Mitch's Weekly Market Report

Greenwood, IN 46142

Single-Family Homes

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


Greenwood, IN 46142

Wed Apr 29 2026
This week the median list price for Greenwood, IN 46142 is $330,000 with the market action index hovering around 48. This is an increase over last month's market action index of 45. Inventory has increased to 57. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Greenwood, IN 46142

Wed Apr 29 2026
This week the median list price for Greenwood, IN 46142 is $330,000 with the market action index hovering around 48. This is an increase over last month's market action index of 45. Inventory has increased to 57. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Real-Time Market Profile

Never miss important changes in the Greenwood market.
Median List Price $330,000
Median Price of New Listings $292,500
Per Square Foot $174
Average Days on Market 73
Median Days on Market 28
Price Decreased 46%
Price Increased 0%
Relisted 0%
Inventory 57
Median Rent
Market Action 48
Strong Seller's Market

Again this week we see a downward notch for prices in this zip code. We continue to pull back from the market’s highs. 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
$495,000 2,958 0.25 - 0.5 acre 4 2.5 34 1 3 63
$355,000 1,939 0.25 - 0.5 acre 3 2.5 44 4 3 31
$310,000 1,826 0.25 - 0.5 acre 3 2 48 1 1 31
$244,500 1,356 0.25 - 0.5 acre 3 1.8 61 6 2 7