Greenwood, LA housing market
The typical Greenwood home is worth about $253,000, up 10.1% in a year, 17% above the Louisiana typical home.
Home values, sales, trends and how Greenwood compares with the towns next door — updated as new data is published.
Greenwood at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Greenwood | Louisiana |
|---|---|---|
| 2017 | $169,000 | $185,000 |
| 2018 | $164,000 | $186,000 |
| 2019 | $174,000 | $188,000 |
| 2020 | $186,000 | $198,000 |
| 2021 | $195,000 | $208,000 |
| 2022 | $204,000 | $219,000 |
| 2023 | $209,000 | $221,000 |
| 2024 | $213,000 | $215,000 |
| 2025 | $223,000 | $215,000 |
| 2026 | $241,000 | $214,000 |
| August 2026 | $253,000 | $217,000 |
6 new homes permitted in 2025
Builders were permitted 6 new homes in Greenwood in 2025, all single-family houses. That's 1.9 per 1,000 residents, slower than across Louisiana (3.3). Over the past 8 years, Greenwood has permitted 51 homes in all.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 8 | 8 | 0 | $1.6 million |
| 2025 | 6 | 6 | 0 | $945,000 |
| 2024 | 8 | 8 | 0 | $2.4 million |
| 2023 | 6 | 6 | 0 | $1.7 million |
| 2022 | 10 | 10 | 0 | $1.5 million |
| 2021 | 10 | 10 | 0 | $1.8 million |
| 2020 | 11 | 11 | 0 | $1.4 million |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 33 | 33 | 0 | $6.7 million |
| 2005 | 19 | 19 | 0 | $2.8 million |
| 2004 | 18 | 18 | 0 | $3.4 million |
| 2003 | 50 | 50 | 0 | $3.7 million |
| 2002 | 21 | 21 | 0 | $1.2 million |
| 2001 | 6 | 6 | 0 | $615,000 |
| 2000 | 6 | 6 | 0 | $615,000 |
How Greenwood ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Greenwood and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Greenwood | $253K | +10.1% | $1,040 | 6 | $64,063 |
| Shreveport | $148K | +3.9% | $1,080 | 261 | $48,699 |
4 years of income
The typical Greenwood home costs about 4 years of the town's median household income, more than across Louisiana (3.6 years).
How Greenwood ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,040
HUD's Fair Market Rent for a two-bedroom in Greenwood is $1,040 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Greenwood pay a median of $485, so moving in tends to cost more than staying put. A two-bedroom takes about 19% of the town's median household income.
Studio $760 · 4 bedrooms $1,420
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (71033, 71119; Shreveport-Bossier City, LA MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Greenwood
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.