The Greenwood-Elmhurst housing market is somewhat competitive. The median sale price of a home in Greenwood-Elmhurst was $280K last month, up 7.7% since last year. The median sale price per square foot in Greenwood-Elmhurst is $169, down 5.8% since last year.
What is the housing market like in Greenwood-Elmhurst today?
In October 2024, Greenwood-Elmhurst home prices were up 7.7% compared to last year, selling for a median price of $280K. On average, homes in Greenwood-Elmhurst sell after 21 days on the market compared to 17 days last year. There were 10 homes sold in October this year, up from 3 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$280,000
+7.7% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Greenwood-Elmhurst, VA
$280,000
+7.7%
United States
To compare other locations to the Greenwood-Elmhurst and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Norfolk add value to a home.
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How hot is the Greenwood-Elmhurst housing market?
Greenwood-Elmhurst is somewhat competitive. Homes sell in 27 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 9 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 27 days.
Hot homes
can sell for about 2% above list price and go pending in around 16 days.
Learn about schools in the Greenwood-Elmhurst area
Elementary
Middle
High
GreatSchools Rating
3/10
Sherwood Forest Elementary School
Public • PreK-5
451
Students
8 reviews
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 Greenwood-Elmhurst housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Greenwood-Elmhurst.
Flood Factor - Minor
60% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Greenwood-Elmhurst has a minor risk of flooding. 62 properties in Greenwood-Elmhurst are likely to be
severely affected
by flooding over the next 30 years. This represents 60% of all properties in Greenwood-Elmhurst. Flood risk is increasing faster than the national average.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
Greenwood-Elmhurst has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Greenwood-Elmhurst is most at risk from hurricanes. 818 properties in Greenwood-Elmhurst 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 123 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 136 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Greenwood-Elmhurst has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Greenwood-Elmhurst have an Extreme Heat Factor®.
Greenwood-Elmhurst is expected to see a 128% increase in the number of days over 105ºF over the next 30 years. Greenwood-Elmhurst is expected to experience 7