Is Greenfield, IN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenfield is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Greenfield has remained a Seller's Market.

Key Takeaway

Greenfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Greenfield, IN

How much do homes in Greenfield, IN cost?

Median Sold Price

$280,093

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$7,593(+2.8%)

Key Takeaway

Homes in Greenfield have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in Greenfield was $280,093 in November 2024, up 2.8% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $30K$117.5K
+291.7%
2 $208.1K$195K
-6.3%
3 $253.5K$260K
+2.5%
4 $305K$324.5K
+6.4%
5+ $341.3K$345K
+1.1%

Summary: Greenfield housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 291.7%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 1.1%.

Median Sold Price Compared To Nearby Cities

Center Township
+3.8%
Greenfield
+2.8%

Housing Supply in Greenfield, IN

How many homes are available in Greenfield, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
215209-2.8%

Summary: The Greenfield real estate market had 209 homes for sale in November 2024, a 2.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 2123
+9.5%
3 118111
-5.9%
4 6663
-4.5%
5+ 1011
+10.0%

Summary: The Greenfield housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 9.5%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4751+8.5%

Asking Price vs. Sold Price

32 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenfield, you may be able to get a good deal. 62.7% of homes here sold below asking price last month.

Summary: A total of 51 homes were sold or pending in Greenfield in November 2024, up by 8.5% month-over-month. Of the 51 sold homes, 63% were sold under asking, 24% were sold at asking, and 14% were sold over asking.

Days on Market for Greenfield, IN

How long does it take to sell a home in Greenfield, IN?

Average Sale Time

Nov 2023Nov 2024CHANGE
26 Days37 Days+40.9%

Summary: Homes in Greenfield had an average of 37 days on market in Nov 2024, up by 40.9% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

22 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Greenfield are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 51 homes were sold in Greenfield; 47% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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