Greenwood, MS 38930 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Greenwood, MS—38930

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$89,000

3.0% YoY Growth

Household Income

$35,100

31.8% YoY Growth

Days on Market

108

26.0% Longer YoY

Home Price Forecast

-4.2%

Median Rent

$525

19.9% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$525

0.0% YoY Growth

3-Bed Rent

N/A

Home Price Trends — Greenwood, MS

As of Dec '25, the median home price in Greenwood, MS is $89,000, with a year-over-year change of 3.0%. This indicates that home prices in Greenwood, MS are increasing. According to Zillow, the 1-year price projection is -4.2%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$89,000	3.0%
Single Family	$89,000	2.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Greenwood, MS

As of July '25, Rentcast reports the average rent in Greenwood, MS is $525, with a year-over-year rent change of 19.9%. Per bedroom, the median rent as of July '25 in Greenwood, MS is 2-bedrooms: $525. The most common rental property sizes in Greenwood, MS are 3-bedroom and 2-bedroom, accounting for 39.3% and 32.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$525	$525
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$525	$525
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

0.4%

1 Bedroom

24.0%

2 Bedrooms

32.1%

3 Bedrooms

39.3%

4 Bedrooms

4.1%

Property Listings — Greenwood, MS

As of Dec '25, Realtor.com reports that the median days on market for a home in Greenwood, MS is 87. This is a increase of 20.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 6.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$190,000	50.0%
Listing Count	62	-9.0%
Listings as % of Homes	0.6%	-9.0%
Days on Market	108	26.0%

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Demographics — Greenwood, MS

As of the latest ACS Survey released in 2023, Greenwood, MS has a population of 23,300, which has remained stable by -0.2% over the past 5 years. Greenwood, MS is a popular place for families, as children make up 28.9% of the population. The area has a poorly educated workforce, with 20.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	23,300	-0.2%
% Under 18	28.9%	4.3%
% Seniors	15.7%	7.5%
% WFH	4.2%	61.5%
% w/ College Degree	20.0%	14.3%

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As of the latest ACS Survey released in 2023, Greenwood, MS is a predominantly black area, with 70.3% of the population identifying as black. The black population has shrunk by 2.4% in the last 5 years. The second most common race or ethnicity in Greenwood, MS is white, making up 24.8% of the population. Foreign-born residents account for 1.9% of the population in Greenwood, MS, and this percentage has increased by 111.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	24.8%	-1.2%
% Black	70.3%	-2.4%
% Hispanic	3.4%	183.3%
% Asian	0.7%	-12.5%
% Foreign Born	1.9%	111.1%

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Mortgage and Risk — Greenwood, MS

According to HUD data as of 2023, there were 135 mortgage originations in Greenwood, MS, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Greenwood, MS. Investor activity is low, as 1.0% of loans were by investors. 2.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	135
% Conventional Loans	66.0%
% Government Loans	34.0%
% Investor Loans	1.0%
% Second Loans	1.0%
% Cash Out Refinance	2.0%

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Rentals and Section 8 — Greenwood, MS

Greenwood, MS lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	1,220
Total Units Section 8	759
% Rentals under Section 8	N/A
% Occupied Section 8	87.6%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$710
2 Bedroom	$405	$525	$930
3 Bedroom	N/A	N/A	$1,170
4 Bedroom	N/A	N/A	$1,240

Greenwood, MS—38930

Key Metrics at a Glance

Home Price Trends — Greenwood, MS

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Greenwood, MS

% of Rental Stock

Property Listings — Greenwood, MS

Demographics — Greenwood, MS

Race and Ethnicity

Mortgage and Risk — Greenwood, MS

Mortgages

Rentals and Section 8 — Greenwood, MS

Section 8 Market Size

Section 8 Opportunity

Affordability — Greenwood, MS

Home Price to Income Ratio

Greenwood, MS — ZIP Code Boundary Map

Nearby ZIP Codes

Sidon, MS

North Carrollton, MS

Coila, MS

Schlater, MS

Itta Bena, MS

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.1
Median Home Price	$89,000
Median Household Income	$35,100

Greenwood, MS—38930

Key Metrics at a Glance

Home Price Trends — Greenwood, MS

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Greenwood, MS

% of Rental Stock

Property Listings — Greenwood, MS

Demographics — Greenwood, MS

Race and Ethnicity

Mortgage and Risk — Greenwood, MS

Mortgages

Rentals and Section 8 — Greenwood, MS

Section 8 Market Size

Section 8 Opportunity

Affordability — Greenwood, MS

Home Price to Income Ratio

Greenwood, MS — ZIP Code Boundary Map

Nearby ZIP Codes

Sidon, MS

North Carrollton, MS

Coila, MS

Schlater, MS

Itta Bena, MS

Frequently Asked Questions

What is the average home price in Greenwood, MS 38930?

How have home prices in Greenwood, MS 38930 changed over the past year?

What is the home price projection for Greenwood, MS 38930?

What are the demographics of Greenwood, MS 38930?

How long does it take homes to sell in Greenwood, MS 38930?

What is the average rent price in Greenwood, MS 38930?