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.