With only 1.3 months of inventory, Greenwood remains a seller's market. Home prices have decreased 11.8% in the past month. At the current pace, all available homes in Greenwood would sell out in just 1.3 months, indicating a continued supply shortage. Homes are taking about 26 days to sell, which is -5 days longer than this time last year. A significant 50.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Greenwood market with the affordability index at 290.7. Based on current market indicators, home prices in Greenwood are projected to decrease by approximately 8.5% over the next month.