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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Greenfield is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Greenfield, IN

How much do homes in Greenfield, IN cost?

Median Sold Price

$278,133

$144/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$22,683(+8.9%)

Key Takeaway

Homes in Greenfield have sold for 8.9% more than they did a year ago.

Summary: The median home sold price in Greenfield was $278,133 in April 2024, up 8.9% from last year, and the median price per square foot was $144.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $102.5K$30K
-70.7%
2 $173.7K$201.5K
+16.0%
3 $245K$255K
+4.1%
4 $299.9K$310K
+3.4%
5+ $330.3K$341.6K
+3.4%

Summary: Greenfield housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 70.7%, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 3.4%.

Median Sold Price Compared To Nearby Cities

Greenfield
+8.9%
Center Township
+2.1%

Housing Supply in Greenfield, IN

How many homes are available in Greenfield, IN?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
165158-4.2%

Summary: The Greenfield real estate market had 158 homes for sale in April 2024, a 4.2% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1920
+5.3%
3 8176
-6.2%
4 5351
-3.8%
5+ 1211
-8.3%

Summary: The Greenfield housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.3%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes decreased by 8.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
5055+10.0%

Asking Price vs. Sold Price

34 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Greenfield, you may be able to get a good deal. 61.8% of homes here sold below asking price last month.

Summary: A total of 55 homes were sold or pending in Greenfield in April 2024, up by 10.0% month-over-month. Of the 55 sold homes, 62% were sold under asking, 16% were sold at asking, and 22% were sold over asking.

Days on Market for Greenfield, IN

How long does it take to sell a home in Greenfield, IN?

Average Sale Time

Apr 2023Apr 2024CHANGE
48 Days46 Days-4.0%

Summary: Homes in Greenfield had an average of 46 days on market in Apr 2024, down by 4% compared to last year.

Breakdown of Home Sale Times

36 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Greenfield are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 55 homes were sold in Greenfield; 65% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 18% 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 10 Days Ago

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