Is Greensburg, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Greensburg has remained a Seller's Market.
Housing Prices in Greensburg, IN
How much do homes in Greensburg, IN cost?
Median Sold Price
$215,000
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Greensburg was $215,000 in May 2024, up 15% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $80K | $100K | +25.0% |
2 Bedrooms | $122.2K | $157K | +28.4% |
3 Bedrooms | $191K | $215K | +12.6% |
4 Bedrooms | $240K | $335K | +39.6% |
5+ Bedrooms | $362.5K | $325K | -10.3% |
Summary: Greensburg housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 28.4%, 3 bedroom homes increased by 12.6%, 4 bedroom homes increased by 39.6%, and 5+ bedroom homes decreased by 10.3%.
Median Sold Price Compared To Nearby Cities
Adams Township | $129.5K | $166K | +28.2% |
Washington Township | $175K | $204.5K | +16.9% |
Greensburg | $187K | $215K | +15.0% |
Housing Supply in Greensburg, IN
How many homes are available in Greensburg, IN?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
82 | 69 | -15.9% |
Summary: The Greensburg real estate market had 69 homes for sale in May 2024, a 15.9% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 15 | 11 | -26.7% |
3 Bedrooms | 47 | 37 | -21.3% |
4 Bedrooms | 17 | 16 | -5.9% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Greensburg housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 26.7%, 3 bedroom homes decreased by 21.3%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
27 | 23 | -14.8% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Greensburg in May 2024, down by 14.8% month-over-month. Of the 23 sold homes, 61% were sold under asking, 22% were sold at asking, and 17% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
47 Days | 31 Days | -33.1% |
Summary: Homes in Greensburg had an average of 31 days on market in May 2024, down by 33.1% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 23 homes were sold in Greensburg; 78% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.