Real Estate Market Update for Greencastle, IN
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 49% from one year earlier, and down 27% 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 150-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 4%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 130-thousand dollars. The number of units sold increased 15% year-over-year, and increased 67% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. 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 Greencastle, IN

Area Information for Greencastle, IN
  • Population: 10,780
  • Median Age: 30.56 yr
  • Median Commute Time: 15 mins
  • Educational Climate*: 3
  • Sales Tax: 0%
  • Population Density: 2,063/sq mi
  • Population Change Since 2000: 10.98%
  • Closest Airport: Indianapolis International
  • Closest College: Depauw University
  • Closest Jr. College: Ivy Tech Community College-bloomington
  • Median Household Income: $50,278
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $149,673
  • Closest Major Sports Team: Indianapolis Indians (aaa)
  • Change Avg. Household Income Since 2000: 48.82%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Greencastle, IN
Median Age: 30.56 Married: 28% Number of Households: 3,560 Households with Children: 1,010
    • 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 Greencastle, IN

      School Name Distance Type Grades School Rating
      Tzouanakis Intermediate School 0.6 mi Public 3-5 3
      Martha J Ridpath Elementary School 0.8 mi Public K-2 0
      Deer Meadow Primary School 0.9 mi Public PRESCHOOL-2 0
      Greencastle Senior High School 1.2 mi Public 9-12 4
      Greencastle Middle School 1.4 mi Public 6-8 3
      Peace Lutheran School 1.8 mi Private PRESCHOOL-PRESCHOOL 0
      Area 30 Career Center 2.4 mi Public 11-12 0
      South Putnam Middle School 5.1 mi Public 6-8 3
      South Putnam High School 5.1 mi Public 9-12 3
      Central Elementary School 5.1 mi Public K-5 4
      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.
      Local Weather for Greencastle, IN
        Data powered by Attom Data Solutions. Copyright© 2022. Information 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.