1 day on Rocket
$3,787 Closing Credit¹
#DESU2081048, Megan Elizabeth Carpenter, Listing Office: RE/MAX Affiliates
Greenwood Housing Market Report February 2025•Sussex County, Delaware
Housing Prices in Greenwood, DE
How much do homes in Greenwood, DE cost?
Housing Market Conditions
Is Greenwood, DE a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Greenwood is a Buyer's Market
Difference Since February 2024
At the same time last year, Greenwood was a Neutral 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
$334,250$211/SqFt
-$10,750
-3.1%
Based on all homes sold in the last 12 months
Insight
Homes in Greenwood have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in Greenwood was $334,250 in February 2025, down 3.1% from last year, and the median price per square foot was $211.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Bridgeville-Greenwood | $334.9K | $342.5K | +2.2% |
| Greenwood | $345K | $334.2K | -3.1% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | $300K | N/A |
| 33 Bedrooms | $310K | $323.7K | +4.4% |
| 44 Bedrooms | $443K | $507.4K | +14.5% |
| 55+ Bedrooms | $422K | $295K | -30.1% |
Summary: Greenwood housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +4.4%. The home price for 4 bedroom homes increased by +14.5%. The home price for 5 bedroom homes decreased by -30.1%.
How does Greenwood, DE compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Greenwood, DE
Housing supply in Greenwood, DE
How many homes are available in Greenwood, DE?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 32Last MonthFeb 2025 | ||
| 322 months agoJan 2025 | 0.0 % Change MoMJan – Feb |
Summary: The Greenwood real estate market had 32 homes for sale in Feb 2025, the same as Jan 2025
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1Last MonthFeb 2025 | ||
| 62 months agoJan 2025 | -83.3 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 1 | 1 | 0.0% |
| 33 Bedrooms | 21 | 21 | 0.0% |
| 44 Bedrooms | 8 | 9 | +12.5% |
| 55+ Bedrooms | 2 | 1 | -50.0% |
Summary: Greenwood housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +12.5%. The inventory for 5 bedroom homes decreased by -50.0%.
Asking Price vs. Sold Price
How much do homes in Greenwood, DE cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price1 Home
Insight
If you're buying a home in Greenwood, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Greenwood in February 2025, down by 83.3% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for Greenwood, DE
How long does it take to sell a home in Greenwood, DE?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days1 Home
Over 90 Days0 Home
Insight
Avg time on Rocket Homes in Greenwood has remained consistent over time.
Summary: During February 2025, 1 homes were sold in Greenwood; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 77 DaysThis YearFeb 2025 | ||
| 136 Days1 year agoFeb 2024 | -43.7 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Greenwood had an average listing age of 77 days in Feb 2025, down by 43.7% compared to the previous year.
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Newest Listings in Greenwood, DE
What homes are available in Greenwood, DE?
$4,520 Closing Credit¹
#DESU2079164, Lisa Whited, Listing Office: Keller Williams Realty
Backup offers
$6,294 Closing Credit¹
#DEKT2034628, Melody Davis, Listing Office: RE/MAX 1st Choice - Middletown
$4,109 Closing Credit¹
#DESU2078592, Lisa Whited, Listing Office: Keller Williams Realty
$2,612 Closing Credit¹
#DESU2077460, Timone Matthews, Listing Office: English Realty
Backup offers
$3,266 Closing Credit¹
#DESU2077574, Russell G Griffin, Listing Office: Keller Williams Realty
$5,290 Closing Credit¹
#DESU2077744, Steven J King, Listing Office: Empower Real Estate, LLC
$4,156 Closing Credit¹
#DESU2077054, Lisa Whited, Listing Office: Keller Williams Realty
#DEKT2030068, Nicholas Campanaro, Listing Office: The Land Group
Backup offers
$4,501 Closing Credit¹
#DESU2076652, SONIA PARKER, Listing Office: Coldwell Banker Realty
$3,977 Closing Credit¹
#DEKT2034090, Maryn J. LeClair, Listing Office: Thyme Real Estate Co LLC
$5,813 Closing Credit¹
#DEKT2034030, Jennifer Scott, Listing Office: Bryan Realty Group
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MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 03/01/2023 - 03/01/2025
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. 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: 3/15/2025, 5:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.