Greenwood
Solid value in a growing area
3 homes for sale·Median $316K·Schools 3.3/10
People expect Greenwood Township to be a quiet backwater—and they're right, but that's precisely the point. This is acreage country, where three-bedroom homes sit on parcels measured in double digits, workshop barns dot the landscape, and a two-mile stretch to the grocery store feels like a feature, not a drawback. Lake Michigan runs the western edge, close enough that waterfront properties command views and access to fishing and kayaking. The roads are rural and deliberate. There's a park adjacent to the area, and coffee shops exist about three miles inland if you're willing to make the drive.
Why people love it here
$49K median household income
- $316K median · 9 sales in last 12mo
Mortgage Calculator
Median home price in Greenwood
Estimated Monthly Payment
$2,147/mo
The interest rate shown is not an annual percentage rate (APR). Rate displayed is the current average 30-year fixed rate from the Freddie Mac Primary Mortgage Market Survey and is subject to change without notice. This is not a commitment to lend or an offer of credit. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.
Guild Mortgage NMLS #3274. Equal Housing Lender. NMLS Consumer Access
9 homes sold in Greenwood this year. Thinking of selling?
See what your home is worthBased on 3 rated schools nearby
Range: 3/10 to 4/10
School District: Hesperia Community Schools
Most of Greenwood is policed by the Oceana County Sheriff's Office. Across that jurisdiction in 2024, the most common reported offenses were larceny / theft (470 per 100,000 residents) and aggravated assault (180 per 100,000 residents), per FBI Uniform Crime Reporting.
For perspective, homicide — the most serious crime — was reported at about 0.005% of the population, roughly 1 in 20,000 residents.
| Offense type | Per 100k residents |
|---|---|
| Larceny / theft | 470 |
| Aggravated assault | 180 |
| Burglary | 119 |
| Motor-vehicle theft | 76 |
| Rape | 71 |
| Robbery | 9 |
| Homicide | 5 |
| Arson | 0 |
Reported offenses per 100,000 residents, Oceana County Sheriff's Office, FBI Uniform Crime Reporting (2024). Figures cover the Oceana County Sheriff's Office's full jurisdiction (the county's unincorporated areas), not Greenwood alone. Crime is reported at the jurisdiction level and varies block to block within any community.
To buy a median-priced Greenwood home (around $316,315) at today's 6.43% 30-year fixed rate with 20% down, you'd need roughly $50k/year in household income to qualify — an estimated monthly payment of $1,873 (principal, interest, property tax, and insurance).
The typical Greenwood household earns $48,989 — about $950 below what the median home requires, which is why many local buyers look below $316,315 or put more down. At that income, a buyer can afford roughly $310,000 with 20% down.
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $1,873/mo | $49,939 |
| 10% (+PMI) | $2,190/mo | $58,395 |
| 5% (+PMI) | $2,296/mo | $61,217 |
Estimates use a 6.43% 30-year fixed rate (current Freddie Mac average), an aggressive ~45% housing-to-income ratio (roughly what FHA underwriting can allow for a buyer with no other monthly debts — your number depends on your debts and credit), this area's median sale price and median property taxes, plus estimated insurance and PMI below 20% down. Not an APR or a commitment to lend — your actual rate and payment will vary.
Land for sale
Listings
2 parcels
Active / pending
Typical Land Value
$6K/acre
Median asking
Median Price
$59K
Per listing
Who actually lends in Greenwood, and how homes here are financed — from 2024 federal mortgage records.
Loans to buy a home
Most active lenders
Source: 2024 HMDA (CFPB/FFIEC). Neighborhood figures are area-weighted estimates from census-tract data; loan amounts are rounded and all-cash purchases are excluded.
Local Government
Greenwood Township
unconfirmed
Association and local-government details are compiled from public records, municipal sites, and state registries, and can change. Confirm directly with the association or municipality before relying on them.
Private well
Rural township; individual wells
Septic - individual
No municipal sewer; individual septic
Resident-arranged private hauler; Oceana County transfer/recycling
No municipal collection; county transfer/recycling available
No piped natural gas (propane/LP)
Rural; typically propane
Confirm by addressArea fire department (via Mason-Oceana 911)
Rural fire coverage dispatched through county
Source: oceana.mi.us
Utility, solar, and service details for Greenwood are compiled from public records, municipal sites, and NREL / U.S. data.gov, and can change. Electric/gas can vary by address — confirm with the provider before relying on them.
Median Income
$49K
Home Value (Census)
$160K
Flood Risk
None
Not in flood zone
Nearest Park
Unnamed park
1.5 mi
Parks Nearby
0
within 1 mile
Frequently asked about Greenwood
- What do homes cost in Greenwood?
- The median home value in Greenwood is about $316,315. Individual prices vary by street, size, and condition.
- How active is the Greenwood housing market?
- there are 3 homes for sale in Greenwood right now, and 9 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Greenwood?
- Greenwood is served by Hesperia Community Schools. Its highest-rated assigned school is Holton Elementary School (4/10).
