Greenwood, AR Real Estate
According to census data in the year 2000 there were 2,668 housing units in Greenwood.
This represents a 74.8% growth from 1,526 in 1990.
Of those housing units, 2,311 were located in either urbanized areas or urban clusters, and 357 were located in what is classified as a rural area.
Homeownership rate in Greenwood is about 76.2%.
Greenwood's vacancy rate, including seasonal lodging, is about 5.5%.
Average household size is 2.79 people.
The majority of houses, apartments or condos in Greenwood were built after 1988.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 3.30% |
| Two Bedrooms | 22% |
| Three Bedrooms | 64.80% |
| Four Bedrooms | 7.90% |
| Five Bedrooms or more | 0.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.91 |
| Median year structure was built | 1989 |
| Median Value of occupied units | $75,100 |
| Median Price asked for vacant units | $106,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.44 |
| Median year structure was built | 1986 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.30% |
| Home Equity Loan | 1.10% |
| Simple Mortgage | 79.40% |
| Debt Free | 17.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.1% |
