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 April 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

$209,333

$129/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$22,333(+11.9%)

Key Takeaway

Homes in Greensburg have sold for 11.9% more than they did a year ago.

Summary: The median home sold price in Greensburg was $209,333 in April 2024, up 11.9% from last year, and the median price per square foot was $129.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $80K$100K
+25.0%
2 $120K$155K
+29.2%
3 $190K$215K
+13.2%
4 $254K$311.5K
+22.6%
5+ $399.9K$325K
-18.7%

Summary: Greensburg housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 29.2%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 22.6%, and 5+ bedroom homes decreased by 18.7%.

Median Sold Price Compared To Nearby Cities

Greensburg
+11.9%
Washington Township
+7.6%
Adams Township
-13.6%

Housing Supply in Greensburg, IN

How many homes are available in Greensburg, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
6780+19.4%

Summary: The Greensburg real estate market had 80 homes for sale in April 2024, a 19.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 1314
+7.7%
3 3846
+21.1%
4 1416
+14.3%
5+ 23
+50.0%

Summary: The Greensburg housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 21.1%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1527+80.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

11 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. 48.1% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in Greensburg in April 2024, up by 80.0% month-over-month. Of the 27 sold homes, 48% were sold under asking, 41% were sold at asking, and 11% 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

Apr 2023Apr 2024CHANGE
25 Days25 Days+1.4%

Summary: Homes in Greensburg had an average of 25 days on market in Apr 2024, up by 1.4% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 April 2024, 27 homes were sold in Greensburg; 81% of homes were sold within 30 days, 15% 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 28 Days Ago

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