Is Greenwood, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$309,119
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Greenwood was $309,119 in April 2024, up 8.5% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $147K | $166.5K | +13.3% |
2 Bedrooms | $200K | $238.3K | +19.2% |
3 Bedrooms | $260K | $275K | +5.8% |
4 Bedrooms | $341.5K | $358K | +4.8% |
5+ Bedrooms | $420K | $412.5K | -1.8% |
Summary: Greenwood housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.3%, 2 bedroom homes increased by 19.2%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes decreased by 1.8%.
Median Sold Price Compared To Nearby Cities
Greenwood | $285K | $309.1K | +8.5% |
New Whiteland | $223.7K | $240K | +7.3% |
White River Township | $357.9K | $370.3K | +3.5% |
Pleasant Township | $264.9K | $264.9K | 0% |
Clark Township | $450K | $441.5K | -1.9% |
Housing Supply in Greenwood, IN
How many homes are available in Greenwood, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
328 | 349 | +6.4% |
Summary: The Greenwood real estate market had 349 homes for sale in April 2024, a 6.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 30 | 33 | +10.0% |
3 Bedrooms | 118 | 138 | +16.9% |
4 Bedrooms | 113 | 117 | +3.5% |
5+ Bedrooms | 67 | 61 | -9.0% |
Summary: The Greenwood housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 16.9%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 9%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
90 | 117 | +30.0% |
Asking Price vs. Sold Price
70 Homes Were Sold
Under Asking
30 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Summary: A total of 117 homes were sold or pending in Greenwood in April 2024, up by 30.0% month-over-month. Of the 117 sold homes, 60% were sold under asking, 26% were sold at asking, and 15% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 34 Days | -9.2% |
Summary: Homes in Greenwood had an average of 34 days on market in Apr 2024, down by 9.2% compared to last year.
Breakdown of Home Sale Times
79 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During April 2024, 117 homes were sold in Greenwood; 68% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.