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

Housing Market Conditions



Gauge showing Greenwood is a seller's market


Difference Since January 2023

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

Key Takeaway

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

Housing Prices in Greenwood, IN

How much do homes in Greenwood, IN cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since January 2023


Key Takeaway

Homes in Greenwood have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in Greenwood was $300,000 in January 2024, up 7.1% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 $148.5K$166.5K
2 $200K$228.5K
3 $260K$272.6K
4 $336.2K$359.9K
5+ $412.5K$433.5K

Summary: Greenwood housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.1%, 2 bedroom homes increased by 14.2%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 5.1%.

Median Sold Price Compared To Nearby Cities

New Whiteland
White River Township
Pleasant Township

Housing Supply in Greenwood, IN

How many homes are available in Greenwood, IN?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE

Summary: The Greenwood real estate market had 251 homes for sale in January 2024, a 11.9% decrease compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 00
2 3429
3 11498
4 9279
5+ 4545

Summary: The Greenwood housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.7%, 3 bedroom homes decreased by 14%, 4 bedroom homes decreased by 14.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Dec 2023Jan 2024CHANGE

Asking Price vs. Sold Price

35 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenwood, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 50 homes were sold or pending in Greenwood in January 2024, down by 42.5% month-over-month. Of the 50 sold homes, 70% were sold under asking, 16% were sold at asking, and 14% 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

Jan 2023Jan 2024CHANGE
36 Days50 Days+37.8%

Summary: Homes in Greenwood had an average of 50 days on market in Jan 2024, up by 37.8% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

26 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Greenwood has remained consistent over time.

Summary: During January 2024, 50 homes were sold in Greenwood; 34% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 14% 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 29 Days Ago

Newest Listings in Greenwood, IN

Nearby Markets to Greenwood, IN

What housing markets are near Greenwood, IN?