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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greensburg is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Greensburg, IN

How much do homes in Greensburg, IN cost?

Median Sold Price

$210,000

$127/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$23,000(+12.3%)

Key Takeaway

Homes in Greensburg have sold for 12.3% more than they did a year ago.

Summary: The median home sold price in Greensburg was $210,000 in March 2024, up 12.3% from last year, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $80K$100K
+25.0%
2 $124.5K$149.9K
+20.4%
3 $189.9K$219K
+15.3%
4 $295.5K$302.9K
+2.5%
5+ $399.9K$343.7K
-14.0%

Summary: Greensburg housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 20.4%, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes decreased by 14%.

Median Sold Price Compared To Nearby Cities

Greensburg
+12.3%
Washington Township
+7.7%

Housing Supply in Greensburg, IN

How many homes are available in Greensburg, IN?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
6068+13.3%

Summary: The Greensburg real estate market had 68 homes for sale in March 2024, a 13.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 1012
+20.0%
3 3840
+5.3%
4 1114
+27.3%
5+ 12
+100.0%

Summary: The Greensburg housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1915-21.1%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greensburg, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Greensburg in March 2024, down by 21.1% month-over-month. Of the 15 sold homes, 47% were sold under asking, 27% were sold at asking, and 27% were sold over asking.

Days on Market for Greensburg, IN

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

Average Sale Time

Mar 2023Mar 2024CHANGE
73 Days47 Days-34.7%

Summary: Homes in Greensburg had an average of 47 days on market in Mar 2024, down by 34.7% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 15 homes were sold in Greensburg; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 27 Days Ago

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