Mitch's Weekly Market Report

Greenwood, IN 46143

Condos/Townhomes

ToHelpUMove Inc.| Email: Mitch@ToHelpUmove.com | Phone: (317) 223-1673


Greenwood, IN 46143

Thu Apr 30 2026
This week the median list price for Greenwood, IN 46143 is $274,900 with the market action index hovering around 36. This is less than last month's market action index of 43. Inventory has increased to 15. Click here to stay informed with the Greenwood market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Greenwood, IN 46143

Thu Apr 30 2026
This week the median list price for Greenwood, IN 46143 is $274,900 with the market action index hovering around 36. This is less than last month's market action index of 43. Inventory has increased to 15. Click here to stay informed with the Greenwood market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer's market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Greenwood market.
Median List Price $274,900
Median Price of New Listings $199,000
Per Square Foot $170
Average Days on Market 70
Median Days on Market 28
Price Decreased 27%
Price Increased 0%
Relisted 13%
Inventory 15
Median Rent
Market Action 36
Slight Seller's Advantage

Despite this week’s down tic, the price trend in this zip code remains upward for several weeks. We’re within sight of the market peak, and we’ll assume this week’s change is just randomness unless we see a persistent downward push of the Market Action Index into the Buyer’s zone.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$531,950 2,438 0.25 - 0.5 acre 3 2.8 29 0 1 42
$312,500 1,821 0 - 4,500 sqft 2 2 24 0 0 28
$244,450 1,801 0 - 4,500 sqft 3 2.3 29 0 0 45
$197,000 1,270 0 - 4,500 sqft 2 1.5 40 1 0 77