Mitch's Weekly Market Report

Greenwood, IN 46143

Condos/Townhomes

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


Greenwood, IN 46143

Thu May 01 2025
This week the median list price for Greenwood, IN 46143 is $324,950 with the market action index hovering around 48. This is less than last month's market action index of 52. Inventory has increased to 11. 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.

Strong Seller's Market

Market Narrative

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Greenwood, IN 46143

Thu May 01 2025
This week the median list price for Greenwood, IN 46143 is $324,950 with the market action index hovering around 48. This is less than last month's market action index of 52. Inventory has increased to 11. 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.

Strong Seller's Market

Market Narrative

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Greenwood market.
Median List Price $324,950
Median Price of New Listings $250,000
Per Square Foot $197
Average Days on Market 113
Median Days on Market 42
Price Decreased 64%
Price Increased 0%
Relisted 9%
Inventory 11
Median Rent
Market Action 48
Strong Seller's Market

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general over the last several weeks.

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
$665,000 3,195 0.25 - 0.5 acre 3 3 11 0 0 38
$359,900 1,804 0.25 - 0.5 acre 2 2 20 0 0 42
$270,000 1,553 4,500 - 6,500 sqft 2 2 24 1 0 91
$235,000 1,466 0 - 4,500 sqft 3 2.5 41 0 2 21