Why Live in Greenwood
Greenwood, a neighborhood in Newport News, Virginia, is located about fifty miles west of Virginia Beach via Interstate 64. This area includes municipal parkland, industrial zones, and residential sections, with homes primarily featuring two-story suburban colonial revival styles, along with some modern split-level and ranch-style houses. The neighborhood's compact residential areas are known for their suburban feel and unique restaurants, such as Mystic Jamaica, famous for its jerk wings and oxtail. While shopping and dining options are limited within Greenwood, residents can find more choices on the neighborhood's west and east ends, including a Food Lion on Warwick Boulevard for groceries.
Greenwood is home to Newport News Park, the largest municipal park in the southeast United States, offering a variety of activities such as ballparks, picnic areas, kayak and boat rentals, and extensive trails. The park also hosts major annual events like the Fall Festival, the Newport News Celebration of Lights, and the Children’s Festival of Friends.
For families, Woodside High School is a highly rated educational institution serving the area. Compared to the national average, Greenwood is among the Newport News neighborhoods with fewer crimes. Commuting is facilitated by Interstate 64 and Jefferson Ave, with the Hampton Roads Transit bus system providing additional connectivity. However, traffic congestion can be an issue, particularly near Williamsburg. Overall, Greenwood offers a mix of suburban living with convenient access to parks and local attractions.
Home Trends in Greenwood, VA
On average, homes in Greenwood, Newport News sell after 31 days on the market compared to the national average of 51 days. The median sale price for homes in Greenwood, Newport News over the last 12 months is $297,500, up 4% from the median home sale price over the previous 12 months.
Median Sale Price
$297,500
Median Single Family Sale Price
$303,750
Average Price Per Sq Ft
$196
Number of Homes for Sale
4
Last 12 months Home Sales
58
Median List Price
$302,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
4%