Is Greenwood, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Greenwood has remained a Seller's Market.
Housing Prices in Greenwood, IN
How much do homes in Greenwood, IN cost?
Median Sold Price
$316,957
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Greenwood was $316,957 in June 2024, up 9.7% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $150K | $166.5K | +11.0% |
2 Bedrooms | $205K | $239.9K | +17.0% |
3 Bedrooms | $262.3K | $275K | +4.8% |
4 Bedrooms | $339.9K | $365.5K | +7.5% |
5+ Bedrooms | $417.5K | $415.5K | -0.5% |
Summary: Greenwood housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11%, 2 bedroom homes increased by 17%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes decreased by 0.5%.
Median Sold Price Compared To Nearby Cities
New Whiteland | $221.7K | $245K | +10.5% |
Greenwood | $289K | $316.9K | +9.7% |
White River Township | $349.9K | $376.6K | +7.6% |
Pleasant Township | $265K | $269.8K | +1.8% |
Clark Township | $455K | $422.5K | -7.1% |
Housing Supply in Greenwood, IN
How many homes are available in Greenwood, IN?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
417 | 392 | -6.0% |
Summary: The Greenwood real estate market had 392 homes for sale in June 2024, a 6.0% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 49 | 47 | -4.1% |
3 Bedrooms | 151 | 152 | +0.7% |
4 Bedrooms | 133 | 129 | -3.0% |
5+ Bedrooms | 83 | 64 | -22.9% |
Summary: The Greenwood housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 4.1%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes decreased by 22.9%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
133 | 116 | -12.8% |
Asking Price vs. Sold Price
68 Homes Were Sold
Under Asking
26 Homes Were Sold
At Asking
22 Homes Were Sold
Over Asking
Summary: A total of 116 homes were sold or pending in Greenwood in June 2024, down by 12.8% month-over-month. Of the 116 sold homes, 59% were sold under asking, 22% were sold at asking, and 19% were sold over asking.
Days on Market for Greenwood, IN
How long does it take to sell a home in Greenwood, IN?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
18 Days | 21 Days | +17.7% |
Summary: Homes in Greenwood had an average of 21 days on market in Jun 2024, up by 17.7% compared to last year.
Breakdown of Home Sale Times
89 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During June 2024, 116 homes were sold in Greenwood; 77% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.