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Foreclosure Homes in Greenwood, MI

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Greenwood, MI Foreclosures

Current Market Conditions in in Greenwood, MI As of February 2026?
Over the past month, the real estate market in Greenwood has seen a modest increase in activity, with several properties gaining multiple offers. This uptick may suggest a growing interest in the area, possibly enhancing prices slightly. Moreover, listings are being sold faster, indicating a strengthening market mood, particularly among buyers looking for a serene living environment away from urban chaos.
How much do homes sell for in Greenwood, MI?
The average home price is currently $280,301.
In Greenwood, MI, how many homes are available?
There are currently 1 active home listings available in Greenwood.
What’s the average rental cost in Greenwood, MI?
The average rental price in Greenwood is $1,091.
What is the most expensive home in Greenwood?
The most expensive home sold in Greenwood had a price of $984,515.
What is currently the cheapest priced home in Greenwood, MI?
The cheapest home for sale in Greenwood is priced at $15,112.

Living in Greenwood, MI

Greenwood, MI is a charming small town that offers a tranquil lifestyle surrounded by nature. Its friendly community vibe, outdoor recreational options, and essential amenities make it an ideal place for families and individuals seeking peace and connection with nature.

Buyer vs Seller Market in Greenwood, MI

The real estate market in Greenwood has been showing signs of gradual growth, with an increasing number of families looking to move into the area due to its affordable housing and appealing lifestyle. Sales in nearby neighborhoods have been prompting interest in the local market.

Currently, prices in Greenwood have remained stable but are witnessing a slight upward trend as demand rises. Homebuyers are increasingly attracted to the area's natural beauty and community feel, contributing to a more competitive market.

Home Value Estimator For Greenwood, MI

There are currently 503 real estate properties in Greenwood, MI, with a median automated valuation model (AVM) price of $270,451.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Greenwood, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Greenwood, MI, is $280,301.00, with the most expensive house in Greenwood, MI, topping out at $984,515.00 and the cheapest home in Greenwood, MI, clocking in at $15,112.00. In other words, there’s something for every potential homebuyer or savvy investor in Greenwood, MI!

Rent Prices In Greenwood, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Greenwood, MI, is on a rollercoaster ride. The average rent price in Greenwood, MI, is $1,091.00. Indeed, when looking to rent in Greenwood, MI, you can expect to pay as little as $730.00 or as much as $1,630.00, with the average rent median estimated to be $1,090.00. The good news is that finding an affordable and desirable property to rent in Greenwood, MI -- 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.

Greenwood, MI Foreclosures


Market Trend for Greenwood, MI

Total Listings Available: 1

Market Values:

Home Prices from $15,112 to $984,515

Average Sales Price: $280,301

Rental Values:

Rental from $730 to $1,630

Average Rent Value: $1,091 / month

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