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Median Home Price in Greenwood, AR

The median home value in Greenwood, AR is $242,295 as of 2026-07-31, up 4.92% from a year earlier.

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Median Home Value

$242,295

Year-over-Year

+4.92%

Population

9,721

Greenwood ranks #22 of 64 Arkansas cities tracked here by median home value, and sits 12.1% above the state's city median of $216,192. It sits in Sebastian County, where the county-wide median is $204,518.

Housing affordability in Greenwood

Median household income in Greenwood is $66,844, so the typical home value is about 3.6× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in Greenwood

Greenwood police recorded a violent crime rate of 216 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 329 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Greenwood

What is the average home price in Greenwood, AR?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Greenwood, that value is $242,295. That's up 4.92% from a year earlier. It is about 12.1% above the typical Arkansas city tracked here.

Is Greenwood expensive compared to the surrounding area?

Homes in Greenwood are more expensive than Sebastian County as a whole, where the median is $204,518 — a difference of about 18.5%.

Is Greenwood affordable?

Median household income here is $66,844, so the typical home value is about 3.6× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is Greenwood a safe place to live?

Greenwood police reported 216 violent crimes per 100,000 residents, covering a population of about 9,721. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.