The Greatwood housing market is somewhat competitive. The median sale price of a home in Greatwood was $430K last month, down 37.5% since last year. The median sale price per square foot in Greatwood is $170, up 2.7% since last year.
What is the housing market like in Greatwood today?
In May 2025, Greatwood home prices were down 37.5% compared to last year, selling for a median price of $430K. On average, homes in Greatwood sell after 18 days on the market compared to 14 days last year. There were 18 homes sold in May this year, up from 10 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$429,500
-37.5% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Greatwood, TX
$429,500
-37.5%
United States
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How hot is the Greatwood housing market?
Greatwood is somewhat competitive. Homes sell in 22 days.
0
100
69
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 22 days.
Hot homes
can sell for around list price and go pending in around 8 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Greatwood housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Greatwood.
Flood Factor - Moderate
67% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Greatwood has a moderate risk of flooding. 12,781 properties in Greatwood are likely to be
severely affected
by flooding over the next 30 years. This represents 67% of all properties in Greatwood. Flood risk is increasing slower than the national average.
34% of properties are at risk of wildfire over the next 30 years
Fire Factor
Greatwood has a moderate risk of wildfire. There are 15,278 properties in Greatwood that have some risk of being affected by wildfire over the next 30 years. This represents 34% of all properties in Greatwood.
99% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Greatwood has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Greatwood is most at risk from hurricanes. 43,848 properties in Greatwood have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 150 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 161 mph.