Home prices
The median home in Greenwood costs $933,100. Compared to its nearby areas this is approximately $381,200 (69%) higher.It is approximately $715,600 (329%) higher compared to the United States as a whole, and it is roughly $681,500 (270%) higher in comparison to the city of Minneapolis.
Rents
Greenwood's median monthly rent is $1,400. Compared to other places in this area this is approximately $110 (7%) lower.Compared to the US as a whole it is about $338 (31%) higher, and in comparison to the city of Minneapolis it is roughly $373 (36%) higher.
Nearby places
Excelsior
Excelsior is Greenwood's neighbor to the southwest. Its housing prices are a lot less expensive. The median home in Excelsior is valued at $617,100, which works out to $316,000 (51%) lower than Greenwood. Rents there are substantially less expensive. Excelsior's median rent is $949 a month, which works out to $451 (47%) lower than Greenwood.
Shorewood
Shorewood is Greenwood's neighbor to the west. Housing prices there are significantly less expensive. Shorewood's median home price is $485,300, which comes out to $447,800 (92%) lower than Greenwood. Rents there are somewhat more expensive. The median monthly rent in Shorewood is $1,639, which works out to $239 (14%) higher than Greenwood.
Deephaven
Deephaven is Greenwood's neighbor to the northeast. Housing prices there are substantially less expensive. The cost of the median home in Deephaven is $570,700, which works out to $362,400 (63%) lower than Greenwood. Rents there are significantly more expensive. Deephaven's median monthly rent is $2,219, which is $819 (36%) higher than Greenwood.
Tonka Bay
Tonka Bay is roughly 1 mile west of Greenwood. Its housing prices are substantially less expensive. Tonka Bay's median home price is $661,400, which comes out to $271,700 (41%) lower than Greenwood. Rent there is somewhat more expensive. In Tonka Bay the median rent is $1,667 per month, which is $267 (16%) higher than Greenwood.
Spring Park
Spring Park is about 3 miles northwest of Greenwood. Its real estate prices are substantially less expensive. Spring Park's median home price is $425,000, which is $508,100 (119%) lower than Greenwood. The rent there is somewhat less expensive. In Spring Park the median monthly rent is $1,075, which works out to $325 (30%) lower than Greenwood.