Greenwood, Louisiana.
Typical home $250,795 (+9.4% in a year). Shreveport-Bossier City, LA metro.
to buy the typical home at today's mortgage rate — +$649 (+97%) since Jan 2020.
- 1 year
- Up $21,624 +9%
- $229,171$250,795 since Sep 2025
- 5 years
- Up $52,904 +27%
- $197,890$250,795 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Greenwood$1,316
- Louisiana$1,123
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 15 years.
Typical home values in Greenwood, LA rose 9.4% over the past year — faster than the nation's +1.2%.
Living in Greenwood, Caddo Parish, Louisiana
Greenwood is a town of 3,166 people in Caddo Parish. 87% of its homes are lived in by their owners and 13% are rented. Unemployment in Caddo Parish was 3.8% in August 2026, and the county had 2.0% more jobs in 2025 than the year before. The most people in Caddo Parish work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Greenwood is a small town in Caddo Parish, and nearly everyone who lives here owns their home. Very few residents live below the poverty line, and the typical home value sits comfortably in the middle of the market rather than at either end. Winters are mild and short, with a dusting of snow only now and then, while summers run hot and the year is a wet one.
Work. Residents work mostly in schools, hospitals and social care, in shops, in professional and business services, and in restaurants, hotels and entertainment. Across Caddo Parish, some of the largest workplaces are Willis-Knighton Health Systems, Caddo Parish Schools and Ochsner LSU Health Shreveport. Unemployment across the parish has eased compared with a year earlier, and the parish has added jobs, with a typical commute that is fairly short.
Things to do. The Gardens of the American Rose Center, a botanical garden, is in or beside town and is the nearest place to wander. A longer drive away is Caddo Lake, a reservoir with bayou scenery, and Caddo Lake State Park beside it for walking and time outdoors. For an evening out, the Strand Theatre is a theatre a longer drive away.
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- 1,451households
- 4%below the poverty line
- 21 mintypical commute
- 9%work from home
What people in Caddo Parish work in
Employed residents by industry, from the Census survey. Caddo Parish had 110,419 jobs in 2025, 2.0% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 56° and lows near 37°; warmest in August, with highs near 93° and lows near 73°. About 1 inches of snow and 53 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Shreveport Weather Office weather station, 7 miles away (NOAA).
Largest workplaces in Caddo Parish
- Willis-knighton Health SystemsGeneral hospital4,669FTE
- Caddo Parish SchoolsSchool district3,887FTE
- Ochsner LSU Health ShreveportGeneral hospital2,090FTE
- AmazonGeneral warehousing and storage1,972
- Veterans Health AdministrationFederal government · Department of Veterans Affairs1,714
- Louisiana State University Health Sciences Center-ShreveportUniversity or college1,202
- Christus Shreveport-bossier Health SGeneral hospital989FTE
- Willis-Knighton South and the Center for Women's HealthGeneral medical and surgical hospitals888
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 200 workplaces with 20 or more staff, 32,370 people in all across the county; Greenwood has two of its own. Hospitals come from their Medicare cost reports (CMS, 2023), school districts from the Common Core of Data (NCES, 2023–24), federal offices from OPM's federal workforce data (2026) and colleges from IPEDS (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Ice stormsVery high
- Heat wavesRelatively high
- HailRelatively high
- Strong windRelatively high
- LightningRelatively high
- Cold wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Greenwood’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Caddo Parish and the Shreveport-Bossier City, LA metro.
Greenwood home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Greenwood$250,795
- Louisiana$213,867
- United States$366,157
Sellers are cutting prices on about 1 in 6 Greenwood listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Greenwood16.11%
- United States26.36%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Greenwood20
Zip codes with a Greenwood address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Greenwood — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zillow publishes no zip-level series with this city on the address.