All Countries
Greenwood, MN
Full City Profile · Minnesota · Carver County County
4.1
/5.0
A
Great
720
Population
2,000/sq mi density
$199,063
Median Income
$149,436 per capita
$1,041,700
Home Value
$1,605,732 Zillow
$1,917
Median Rent
45.7% income on rent
45°F
Avg Temperature
270 sunny days/yr
A
Overall
4.1 / 5.0
Strong
A+
Economy
5.0 / 5.0
$199,063 median income, 2.0% unemployment
B+
Affordability
3.7 / 5.0
$1,041,700 home value, $1,917/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
5.0 / 5.0
79.5% bachelor's degree or higher
Housing Overview
Median Home Value
$1,041,700
270% above
US avg: $281,900
Median Rent
$1,917/mo
65% above
US avg: $1,163/mo
Homeownership Rate
90.0%
38% above US avg (65.4%)
Total Housing Units
335
Median year built: 1988
Home Value by Source
Census Median
$1,041,700
Zillow (ZHVI)
$1,605,732
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
90.0%
Owner-Occupied
10.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$1,917/mo
Affordability & Housing Stock
Rent Burden
45.7%
of renters spending 30%+ of income on housing
47% above US avg (31.0%)
Median Year Built
1988
Average age of housing stock: 38 years
Homeownership Rate
90.0%
Complete Housing Data
Home Values
| Census Median Value | $1,041,700 |
| Zillow Home Value (ZHVI) | $1,605,732 |
Rent
| Census Median Rent | $1,917 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
Ownership & Stock
| Owner-Occupied | 90.0% |
| Renter-Occupied | 10.0% |
| Homeownership Rate | 90.0% |
| Total Housing Units | 335 |
| Median Year Built | 1988 |
| Rent Burden | 45.7% |