Year over year on a rolling three-month basis, Greenwich shows sharp shifts in prices and pace. The typical home value is down more than half from last year, while the median list price has jumped by over 40 percent, signaling a widening gap between asking and selling prices. Homes are also taking much longer to sell than a year ago, with median days on market surging.
Looking at the latest rolling three-month period ending in June 2026, buyers see a median list price of about $257,000 and a typical home value near $87,000. Inventory is relatively limited at 14 active listings and 4.4 months of supply, which keeps conditions tilted toward sellers despite the softer sale prices. Sales activity is modest with 5 homes sold and 7 pending, but nearly 80 percent of recent sales closed above list price and the average sale-to-list ratio is above 109 percent, showing strong competition for the homes that do move.
Compared with the broader Detroit market, Greenwich’s typical home value now sits below the citywide median, yet it operates in a tighter seller’s market with less supply than Detroit’s 6.8 months. This mix of lower selling prices, rising list prices, and high over-asking bids makes careful pricing and offer strategies especially important. Buyers and sellers in Greenwich can benefit from Agent Pronto’s help connecting with a local real estate agent who understands these shifting dynamics.
