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Greenwood housing market, August 2026

Past report · Minneapolis Area REALTORS® Local Market Update · current as of September 8, 2026. See the newest report (September 2026)

  • Median sale price$1.55M−72.5% vs. August 2025
  • Homes sold2+100.0% vs. August 2025
  • Days on market7August 2026
  • Months of supply2.2end of August 2026

The short version

Greenwood in August 2026

In August 2026, 2 homes sold in Greenwood, against 1 in August 2025.

The median sale price was $1,552,500, down 72.5% from a year earlier, and homes spent 7 days on market, with sellers receiving 103.7% of their original list price.

The month ended with 4 homes for sale, 2.2 months of supply (a seller’s market by the usual measure).

Over the 12 months through August 2026, the median was $2,082,500 (down 34.9%) across 12 sales.

Only 2 homes sold here in August 2026, so this month's numbers can swing a lot. The 12-month figures are steadier.

Median sale price by month through August 2026, Greenwood
02500k5000k7500kJul 2025Sep 2025Dec 2025Mar 2026Jun 2026Aug 2026$2,383,500Jul 2025$2,383,500Aug 2025$5,650,000Sep 2025$1,418,049Nov 2025$3,100,000Dec 2025$2,015,000Jan 2026$1,975,000Mar 2026$1,090,000May 2026$3,000,000Jun 2026$2,995,000Jul 2026$3,425,000$1,552,500Aug 2026$1,552,500

Single months can swing when few homes sell.

Show as a table
YearMedian price
Jul 2025$2,383,500
Aug 2025$5,650,000
Sep 2025$1,418,049
Nov 2025$3,100,000
Dec 2025$2,015,000
Jan 2026$1,975,000
Mar 2026$1,090,000
May 2026$3,000,000
Jun 2026$2,995,000
Jul 2026$3,425,000
Aug 2026$1,552,500

All the numbers

Greenwood, August 2026 vs. August 2025

August 202612 months through August 2026
MeasureYear beforeThis yearChangeYear beforeThis yearChange
Median sale price$5,650,000$1,552,500−72.5%$3,197,000$2,082,500−34.9%
Average sale price$5,650,000$1,552,500−72.5%$3,053,400$2,220,091−27.3%
Price per square foot$1,144$509−55.5%$815$742−8.9%
Closed sales12+100.0%512+140.0%
New listings41−75.0%1317+30.8%
Days on market—7—4052+30.0%
% of original list price received100%103.7%+3.7%95.7%101.8%+6.4%
Homes for sale (end of month)440.0%———
Months of supply2.32.2−4.3%———
Twin Cities region, median price$400,000$405,000+1.3%$389,000$395,000+1.5%

Source: Minneapolis Area REALTORS® Local Market Update, Greenwood, August 2026. Data from NorthstarMLS; produced by ShowingTime Plus, LLC; current as of September 8, 2026. Does not account for seller concessions. Activity for one month can sometimes look extreme due to small sample size.

Quick answers

Greenwood in August 2026: questions

What was the median home price in Greenwood, MN in August 2026?

$1,552,500, from 2 sales (down 72.5% from August 2025), according to the Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data). With so few sales, a single month can swing a lot; the 12-month median was $2,082,500.

How many homes sold in Greenwood, MN in August 2026?

2, against 1 in August 2025. 1 new listings came on the market that month.

Was Greenwood a buyer's or seller's market in August 2026?

Greenwood ended August 2026 with 2.2 months of supply (4 homes for sale). Under about 4 months usually favors sellers; over about 6 favors buyers.

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