Real Estate Market Update for
46143 (Greenwood, IN)
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Welcome to your monthly "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 33% from one year earlier and down 6% from the previous month This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month... was just under 190-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 10% This lower number of days may signal a positive trend in the local inventory-turnover rate. Meanwhile, The median sale price was just over 140-thousand dollars. Overall, The number of units sold Increased 43% year-over-year and Increased 43% month-over-month These figures may indicate that buyers have been taking advantage of competitive pricing and interest-rates. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 46143 (Greenwood, IN)
Area Information for 46143 (Greenwood, IN)
Community Character:Moderate Residential Turnover
Population:50,151
Median Age:36.37 yr
Median Commute Time:23.82 mins
Educational Climate*:4
Recycling Likelihood**:100
Sales Tax:7%
Population Density:993/sq mi
Population Change Since 2000:52%
Closest Airport:Indianapolis International
Closest College:University Of Indianapolis
Closest Jr. College:Indiana Bus Coll-med
Median Household Income:$67,905
Annual Residential Turnover:20.47%
Median Years in Residence:3.64 yr
Median Home Sales Price:$110,400
Closest Major Sports Team:Indianapolis Colts
Change Avg. Household Income Since 2000:22%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for 46143 (Greenwood, IN)
Median Age: 36.37Married: 53%Number of Households: 18,988Households with Children: 7,030
Community:
Occupancy Types
3599Vacant
8822Owned
12512Rented
Transportation to Work
43%Drive
47%Public Transportation
8%Walk / Bike / Other
8%Work at Home
National Index Comparisons:
(100 National Average)