Commercial Real Estate Market in Greenwood, LA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
58 active listings and 116 off-market properties in Greenwood, LA.
Market Trends
Greenwood, LA spans 29.6 square miles in Caddo County, Louisiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Greenwood, LA runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Greenwood, LA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Greenwood, LA runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Greenwood, LA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Industrial 62.1%
- Civic 18.8%
- Commercial 6.3%
Largest Zones share of zoned land by district
Residence And Agriculture Districts
Light Industry
Urban And Suburban One Family Residence
No Zoning
Residence Mobile Home Park Districts
Residence And Agriculture Districts (RA)
The RA districts are composed mainly of unsubdivided lands that are vacant or in agriculture or forestry uses, with some dwellings and some accessory uses. The regulations are designed to protect the essentially open character of the districts by prohibiting the establishment of scattered business, industrial and other uses that are unrelated to any general…
Market overview
Demographics & Economy
Greenwood, LA has 3,581 residents in 1,678 households. Density runs 121 people per square mile. Median household income here is $51,997 and median gross rent $576 a month.
3,581
Population
1,678
Households
2.1
Avg Household Size
46
Median Age
25%
College-Educated
90%
High-School Grad
29.6 sq mi
ZIP Area
121
Density / Sq Mi
$51,997
Median Household Income
$50,509
Median Earnings
$576
Median Rent
$212,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Waskom | — | — |
| Bethany | — | — |
| Jonesville | — | — |
| Panola | — | — |
Commercial property in Greenwood, LA asks $70/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Greenwood?
Commercial property in Greenwood, LA asks an average of $70 per square foot.
Where does Realmo's Greenwood market data come from?
Realmo compiles Greenwood, LA figures from 58 active sale listings, 116 tracked off-market properties, the current Greenwood zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 58 active for-sale and 0 active for-lease listings in Greenwood, LA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 5,513 zoned acres across 11 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
