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Greenwood, DE
Full City Profile · Delaware · Caroline County County
3.1
/5.0
B
Good
1,800
Population
2,278/sq mi density
$72,063
Median Income
$31,252 per capita
$230,000
Home Value
$274,452 Zillow
$1,318
Median Rent
22.9% income on rent
55°F
Avg Temperature
293 sunny days/yr
527
Violent Crime/100K
1,670 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$72,063 median income, 0.8% unemployment
A+
Affordability
4.9 / 5.0
$230,000 home value, $1,318/mo rent
F
Safety
1.0 / 5.0
527 violent crimes/100K (39% above avg)
C
Education
2.1 / 5.0
13.8% bachelor's degree or higher
Housing Overview
Median Home Value
$230,000
18% below
US avg: $281,900
Median Rent
$1,318/mo
13% above
US avg: $1,163/mo
Homeownership Rate
43.7%
33% below US avg (65.4%)
Total Housing Units
668
Median year built: 1991
Home Value by Source
Census Median
$230,000
Zillow (ZHVI)
$274,452
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
43.7%
Owner-Occupied
56.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,205/mo
1 Bedroom
$1,250/mo
2 Bedroom
$1,560/mo
3 Bedroom
$1,990/mo
4 Bedroom
$2,293/mo
Census median rent:
$1,318/mo
Affordability & Housing Stock
Rent Burden
22.9%
of renters spending 30%+ of income on housing
26% below US avg (31.0%)
Median Year Built
1991
Average age of housing stock: 35 years
Homeownership Rate
43.7%
Complete Housing Data
Home Values
| Census Median Value | $230,000 |
| Zillow Home Value (ZHVI) | $274,452 |
Rent
| Census Median Rent | $1,318 |
| FMR Studio | $1,205 |
| FMR 1-Bedroom | $1,250 |
| FMR 2-Bedroom | $1,560 |
| FMR 3-Bedroom | $1,990 |
| FMR 4-Bedroom | $2,293 |
Market
Ownership & Stock
| Owner-Occupied | 43.7% |
| Renter-Occupied | 56.3% |
| Homeownership Rate | 43.7% |
| Total Housing Units | 668 |
| Median Year Built | 1991 |
| Rent Burden | 22.9% |