Greenwood Homes under $200,000

Greenwood Homes under $200,000

Welcome to Greenwood, Arkansas – a charming city nestled in Sebastian County, where Southern hospitality meets modern living. Known for its picturesque landscapes and a tight-knit community, Greenwood offers an inviting atmosphere that makes it a perfect place to call home. With its rich history and vibrant culture, residents enjoy a blend of small-town charm and easy access to larger urban amenities, making it an ideal location for families, professionals, and retirees alike.

One of the standout features of Greenwood is its affordability in the housing market. For those seeking homes under $200,000, this city presents an array of options that cater to diverse tastes and lifestyles. From cozy single-family homes to quaint townhouses, you’ll find properties that are not just budget-friendly but also packed with character. Many homes boast spacious yards, perfect for family gatherings or gardening, while others offer modern updates that make moving in a breeze.

Living in Greenwood means enjoying a variety of local parks, excellent schools, and a vibrant downtown area filled with shops and restaurants. The community hosts numerous events throughout the year, fostering connections among neighbors and creating a lively atmosphere. With its strategic location, residents can easily explore the natural beauty of the Ozarks or take a short drive to Fort Smith for additional shopping and entertainment options.

Discover the charm and affordability of Greenwood, where your dream home awaits under $200,000. Embrace a lifestyle that balances tranquility with convenience, and make this delightful city your new home!

Newest Greenwood Homes under $200,000

27 W Denver Street, Greenwood
$55,000
2 Beds ⋅ 1 Baths ⋅ 1091917 MLS
Imagine this 'fixer upper' becoming the perfect craftsman cottage. Great potential for a flip to sell, use as a rental or a buyer to remodel in their own style. New roof in 2024. Large side deck overlooks a shaded back yard. Nice location close to Main Street in Greenwood, Arkansas. No seller disclosures, current owner hasn't lived in the home or ever had utilities on since their purchase. Being sold As-is.

27 W Denver Street, Greenwood
103 Grand Brook Drive, Greenwood
$125,000
3 Beds ⋅ 2 Baths ⋅ 1091749 MLS
Unlock instant equity in this rock-solid, mostly brick home! Perfectly priced to allow for your custom upgrades, this property is a dream come true for buyers wanting to design their perfect space OR buyers looking for income potential. Built to last with excellent structural integrity, the home features a convenient 1-car garage and a fully fenced backyard—perfect for pets, gardening, or entertaining. Nestled in a great location with easy access to Highway 71 and top-rated Greenwood schools, it offers the ultimate mix of convenience and potential. Bring your favorite design ideas and turn this diamond in the rough into someone's dream home! (be watching for more pictures to come soon)

103 Grand Brook Drive, Greenwood
1939 Palomino Drive, Greenwood
$199,900
3 Beds ⋅ 2 Baths ⋅ 1091651 MLS
Move-in-ready 3-bedroom, 2-bath home in Eastgate Estates featuring a desirable split-bedroom floor plan, freshly painted interior, wood-laminate flooring and an oversized fenced backyard. The dine-in kitchen offers plenty of storage and workspace, while the two-car garage provides built-in workspace and extra storage. Convenient access to Hwy 96, Hwy 10 and Greenwood schools. (Some photos are AI enhanced to show ALL THE possibilities).

1939 Palomino Drive, Greenwood
41 W Gary Street, Greenwood
$77,000
3 Beds ⋅ 1 Baths ⋅ 1091635 MLS
*more pictures coming soon* This 3-bedroom, 1-bath home offers a prime location and plenty of potential for investors looking to add to their portfolio. Conveniently located within a short distance of Greenwood High School and Junior High, this property is ideally situated near schools, local amenities, and everything Greenwood has to offer. Recent updates include a newer roof and water heater, providing a great head start for the next owner. The property also features a single-car garage, detached carport, and a tornado shelter in the backyard for added convenience and peace of mind. Whether you're looking for your next investment property or a home with potential in a highly desirable location, 41 W Gary is worth a look. Schedule your showing today!

41 W Gary Street, Greenwood
2105 Cordova Terrace, Greenwood
$200,000
3 Beds ⋅ 2 Baths ⋅ 1091473 MLS
NO SHOWINGS right now due to medical reasons. More pictures coming soon! This brick 3-bedroom, 2-bathroom home with a garage and several upgrades throughout: Roof 2023-24, HVAC 2023-24, Stove/Oven/ceiling fans & light fixtures 2026. Dishwasher-2024, Shower, faucets in bathrooms, Covered patio 2022. Refrigerator, washer, dryer to convey with acceptable offer. This property is on West side of Greenwood and the neighborhood is getting a new Greenwood Inclusive Playground (currently being developed). Agent does not measure the home square footage; it is estimate only.

2105 Cordova Terrace, Greenwood
915 Division Street, Greenwood
$185,000
3 Beds ⋅ 1 Baths ⋅ 1091519 MLS
A home and shop for less than $200k?! This 3 bedroom 1 bathroom property is move-in ready and waiting for you to make it your own! It has a large corner lot, just under half an acre with a carport, covered back patio, fenced yard, and a detached workshop/ garage. Another outdoor perk is the gutter system with leaf free gutter guards. Storage is definitely not an issue here with ample kitchen cabinets, a storage room in the carport, and another storage room located on the back of the detached garage with a roll up door (perfect for your outdoor toys like 4 wheelers or motorcycle)! There is wood laminate flooring throughout, (great for pets or kiddos). The inside is cozy with a gas log fireplace and an eat-in kitchen. This home is less than a mile to the Jr. High and High School, and just down the road from Bell Park. Schedule your showing with your favorite realtor today!

915 Division Street, Greenwood
10 Grand Park Drive, Greenwood
$170,000
3 Beds ⋅ 2 Baths ⋅ 1091173 MLS
Welcome to this charming, well-maintained home in Greenwood! Featuring a comfortable open floor plan, an inviting eat-in kitchen with a convenient pantry, and a desirable split-bedroom layout, this home offers both functionality and ease of living. The spacious main bedroom includes a private en suite bath, while the living area opens onto a deck—perfect for relaxing or entertaining. Outside, enjoy the privacy of a fenced backyard, along with a storage building and peaceful wooded views. This welcoming home is ready for you to make it your own!

10 Grand Park Drive, Greenwood
1503 Grand Oak Drive, Greenwood
$179,000
3 Beds ⋅ 2 Baths ⋅ 1091445 MLS
Move-in ready 3-bedroom in Greenwood with no back neighbors — the kind of privacy you can't buy back once it's gone. This charming 1,150 sq ft home on Grand Oak has been thoughtfully maintained and updated: granite countertops in the kitchen, a brand-new dishwasher and range, and a brand-new 2026 roof mean the big-ticket items are already handled. The attached single-car garage adds day-to-day convenience, and a covered patio steps out to a large fenced backyard that backs to open space — plenty of room to entertain, garden, or let the dog run without staring at a neighbor's fence line. Built in 1992 in an established Greenwood neighborhood, this home offers a rare combination of recent updates, everyday functionality, and outdoor privacy at $179,000. Right-size, start out, or add to your portfolio — this one checks a lot of boxes. Schedule your showing before it's gone.

1503 Grand Oak Drive, Greenwood
102 Chippewa, Greenwood
$165,000
3 Beds ⋅ 2 Baths ⋅ 1091435 MLS
Move-in ready 3-bedroom on a quiet cul-de-sac in Greenwood — priced at $165,000. Fresh updates throughout make this 1,175 sq ft home stand out. Real tile flooring runs through the living room and kitchen, with durable LVP in all three bedrooms. The kitchen features granite countertops, a striking tile backsplash, and brand-new appliances. Both baths have been tastefully updated, wood blinds finish every window, and an oversized laundry/mud room adds rare storage and drop-zone space for a home this size. Outside, a single-vehicle carport provides covered parking, and the large fenced backyard leaves plenty of room for entertaining, gardening, or pets — all with the added privacy of a cul-de-sac lot. Zoned for Greenwood Public Schools, this well-maintained 1994 build offers modern finishes at an entry-level price. Homes like this don't sit long in Greenwood — schedule your showing today.

102 Chippewa, Greenwood
824 Citrus Street, Greenwood
$199,500
3 Beds ⋅ 2 Baths ⋅ 1091323 MLS
Charming updated 3-bedroom, 2-bath home with 1,875 square feet of living space. Features two spacious living rooms, covered front and back porches, and a level, fenced backyard. The kitchen offers ample storage, a breakfast bar, and a new range. Generous-sized bedrooms, with the master boasting a walk-in tiled shower. HVAC replaced 2022 & all the windows replaced in 2021. Dishwasher, kitchen counters , kitchen sink & garbage disposal replaced in 2019. The front living room could easily be converted into a 4th bedroom! 2 car garage. Located close to the schools, wal mart and before the town center.

824 Citrus Street, Greenwood
7314 Dawson Road, Greenwood
$175,000
3 Beds ⋅ 2 Baths ⋅ 1090934 MLS
Tucked away on nearly 2 private acres in one of Greenwood's most peaceful rural settings, 7314 Dawson Road offers a rare opportunity to enjoy quiet country living without sacrificing everyday convenience. Inside, you'll find a thoughtfully designed open layout with generous living spaces, a functional kitchen, and a split-bedroom floor plan that provides comfortable separation for the whole family. The home has been well maintained and is move-in ready, allowing you to settle in with ease. Step outside and the possibilities open right up. Whether you've been dreaming of a garden, a fire pit under the stars, space for your animals, or simply a yard big enough for the kids and dogs to roam free, this property has room for all of it. Privacy and room to spread out at this price point is a combination that's increasingly difficult to find in today's market. When you're ready to head into town, downtown Greenwood's shops, restaurants, and the highly regarded Greenwood School District are just minutes away, making this the ideal balance of rural charm and urban accessibility. Affordable, spacious, and move-in ready. Come take a look before someone else does.

7314 Dawson Road, Greenwood
865 S Oak Street, Greenwood
$184,900
3 Beds ⋅ 2 Baths ⋅ 1090724 MLS
Featuring a unique floor plan, this home is ready for your personal updates and finishing touches. Major improvements include a new roof in 2022, and the spacious yard provides plenty of room to relax entertain or expand your outdoor living space. Potential second lot to convey with the sale. Bring your vision and make this your own!

865 S Oak Street, Greenwood
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