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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greensburg is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Greensburg, IN

How much do homes in Greensburg, IN cost?

Median Sold Price

$215,000

$127/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$11,000(+5.4%)

Key Takeaway

Homes in Greensburg have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in Greensburg was $215,000 in October 2024, up 5.4% from last year, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $58.5K$69.9K
+19.5%
2 $146K$155K
+6.2%
3 $205K$215K
+4.9%
4 $257.4K$313K
+21.6%
5+ $362.5K$352K
-2.9%

Summary: Greensburg housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.5%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 21.6%, and 5+ bedroom homes decreased by 2.9%.

Median Sold Price Compared To Nearby Cities

Washington Township
+8.2%
Greensburg
+5.4%
Adams Township
-6.6%

Housing Supply in Greensburg, IN

How many homes are available in Greensburg, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7767-13.0%

Summary: The Greensburg real estate market had 67 homes for sale in October 2024, a 13.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 1314
+7.7%
3 3830
-21.1%
4 1714
-17.6%
5+ 78
+14.3%

Summary: The Greensburg housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 7.7%, 3 bedroom homes decreased by 21.1%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2415-37.5%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Greensburg in October 2024, down by 37.5% month-over-month. Of the 15 sold homes, 67% were sold under asking, 13% were sold at asking, and 20% 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

Oct 2023Oct 2024CHANGE
28 Days35 Days+25.6%

Summary: Homes in Greensburg had an average of 35 days on market in Oct 2024, up by 25.6% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 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 October 2024, 15 homes were sold in Greensburg; 67% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% 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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