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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greensburg is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Greensburg was a Seller's Market.

Key Takeaway

Greensburg is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Greensburg, IN

How much do homes in Greensburg, IN cost?

Median Sold Price

$212,500

$132/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$7,500(+3.7%)

Key Takeaway

Homes in Greensburg have sold for 3.7% more than they did a year ago.

Summary: The median home sold price in Greensburg was $212,500 in November 2024, up 3.7% from last year, and the median price per square foot was $132.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $100K$53.7K
-46.3%
2 $149.9K$155K
+3.4%
3 $215K$215K
0.0%
4 $302.9K$310K
+2.3%
5+ $393.7K$379K
-3.7%

Summary: Greensburg housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 46.3%, 2 bedroom homes increased by 3.4%, 3 bedroom homes did not change, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 3.7%.

Median Sold Price Compared To Nearby Cities

Washington Township
+8.2%
Greensburg
+3.7%

Housing Supply in Greensburg, IN

How many homes are available in Greensburg, IN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6157-6.6%

Summary: The Greensburg real estate market had 57 homes for sale in November 2024, a 6.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 139
-30.8%
3 2934
+17.2%
4 1210
-16.7%
5+ 74
-42.9%

Summary: The Greensburg 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 decreased by 30.8%, 3 bedroom homes increased by 17.2%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 42.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
158-46.7%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greensburg, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Greensburg in November 2024, down by 46.7% month-over-month. Of the 8 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Greensburg, IN

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

Average Sale Time

Nov 2023Nov 2024CHANGE
55 Days76 Days+36.8%

Summary: Homes in Greensburg had an average of 76 days on market in Nov 2024, up by 36.8% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 8 homes were sold in Greensburg; 50% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 38% 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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