Mitch's Weekly Market Report

Greenwood, IN 46142

Single-Family Homes

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


Greenwood, IN 46142

Tue Oct 27 2026
This week the median list price for Greenwood, IN 46142 is $320,000 with the market action index hovering around 37. This is less than last month's market action index of 40. Inventory has increased to 89. 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

Tue Oct 27 2026
This week the median list price for Greenwood, IN 46142 is $320,000 with the market action index hovering around 37. This is less than last month's market action index of 40. Inventory has increased to 89. 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 $320,000
Median Price of New Listings $315,000
Per Square Foot $168
Average Days on Market 60
Median Days on Market 42
Price Decreased 54%
Price Increased 1%
Relisted 3%
Inventory 89
Median Rent
Market Action 37
Slight Seller's Advantage

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$421,000 2,508 0.25 - 0.5 acre 4 2.5 35 4 2 42
$349,250 2,164 0.25 - 0.5 acre 3 2.5 50 0 2 66
$304,950 1,772 0.25 - 0.5 acre 3 2 47 1 1 45
$255,000 1,516 0.25 - 0.5 acre 3 2 51 4 4 38