Mitch's Weekly Market Report

Greenwood, IN 46142

Condos/Townhomes

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Greenwood, IN 46142

Thu Oct 30 2025
This week the median list price for Greenwood, IN 46142 is $137,700 with the market action index hovering around 38. This is less than last month's market action index of 45. Inventory has increased to 7. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Greenwood, IN 46142

Thu Oct 30 2025
This week the median list price for Greenwood, IN 46142 is $137,700 with the market action index hovering around 38. This is less than last month's market action index of 45. Inventory has increased to 7. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Greenwood market.
Median List Price $137,700
Median Price of New Listings $105,000
Per Square Foot $111
Average Days on Market 46
Median Days on Market 28
Price Decreased 43%
Price Increased 0%
Relisted 0%
Inventory 7
Median Rent
Market Action 38
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$284,700 1,707 4,500 - 6,500 sqft 2 2 20 0 0 52
$188,800 1,271 0 - 4,500 sqft 2 1.8 35 0 0 52
$115,450 1,038 0 - 4,500 sqft 2 1.3 54 0 0 56
$105,000 988 0 - 4,500 sqft 2 1 57 1 0 0