Is Greenfield, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenfield is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Greenfield has remained a Seller's Market.

Key Takeaway

Greenfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Greenfield, IN

How much do homes in Greenfield, IN cost?

Median Sold Price

$277,125

$146/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$25,763(+10.2%)

Key Takeaway

Homes in Greenfield have sold for 10.2% more than they did a year ago.

Summary: The median home sold price in Greenfield was $277,125 in March 2024, up 10.2% from last year, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $102.5K$30K
-70.7%
2 $178.7K$205K
+14.7%
3 $244.5K$255K
+4.3%
4 $300.3K$305K
+1.5%
5+ $330.3K$340K
+2.9%

Summary: Greenfield housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 70.7%, 2 bedroom homes increased by 14.7%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 2.9%.

Median Sold Price Compared To Nearby Cities

Greenfield
+10.2%
Center Township
+1.6%

Housing Supply in Greenfield, IN

How many homes are available in Greenfield, IN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
154160+3.9%

Summary: The Greenfield real estate market had 160 homes for sale in March 2024, a 3.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 2022
+10.0%
3 7580
+6.7%
4 4646
0.0%
5+ 1212
0.0%

Summary: The Greenfield housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2944+51.7%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenfield, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.

Summary: A total of 44 homes were sold or pending in Greenfield in March 2024, up by 51.7% month-over-month. Of the 44 sold homes, 59% were sold under asking, 23% were sold at asking, and 18% were sold over asking.

Days on Market for Greenfield, IN

How long does it take to sell a home in Greenfield, IN?

Average Sale Time

Mar 2023Mar 2024CHANGE
65 Days45 Days-29.9%

Summary: Homes in Greenfield had an average of 45 days on market in Mar 2024, down by 29.9% compared to last year.

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Greenfield are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 44 homes were sold in Greenfield; 64% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 15 Days Ago

Newest Listings in Greenfield, IN

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