Greenwood Real Estate

History

Greenwood, Minnesota, has a rich history that dates back to the mid-19th century. The area was originally settled by European immigrants, primarily of German and Irish descent, who were attracted to the region's fertile land. The city was officially incorporated in 1956. Greenwood started as an agricultural community, with farming and dairy as the main economic activities. Over time, it evolved into a residential community while preserving its rural charm and scenic beauty.

Demographics

Greenwood is a small, tight-knit community located in Hennepin County, Minnesota. As of the latest available data, the estimated population of Greenwood is approximately 725. The city attracts a diverse population, with a mix of ethnicities, including White, Asian, and Hispanic residents. The median household income in Greenwood is above the national average, reflecting a relatively affluent community. According to recent data, the median household income in Greenwood is approximately $100,000. The median age of the population in Greenwood is approximately 48 years.

Parks and Recreation

Greenwood offers a serene and picturesque environment, with several parks and recreational opportunities. The city is surrounded by natural beauty, including lush forests, rolling hills, and scenic lakes. Residents can enjoy outdoor activities such as hiking, biking, and fishing. Greenwood is also in close proximity to several regional parks and nature reserves, providing additional opportunities for nature exploration and recreational activities.

Schools and Health

Greenwood is part of the highly regarded Minnetonka School District, which provides excellent educational opportunities for students. The district is known for its commitment to academic excellence and comprehensive student support. Students in Greenwood have access to quality education and a range of extracurricular activities.

The city of Greenwood is served by nearby healthcare facilities and services. Residents have access to reputable medical clinics, hospitals, and specialized healthcare providers in the surrounding area, ensuring their healthcare needs are met.

Most Popular

21735 Fairview Street

$3,195,000

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Most Expensive

21735 Fairview Street

$3,195,000

Save View Details Similar Properties
Keller Williams Premier Realty Lake Minnetonka
Least Expensive

21735 Fairview Street

$3195000

Save View Details Similar Properties
Keller Williams Premier Realty Lake Minnetonka

Greenwood Listings Summary

Greenwood - Town vs. County Stats

Avg Price in Greenwood: $3,195,000 / County Avg $763,800

418%

Avg Taxes in Greenwood: $300 / County Avg $8,300

4%

Avg Sq. Ft. in Greenwood: 5,909 / County Avg 2,429

243%

Avg Price per/sqft in Greenwood:$541 / County Avg $314

172%

Avg Year Built in Greenwood: 2015 / County Avg 1974

102%

Avg Days on Website in Greenwood: 14 / County Avg 68

21%

Greenwood Real Estate Market Health

New Listings
Reductions
Foreclosures
Short Sales