Milton Coste

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NYC Neighborhood Comparison

Greenwood vs Port Morris

Port Morris vs Greenwood: side-by-side market data, transit, and neighborhood profiles to help you decide.

Brooklyn|Bronx

Greenwood

Brooklyn

Port Morris

Bronx

How They Compare

For buyers focused on affordability, Port Morris has the lower median sale price at $549K vs $1.3M in Greenwood.

Investors analyzing rental yield will find Port Morris offers a stronger rent-to-price ratio based on current market data.

Median Sale Price
$1.3M
$549K
Median Rent
$4K
$3K
Active Listings
71
1
Avg Days on Market
60 days
53 days
YoY Price Change
-0.3%
-12.2%
Monthly Sales Volume
3
1

Detailed Comparison

MetricGreenwoodPort Morris
Median Sale Price$1,275,000$548,634
Median Condo Price$1,275,000$600,000
Median Co-op Price$1,310,000$375,000
Median Rent$3,825$2,600
Active Listings711
Rental Inventory1641
Days on Market6053
Price Cut Share8.5%100.0%
Monthly Sales Volume31
YoY Price Change-0.3%-12.2%
YoY Rent Change+4.1%-36.6%
YoY Inventory Change+16.4%0.0%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in Greenwood moved -0.3% over the past year, compared to -12.2% in Port Morris. Both markets have seen price softening, with Port Morris declining more sharply over the measured period.

Neighborhood Profiles

Greenwood

Greenwood is a Brooklyn neighborhood of brick row houses, walk-up apartment buildings, and new condominium developments surrounding the historic 478-acre Green-Wood Cemetery. The R train at 25th Street provides subway service, and the D train at 36th Street is accessible at the southern border. Green-Wood Cemetery, a National Historic Landmark with rolling hills and 19th-century monuments, is the neighborhood's defining landscape feature.

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Port Morris

Port Morris features established architecture combining traditional multi-unit buildings with historic cooperatives. The area is served by regional rail lines offering transit access, while local parks provide immediate green space. These fixed residential structures anchor the borough's property landscape in NYC.

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Transit Access

Greenwood

No subway data available

Port Morris

No subway data available

Active Listings

Greenwood for sale

View all Greenwood listings

Port Morris for sale

View all Port Morris listings

Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is refreshed every 15 minutes per REBNY IDX requirements.

Greenwood vs Port Morris: Home Price Resilience 2008-2020

From the 2008 financial crisis through the 2020 pandemic, the NYC metro Case-Shiller composite fell about 25% peak-to-trough between 2007 and 2012, then fully recovered by 2017 and gained another 15% through Q1 2020. Greenwood and Port Morris both tracked this broader NYC arc, with annual closing volume contracting sharply in 2009 and again in Q2 2020 before normalizing.

Outer-borough submarkets including Greenwood and Port Morris generally tracked the broader NYC metro pattern of a 20% to 25% peak-to-trough decline before fully recovering by 2017 and posting further gains through early 2020.

Source: Per Case-Shiller Home Price Index, NYC metro subset, 2008-2020, cross-referenced with StreetEasy historical price data series.

Metric (2026)GreenwoodPort Morris
Median Sale Price$1,275,000$548,634
Median Rent$3,825/mo$2,600/mo
Year-over-Year Price Change-0.3%-12.2%
Average Days on Market60 days53 days
Distance to Nearest SubwayN/AN/A

Table values reflect current 2026 market conditions. Historical 2008-2020 commentary is sourced from Case-Shiller NYC metro composite and StreetEasy historical series.

Frequently Asked Questions

Is Greenwood cheaper than Port Morris?
Port Morris is more affordable, with a median sale price of $548,634 vs $1,275,000 in Greenwood. Pricing can vary widely by building, floor, and unit condition, so review current listings for accurate comparisons.
Which has better transit, Greenwood or Port Morris?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Greenwood or Port Morris?
This depends on what type of home fits your household. Greenwood and Port Morris both offer a mix of apartment and multi-room units in co-ops, condos, and townhouses. Larger 3- and 4-bedroom units, including townhouses and multi-family properties, tend to be more available in lower-density areas. Reviewing active listings filtered by bedroom count is the most reliable way to see what each neighborhood currently offers for larger households. A licensed broker can pull current inventory by bedroom count across both areas for a direct comparison.
Should I buy in Greenwood or Port Morris?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Greenwood and Port Morris gives you the clearest picture of what your budget gets in each location. Request a free CMA from Milton Coste to get a side-by-side breakdown of current opportunities.

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Need Help Choosing?

With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.

Data updated:

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