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Compare cities · September 2026

Greenwood vs. Minneapolis

Homes in Greenwood sold for a median $3,000,000 over the 12 months through September 2026, 749% more than in Minneapolis ($353,500). Homes sold faster in Minneapolis: 54 days on market on average, against 56 in Greenwood. Greenwood's homes are newer, with a median year built of 1984 against 1951. Minneapolis is closer to downtown Minneapolis: about 5 minutes by car, against 28. The two are about 14 miles apart.

Hennepin County

Greenwood

$3,000,000median sale price

Hennepin County

Minneapolis

$353,500median sale price

Housing market, 12 months through September 2026

MeasureGreenwoodMinneapolis
Median sale price$3,000,000$353,500
Change from a year earlier+39.5%+2.5%
Homes sold134,031
Days on market5654
Share of original list price98.2%98.7%
Price per square foot$727$255
New listings205,963
Homes for sale (September 2026)31,136
Months of supply (September 2026)1.43.4

Source: Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).

The homes

MeasureGreenwoodMinneapolis
Median home value (owner estimate)$1,240,400$362,200
Median year built19841951
Single-family homesShare of all housing units, detached houses85%44%
Owner-occupied homes90%48%
Median rent$1,885$1,371

Source: US Census Bureau, American Community Survey 2020–2024.

The place

MeasureGreenwoodMinneapolis
Population (2024)713428,579
Land area0.4 sq mi54 sq mi
Drive to Downtown Minneapolis28 min5 min
Drive to Downtown Saint Paul41 min15 min
Drive to MSP Airport33 min18 min
Drive to Mall of America29 min19 min
Drive to University of Minnesota32 min6 min
Average commute to work27.2 min22 min
Lakes of 10+ acresMinnesota DNR lake outlines touching the city211

Source: US Census Bureau 2024 estimates and TIGER/Line; drive times from OpenStreetMap routing (light traffic).

Greenwood

School districts: Minnetonka Public School District

Largest lakes: Lake Minnetonka (14,206 acres), Lake William (16 acres)

Minneapolis

School districts: Minneapolis Public School District

Largest lakes: Bde Maka Ska (424 acres), Lake Harriet (341 acres), Lake Nokomis (201 acres), Cedar Lake (164 acres), Lake of Isles (114 acres)

How we compare places: by their homes, housing market and location only, from public sources, never by who lives there. Medians describe the middle home; both places have homes well above and below them.

Quick answers

Greenwood or Minneapolis?

Is Greenwood or Minneapolis more expensive?

Greenwood. The median sale price was $3,000,000 there and $353,500 in Minneapolis over the 12 months through September 2026, according to the Minneapolis Area REALTORS® Local Market Update. The median is the middle sale, so both have homes well above and below it.

Where do homes sell faster, Greenwood or Minneapolis?

Minneapolis: 54 days on market on average against 56, over the 12 months through September 2026.

Which is closer to downtown Minneapolis?

Minneapolis, about 5 minutes by car in light traffic (28 from Greenwood). To downtown Saint Paul: 41 minutes from Greenwood, 15 from Minneapolis.

How far apart are Greenwood and Minneapolis?

About 14 miles in a straight line between their centers.

Which has more lakes, Greenwood or Minneapolis?

Minneapolis has more: 2 lakes of 10+ acres touch Greenwood (largest: Lake Minnetonka) and 11 touch Minneapolis (largest: Bde Maka Ska), by Minnesota DNR lake outlines.

Which school districts serve Greenwood and Minneapolis?

Greenwood: Minnetonka Public School District. Minneapolis: Minneapolis Public School District. School district lines don't follow city lines, so check the district for a specific address before you buy.

Should I buy in Greenwood or Minneapolis?

It depends on your budget, the kind of home you want and where you need to get to each day. This page compares the homes, prices and locations; a Huerkamp Home Group agent can show you homes in both and walk you through what's selling now.

Deciding between them?

See homes in Greenwood and Minneapolis.

A Huerkamp Home Group agent can show you homes in both, tell you what's selling and for how much right now, and help you decide. There's no cost to buyers.

(612) 843-9620

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