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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenfield Township is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Greenfield Township, IN

How much do homes in Greenfield Township, IN cost?

Median Sold Price

$265,500

$155/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$34,450(-11.5%)

Key Takeaway

Homes in Greenfield Township have sold for 11.5% less than they did a month ago.

Summary: The median home sold price in Greenfield Township was $265,500 in November 2024, down 11.5% from last month, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $220K-
N/A
2 $210K$215K
+2.4%
3 $240.4K$255K
+6.1%
4 $327.2K$345K
+5.4%
5+ $565K$364K
-35.6%

Summary: Greenfield Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes decreased by 35.6%.

Median Sold Price Compared To Nearby Cities

Paoli Township
+26.7%
Greenfield Township
-11.5%

Housing Supply in Greenfield Township, IN

How many homes are available in Greenfield Township, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
216210-2.8%

Summary: The Greenfield Township real estate market had 210 homes for sale in November 2024, a 2.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 2224
+9.1%
3 118111
-5.9%
4 6664
-3.0%
5+ 910
+11.1%

Summary: The Greenfield Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.1%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
4851+6.3%

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 Township, 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 Township in November 2024, up by 6.3% 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 Township, IN

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

Average Sale Time

Oct 2024Nov 2024CHANGE
33 Days37 Days+14.6%

Summary: Homes in Greenfield Township had an average of 37 days on market in Nov 2024, up by 14.6% compared to last month.

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 Township are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 51 homes were sold in Greenfield Township; 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 2 Days Ago

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