Foreclosure Homes in Greenwood, DE 19950

Buyer vs Seller Market in Greenwood, DE

The real estate market in Greenwood has been steadily growing, with an increasing demand for both single-family homes and land for development. This has led to a rise in home prices, although they remain relatively affordable compared to larger nearby towns.

Investors and homebuyers are recognizing the value of living in Greenwood due to its low property taxes and the charm of a small-town atmosphere. As more amenities develop, the market is likely to continue attracting new residents.

Rent Prices In Greenwood, DE

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Greenwood, DE, is on a rollercoaster ride. The average rent price in Greenwood, DE, is $1,436.00. Indeed, when looking to rent in Greenwood, DE, you can expect to pay as little as $830.00 or as much as $2,290.00, with the average rent median estimated to be $1,420.00. The good news is that finding an affordable and desirable property to rent in Greenwood, DE -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.