Is Greenwood, LA 71033 a buyer’s or seller’s market?

The Greenwood housing market right now

In the three months ending August 31, 2026, 13% of homes in Greenwood, LA 71033 sold above their list price, the typical home went under contract in 48 days and there were 6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 8 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 9%, homes sold faster (75 days then) and the median sale price fell 41% to $159,931. Overall, Greenwood is more competitive than a year ago, so tougher for buyers.

Within Caddo Parish, homes here sell faster than in 73% of the county’s ZIP codes, and sell more often over asking than in 77%.

Nearby, buyers who want less competition could look at Vivian 71082 (0% sold over asking) or Rodessa 71069 (0% sold over asking), while Mooringsport 71060 (60% sold over asking) and Shreveport 71118 (23% sold over asking) are even more competitive.