Similar to its nearby areas, it's a lot less expensive compared to the entire nation. Compared to the city of Tallahassee, it is a lot less expensive.
Home prices
The median home price in Greenwood is $84,100. This is roughly $2,160 (2%) lower in comparison to the surrounding areas.In comparison to the rest of the nation it is approximately $133,400 (61%) lower, and is approximately $119,700 (58%) lower compared to the city of Tallahassee.
Rents
In Greenwood the median monthly rent is $850. Compared to the surrounding areas it is about $211 (33%) higher.In comparison to the US as a whole it is roughly $212 (19%) lower, and it is roughly $173 (16%) lower in comparison to the city of Tallahassee.
Nearby places
Marianna
Marianna is Greenwood's neighbor to the southwest. Its real estate prices are fairly similar. The median home in Marianna costs $88,200, which is $4,100 (4%) higher than Greenwood. The rent there is significantly less expensive. In Marianna the median monthly rent is $605, which comes out to $245 (40%) lower than Greenwood.
Malone
Malone is approximately 6 miles north of Greenwood. The housing prices there are somewhat more expensive. The median home in Malone is valued at $96,900, which works out to $12,800 (13%) higher than Greenwood. Rents there are a bit less expensive. Malone's median rent is $692 a month, which works out to $158 (22%) lower than Greenwood.
Cottondale
Cottondale is approximately 12 miles southwest of Greenwood. Its real estate prices are a little more expensive. Cottondale's median home cost is $94,600, which works out to $10,500 (11%) higher than Greenwood. Rents there are a little less expensive. The median monthly rent in Cottondale is $659, which comes out to $191 (28%) lower than Greenwood.
Jacob City
Jacob City is about 13 miles west of Greenwood. The housing prices there are a little less expensive. The price of the median home in Jacob City is $72,900, which comes out to $11,200 (15%) lower than Greenwood. Rent there is a lot less expensive. In Jacob City the median monthly rent is $518, which is $332 (64%) lower than Greenwood.
Campbellton
Campbellton is roughly 14 miles northwest from Greenwood. Real estate prices there are a bit less expensive. The median home in Campbellton costs $78,700, which works out to $5,400 (6%) lower than Greenwood. Its rents are somewhat less expensive. Campbellton's median monthly rent is $721, which is $129 (17%) lower than Greenwood.