Real Estate Market Update for Greenwood, IN

Video: Real Estate Community Tour for Greenwood, IN

See Real estate community tour for Greenwood, IN
Welcome to November's Market Update. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was down 29% from one year earlier, and down 5% 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 over 200-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 16%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 150-thousand dollars. The number of units sold decreased 7% year-over-year, and increased 2% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. 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.
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Map Information for Greenwood, IN
Area Information for Greenwood, IN
  • Population: 54,923
  • Median Age: 36.08 yr
  • Median Commute Time: 24 mins
  • Educational Climate*: 3
  • Sales Tax: 7%
  • Population Density: 2,224/sq mi
  • Population Change Since 2000: 36.53%
  • Closest Airport: Indianapolis International
  • Closest College: University Of Indianapolis
  • Closest Jr. College: Harrison College-indianapolis East
  • Median Household Income: $57,325
  • Annual Residential Turnover: 16%
  • Median Home Sales Price: $132,406
  • Closest Major Sports Team: Indianapolis Colts
  • Change Avg. Household Income Since 2000: 24.08%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Greenwood, IN
Median Age: 36.08 Married: 44% Number of Households: 21,665 Households with Children: 6,600
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Greenwood, IN

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Southwest Elementary School 0.4 mi Public K-5 3 5
      Greenwood Community High School 0.5 mi Public 9-12 4 3
      Westwood Elementary School 0.9 mi Public K-5 4-5 5
      Greenwood Middle School 1.0 mi Public 6-8 3-5 3
      Our Lady Of Greenwood School 1.0 mi Catholic PRESCHOOL-8 0 0
      Greenwood Christian School 1.1 mi Private PRESCHOOL-6 0 3
      Greenwood Christian Academy 1.2 mi Private PRESCHOOL-12 3-5 4
      Greenwood Head Start 1.2 mi Private PRESCHOOL-PRESCHOOL 0 0
      Concordia Lutheran Church & Preschool 1.3 mi Private PRESCHOOL-PRESCHOOL 0 0
      V O Isom Central Elementary School 1.3 mi Public K-5 2-5 5
      Central Nine Career Center 1.6 mi Public 9-12 0 0
      Center Grove Montessori 1.8 mi Private PRESCHOOL-6 0 0
      Greenwood Northeast Elementary School 2.1 mi Public K-5 3-5 3
      Greenwood Bible Baptist School 2.5 mi Private K-11 0 5
      North Grove Elementary School 2.5 mi Public K-5 3 4
      Clark Pleasant Intermediate School 2.7 mi Public 5-6 4 4
      Especially Kids Inc 2.8 mi Private PRESCHOOL-K 0 0
      Clark Pleasant Middle School 2.8 mi Public 7-8 4 3
      Sugar Grove Elementary School 3.0 mi Public K-5 3-5 4
      Center Grove Middle School North 4.0 mi Public 6-8 4 4
      Center Grove Elementary School 4.2 mi Public K-5 3 5
      Center Grove Middle School Central 4.2 mi Public 6-8 4 4
      Center Grove High School 4.2 mi Public 9-12 4 4
      Pleasant Grove Elementary School 4.5 mi Public K-5 3-5 4
      Ss Francis And Clare Catholic Schl 4.7 mi Catholic PRESCHOOL-8 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: and Onboard Informatics © 2015
      Local Weather for Greenwood, IN
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.