Why Live in Greenwood
Greenwood, a suburb about 10 miles east of Sacramento, is known for its tree-lined streets and mature landscaping, with homes dating back to the 1950s. Marconi Avenue bisects the neighborhood, and El Camino Avenue features family-owned restaurants like Skip’s Kitchen and Hagen’s Orange Freeze. Greenwood appeals to trade workers due to its proximity to major thoroughfares, facilitating quick commutes to Roseville, Folsom, and downtown Sacramento. The neighborhood is known for its spacious lots, with homes ranging from three-bedroom ranch styles to larger four-bedroom properties, many of which have been renovated. Renters make up about half of the market, with apartments available near El Camino and Marconi Avenues.
Shopping options within Greenwood are limited, but residents can access nearby stores such as the Costco Business Center and Emigh Ace Hardware on Watt Avenue, or the Fair Oaks Boulevard Nursery for gardening needs. For more extensive shopping, Pavilions and Arden Fair Mall are both about 5 miles away. Greenwood has limited park space, with Hazelwood Greens offering a small lawn and walking paths. For more extensive outdoor activities, residents can visit Ancil Hoffman Park, 3 miles east, which features a golf course, picnic areas, and access to the American River.
The neighborhood is served by highly rated schools, including El Camino Fundamental High School and Rio Americano High. Public transportation options include bus routes along Marconi and El Camino Avenues, connecting to the Light Rail’s Blue Line for convenient access to downtown Sacramento.
Frequently Asked Questions
Is Greenwood a good place to live?
Greenwood is a good place to live. Greenwood is considered somewhat walkable and bikeable with some transit options. Greenwood is a suburban neighborhood. Greenwood has 7 parks for recreational activities. It is somewhat dense in population with 10.9 people per acre and a median age of 38. The average household income is $106,475 which is above the national average. College graduates make up 31.3% of residents. A majority of residents in Greenwood are renters, with 60.4% of residents renting and 39.6% of residents owning their home. A
local real estate agent serving Greenwood can help you decide if this neighborhood is the right one for you. Learn more on our
Greenwood neighborhood guide.
How much do you need to make to afford a house in Greenwood?
The median home price in Greenwood is $587,250. If you put a 20% down payment of $117,400 and had a 30-year fixed mortgage with an interest rate of 6.5%, your estimated principal and interest payment would be $2,970 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $127K a year to afford the median home price in Greenwood. The average household income in Greenwood is $106K.
What are the best public schools in Greenwood?
The best public schools that serve Greenwood are:
What are the best private schools in Greenwood?
The best private schools that serve Greenwood are:
What are the most popular zip codes in Greenwood, Sacramento, CA?
What are the most popular neighborhoods near Greenwood, Sacramento, CA?
Home Trends in Greenwood, CA
On average, homes in Greenwood, Sacramento sell after 34 days on the market compared to the national average of 52 days. The median sale price for homes in Greenwood, Sacramento over the last 12 months is $579,500, up 8% from the median home sale price over the previous 12 months.
Median Sale Price
$579,500
Median Single Family Sale Price
$580,000
Median Townhouse Sale Price
$560,000
Average Price Per Sq Ft
$348
Number of Homes for Sale
4
Last 12 months Home Sales
34
Median List Price
$587,250
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
8%