood, LA

Nearby Markets to Greenwood, LA

What housing markets are near Greenwood, LA?