Zip 47240 (Greensburg, IN) Housing


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United States / Indiana / Greensburg Metro Area / Decatur County / No City / Greensburg (zip 47240)
The housing market in 47240 Greensburg, IN is doing well compared to the national average. According to my content, the median value of homes in Greensburg is $217,300, which is lower than the US median value of $338,100. However, house appreciation over the last year has been 8.69% in Greensburg- higher than the national average of 8.27%. This shows that Greensburg's housing market is performing better than expected and that the value of homes in this area continues to increase at a steady rate.

The median home cost in Greensburg (zip 47240) is $217,300. Home appreciation the last 10 years has been 74.5%. Home Appreciation in Greensburg (zip 47240) is up 15.8%.

Average Age of Homes
- The median age of Greensburg (zip 47240) real estate is 43 years old
The Rental Market in Greensburg (zip 47240)
- Renters make up 25.9% of the Greensburg (zip 47240) population
- 0.5% of houses and apartments in Greensburg (zip 47240), are available to rent

DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingGreensburg, IndianaUnited States
  9,560.0139,647,020.0
  4842
  $217,300$338,100
  15.8%16.6%
  56.8%57.0%
  74.5%101.1%
  $6.89$10.98
  $1,064$2,690
  63.1%57.4%
  10.6%11.2%
  26.3%31.4%
  Vacant Housing
  0.5%1.9%
  0.4%0.4%
  0.6%0.7%
  1.1%0.4%
  2.9%3.6%
  5.1%4.1%
  Value of Owner-Occupied Housing
  1.6%2.6%
  1.8%2.4%
  2.6%2.8%
  8.4%3.9%
  12.3%4.5%
  21.9%11.3%
  18.7%13.0%
  21.1%20.1%
  8.1%13.6%
  1.7%8.3%
  1.1%9.7%
  0.2%3.9%
  0.4%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  11.8%13.6%
  11.8%13.6%
  15.1%13.6%
  9.3%13.2%
  13.4%14.8%
  15.1%13.6%
  8.4%10.0%
  4.9%4.7%
  22.2%12.2%
Commute