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Preforeclosure Homes in Greenwood, MN

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Greenwood, MN Foreclosures

How much do homes sell for in Greenwood, MN?
The average home price is currently $1,966,561.
In Greenwood, MN, how many homes are available?
There are currently 2 active home listings available in Greenwood.
What’s the average rental cost in Greenwood, MN?
The average rental price in Greenwood is $2,806.
What is the most expensive home in Greenwood?
The most expensive home sold in Greenwood had a price of $11,408,239.
What is currently the cheapest priced home in Greenwood, MN?
The cheapest home for sale in Greenwood is priced at $197,458.

Living in Greenwood, MN

Greenwood, MN, is a picturesque small city on the shores of Lake Minnetonka, offering a peaceful lifestyle surrounded by nature. Residents enjoy a variety of outdoor activities, quality schools, and a close-knit community atmosphere. Its location provides easy access to urban amenities while maintaining a tranquil setting.

Current Market Conditions in Greenwood, MN

The current real estate market in Greenwood is competitive but stable, with demand for waterfront properties leading the market growth. Homes here tend to hold their value well due to the desirable location near Lake Minnetonka, which offers recreational opportunities and scenic views.

A notable trend is the increasing interest in renovation and modernized homes, as many buyers are looking to invest in properties that can be updated to suit contemporary tastes while still enjoying the charm of this quaint community.

Home Value Estimator For Greenwood, MN

There are currently 269 real estate properties in Greenwood, MN, with a median automated valuation model (AVM) price of $1,682,501.00. 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, MN, 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, MN, is $1,966,561.00, with the most expensive house in Greenwood, MN, topping out at $11,408,239.00 and the cheapest home in Greenwood, MN, clocking in at $197,458.00. In other words, there’s something for every potential homebuyer or savvy investor in Greenwood, MN!

Rent Prices In Greenwood, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Greenwood, MN, is on a rollercoaster ride. The average rent price in Greenwood, MN, is $2,806.00. Indeed, when looking to rent in Greenwood, MN, you can expect to pay as little as $1,240.00 or as much as $3,720.00, with the average rent median estimated to be $2,660.00. The good news is that finding an affordable and desirable property to rent in Greenwood, MN -- 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, MN Preforeclosure Homes


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