Greenwood, TX

Greenwood, located in the heart of Midland County, Texas, offers potential home buyers an appealing blend of rural charm and convenient access to urban amenities, making it an ideal choice for both families and individuals seeking a peaceful community with a strong sense of local pride. Known for its excellent schools, Greenwood Independent School District consistently ranks highly for academic performance, providing a solid educational foundation for children within the community. Residents enjoy a low crime rate and a close-knit atmosphere where neighbors know each other and are actively involved in community events.

The area around Greenwood boasts picturesque landscapes, perfect for outdoor enthusiasts who enjoy hiking, biking, and horseback riding. Local parks and recreational areas offer ample opportunities for picnics, sports, and family gatherings. The proximity to Midland means that residents have easy access to larger city amenities including shopping centers, diverse dining options, cultural attractions such as museums and theaters, and Midland International Air & Space Port for convenient travel.

Living in Greenwood also allows for a relaxed lifestyle, free from the hustle and bustle of city life, yet close enough to benefit from its conveniences. The community maintains a rural economic base, which supports local businesses and sustains a stable job market. For those in the oil and energy sectors, the region is a strategic location with numerous employment opportunities given its position in the Permian Basin, one of the largest oil-producing areas in the country.

Real estate in Greenwood is varied, offering options from expansive ranch-style homes to modern single-family residences, all at competitive prices compared to the national average. This, combined with Texas' favorable tax structure, makes Greenwood an attractive place to invest in property and call home. The community's commitment to maintaining a high quality of life for its residents makes it a desirable destination for those looking to establish roots in a family-friendly, economically robust, and culturally rich environment.

Greenwood Real Estate Profile – by the Numbers!

In May 2026, Greenwood, Texas, the average home price is $674,950 and the price per square foot is $232. Average rent for a house is around $2,400 for a 5 bedrooms home.