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Greenwood, AR

Full City Profile · Arkansas · Sebastian County County

3.4 /5.0
B Good
9,570 Population 836/sq mi density
$65,745 Median Income $36,129 per capita
$177,300 Home Value $235,784 Zillow
$824 Median Rent 24.7% income on rent
62°F Avg Temperature 310 sunny days/yr
244 Violent Crime/100K 382 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$65,745 median income, 1.8% unemployment
A+
Affordability
5.0 / 5.0
$177,300 home value, $824/mo rent
F
Safety
1.0 / 5.0
244 violent crimes/100K
B
Education
3.3 / 5.0
28.3% bachelor's degree or higher

Housing Overview

Median Home Value
$177,300
37% below
US avg: $281,900
Median Rent
$824/mo
29% below
US avg: $1,163/mo
Homeownership Rate
71.6%
9% above US avg (65.4%)
Total Housing Units
4,249
Median year built: 1995

Home Value by Source

Census Median
$177,300
Zillow (ZHVI)
$235,784
Median Sale Price
$212,500
Median List Price
$229,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

71.6%
Owner-Occupied
28.4%
Renter-Occupied
72%
28%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$700/mo
1 Bedroom
$751/mo
2 Bedroom
$944/mo
3 Bedroom
$1,239/mo
4 Bedroom
$1,406/mo
Census median rent: $824/mo

Market Indicators (Redfin)

Median Days on Market
98 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
26.2%
of listings with price reduction
Price Per Sq Ft
$143
Active Inventory
42
homes for sale

Affordability & Housing Stock

Rent Burden
24.7%
of renters spending 30%+ of income on housing
20% below US avg (31.0%)
Median Year Built
1995
Average age of housing stock: 31 years
Homeownership Rate
71.6%

Complete Housing Data

Home Values

Census Median Value$177,300
Zillow Home Value (ZHVI)$235,784
Median Sale Price$212,500
Median List Price$229,000
Price Per Sq Ft$143

Rent

Census Median Rent$824
FMR Studio$700
FMR 1-Bedroom$751
FMR 2-Bedroom$944
FMR 3-Bedroom$1,239
FMR 4-Bedroom$1,406

Market

Days on Market98
Sale-to-List Ratio1.0%
Price Drops26.2%
Homes Sold8
Active Inventory42
Price Per Sq Ft$143

Ownership & Stock

Owner-Occupied71.6%
Renter-Occupied28.4%
Homeownership Rate71.6%
Total Housing Units4,249
Median Year Built1995
Rent Burden24.7%