New - 3 hours on Rocket
$7,232 Closing Credit¹
#21410128, Gay Chambers, Listing Office: Keller Williams Realty Hoover
Greenwood Housing Market Report January 2025•Jefferson County, Alabama
Housing Prices in Greenwood, AL
How much do homes in Greenwood, AL cost?
Housing Market Conditions
Is Greenwood, AL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Greenwood is a Buyer's Market
Difference Since December 2024
Last month, Greenwood was a Seller's Market.
Insight
Greenwood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$321,250$140/SqFt
-$3,750
-1.2%
Based on all homes sold in January 2025
Insight
Homes in Greenwood have sold for 1.2% less than they did a month ago.
Summary: The median home sold price in Greenwood was $321,250 in January 2025, down 1.2% from last month, and the median price per square foot was $140.
Median Sold Price By Cities
| City | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Helena | $286.5K | $324.9K | +13.4% |
| Bessemer | $172.5K | $177.2K | +2.8% |
| Greenwood | $325K | $321.2K | -1.2% |
| Alabaster-Helena | $347.5K | $330K | -5.0% |
| Hoover | $450K | $399.9K | -11.1% |
Median Sold Price By Bedrooms
| Beds | Dec 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $225K | $141K | -37.3% |
| 33 Bedrooms | $295K | $270K | -8.5% |
| 44 Bedrooms | $418.5K | $351.9K | -15.9% |
| 55+ Bedrooms | $524.5K | $415.7K | -20.7% |
Summary: Greenwood housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -37.3%. The home price for 3 bedroom homes decreased by -8.5%. The home price for 4 bedroom homes decreased by -15.9%. The home price for 5 bedroom homes decreased by -20.7%.
Housing supply in Greenwood, AL
How many homes are available in Greenwood, AL?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 154Last MonthJan 2025 | ||
| 1562 months agoDec 2024 | -1.3 % Change MoMDec – Jan |
Summary: The Greenwood real estate market had 154 homes for sale in Jan 2025, a 1.3 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 20Last MonthJan 2025 | ||
| 292 months agoDec 2024 | -31.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 11 | 10 | -9.1% |
| 33 Bedrooms | 64 | 60 | -6.3% |
| 44 Bedrooms | 61 | 65 | +6.6% |
| 55+ Bedrooms | 20 | 19 | -5.0% |
Summary: Greenwood housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -9.1%. The inventory for 3 bedroom homes decreased by -6.3%. The inventory for 4 bedroom homes increased by +6.6%. The inventory for 5 bedroom homes decreased by -5.0%.
Asking Price vs. Sold Price
How much do homes in Greenwood, AL cost?
Over Asking Price0 Home
At Asking Price7 Homes
Under Asking Price13 Homes
Insight
If you're buying a home in Greenwood, you may be able to get a good deal. 65% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Greenwood in January 2025, down by 31.0% month-over-month. Of the 20 sold homes, 65% were sold under asking, 35% were sold at asking, and and 0% were sold over asking.
Days on Market for Greenwood, AL
How long does it take to sell a home in Greenwood, AL?
Breakdown of Home Sale Times
Under 30 Days5 Homes
30 – 90 Days6 Homes
Over 90 Days9 Homes
Insight
Most homes in Greenwood are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During January 2025, 20 homes were sold in Greenwood; 25% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 45% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 75 DaysLast MonthJan 2025 | ||
| 51 Days1 month agoDec 2024 | +46.8 % Change MoMDec – Jan |
Summary: Homes in Greenwood had an average listing age of 75 days in Jan 2025, up by 46.8% compared to the previous month.
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Newest Listings in Greenwood, AL
What homes are available in Greenwood, AL?
New - 1 day on RocketVideo tour
#21410018, Jada Barker, Listing Office: Keller Williams Realty Vestavia
New - 1 day on RocketVideo tour
$3,800 Closing Credit¹
#21410008, Nakia Walker, Listing Office: Opendoor Brokerage LLC
New - 3 days on RocketVideo tour
#21409715, Daniel Demers, Listing Office: Sell Your Home Services
New - 4 days on RocketBackup offersVideo tour
$3,799 Closing Credit¹
#21409650, Lannette Thomas, Listing Office: RealtySouth-OTM-Acton Rd
New - 5 days on RocketVideo tour
#21409610, Michelle Tew, Listing Office: RealtySouth-I459 Southwest
New - 7 days on RocketBackup offersVideo tour
$3,205 Closing Credit¹
#21409442, Mary Martin Brown, Listing Office: Keller Williams Homewood
New - 7 days on RocketVideo tour
$3,444 Closing Credit¹
#21409439, Pam Carpri, Listing Office: ARC Realty - Hoover
Video tour
$4,560 Closing Credit¹
#21409341, Daniel Demers, Listing Office: Sell Your Home Services
Video tour
#21409331, Daniel Worthington, Listing Office: ARC Realty 280
Backup offersVideo tour
$5,046 Closing Credit¹
#21409311, Melanie Siow, Listing Office: RealtySouth-Shelby Office
3D tour
$4,036 Closing Credit¹
#21409304, Mellanie Wright, Listing Office: DHI Realty of Alabama
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MLS Disclaimers and Copyright
Based on information from Greater Alabama MLS, and West Alabama Multiple Listing Service for the period 12/01/2024 - 02/01/2025
The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Greater Alabama Multiple Listing Service, Inc. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS. There is no express or implied warranty by MLS of the accuracy of information which should be independently verified. The Greater Alabama Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Copyright© 2025 Greater Alabama Multiple Listing Service, Inc. All Rights Reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 3:21:10 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information is provided by West Alabama Multiple Listing Service, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 West Alabama Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 3:15:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 3:15:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.