Greenwood

The median sale price in Greenwood is $1.3M. Condos sit at a median of $1.3M and co-ops at $1.3M.

No. The median sale price in Greenwood is currently 61.4% below the 5-year high recorded in November 2024. That gap can favor buyers searching for value relative to the neighborhood's past peak.

Sale listings in Greenwood have a median of 60 days on market. That is 89 days faster than the same point a year ago. Only 8.5% of active listings have a price cut on record, signaling tight pricing.

Greenwood is broadly balanced right now, with median days on market at 60 days and 8.5% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.

Greenwood offers both co-ops and condos. The two segments price similarly, with condos at a $1.3M median and co-ops at $1.3M.

Roughly 3 homes change hands each month in Greenwood across condos, co-ops, and townhouses, based on recorded closed sales. That benchmark helps gauge how quickly the market is absorbing new inventory.

The overall median asking rent in Greenwood is $3,825/month. Rents are up 4.1% year over year.

Yes. The median asking rent in Greenwood is currently at the 5-year high. Tenants searching the neighborhood right now are competing in a market priced at peak.

Median asking rent in Greenwood has risen 66.3% over the past 5 years. That puts the neighborhood in context with longer-term NYC rent dynamics rather than just one-year noise.

Within walking or short-transit distance of Greenwood, median sale prices range across Windsor Terrace at $1.1M, Prospect Park South at $850K, Sunset Park at $670K, Kensington at $525K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.

Greenwood is served by the Bus service. The commute to Midtown Manhattan runs roughly 106 minutes from Nearest bus stop.

Under the FARE Act in effect since August 2024, NYC landlords who engage a broker pay the broker fee directly rather than passing it to tenants. In neighborhoods like Greenwood, this has shifted some smaller landlords toward self-listing, which has tightened the supply of agent-listed rentals citywide and lifted competition for what remains on market.

Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals. Direct: (917) 416-7433. Email: milton@miltoncoste.com.