Greenwood Homes under $250,000

Greenwood Homes under $250,000

Welcome to Greenwood, Arkansas – a charming city nestled in the picturesque Sebastian County. Known for its strong sense of community and rich history, Greenwood offers a perfect blend of small-town charm and modern conveniences. With its friendly neighborhoods, beautiful parks, and a vibrant downtown area, this city is an ideal place for families, young professionals, and retirees alike.

One of the most appealing aspects of Greenwood is its affordability. For those looking to buy a home without breaking the bank, you’ll be delighted to discover a variety of homes available for under $250,000. This price point opens the door to numerous options, from cozy single-family homes to inviting townhouses, each offering unique features and potential for customization. Whether you’re a first-time homebuyer or seeking a charming property to downsize, Greenwood has something special for you.

In addition to its affordable housing market, Greenwood boasts excellent schools, making it a desirable choice for families. The city is also known for its community events and local festivals that foster a strong sense of belonging among residents. With easy access to larger cities like Fort Smith, you can enjoy the tranquility of Greenwood while still being close to urban amenities.

Explore the possibilities that await you in Greenwood, AR – where affordable living meets a warm community spirit. Your dream home is just around the corner!

Newest Greenwood Homes under $250,000

715 Excelsior Road, Greenwood
$240,000
3 Beds ⋅ 2 Baths ⋅ 1092184 MLS
Updated, move-in ready and perfectly situated on .73 acres in Greenwood! This 3-bedroom, 2-bath plus bonus room, home offers the space, updates and convenience you've been looking for. Inside, you'll find a comfortable layout with modern updates throughout, making this home easy to love and easy to live in. Outside, the property truly shines with a spacious 24' x 40' shop complete with electricity—perfect for a workshop, storage, hobbies, equipment or whatever you need the extra space for. Enjoy the benefits of Greenwood's award-winning schools while being close to shopping, dining, parks and all the everyday conveniences. If you're looking for a home with room to spread out, a great shop and a convenient location, this one deserves a look!

715 Excelsior Road, Greenwood
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
168 Pine Street, Greenwood
$232,000
3 Beds ⋅ 2 Baths ⋅ 1091367 MLS
There’s a certain kind of hometown that still feels like America—and Greenwood wears it well. Around the downtown Square and along Main Street, neighbors gather for Christmas parades, Friday nights glow beneath the stadium lights, and a community proud of its championship football tradition shows up for its own. It’s the kind of place that can feel almost Norman Rockwell-like: familiar streets, local traditions, front porches, school spirit, and generations of memories woven together. Located in Maple Ridge Heights, where kids leave their bicycles in the yard and play outside until the street lights come on. This single-level brick home offers three bedrooms and two baths with an easy, practical floor plan. The vaulted living room opens to the kitchen and dining area, where a bay of windows brings in natural light. Warm wood-look flooring runs through much of the home, while the kitchen offers dark cabinetry, generous counter space, and a breakfast bar overlooking the living room. The primary suite is privately positioned with a walk-in closet and its own bath featuring a soaking tub and separate shower. Two additional bedrooms and a second full bath complete the opposite side of the home, along with a dedicated laundry area and attached two-car garage. Out back, a large fenced yard gives you room to play, garden, or spread out, while the covered patio is ready for grilling, visiting, and slow Arkansas evenings. A storage building adds space for lawn equipment and weekend projects. Here, you’re not just buying a house. You’re buying into a Greenwood way of life, where "it feels like home."

168 Pine Street, 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
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