Housing in Greenwood, IN is a great investment option for those looking to buy. The median value of houses in Greenwood, IN is $301,200 which is slightly lower than the US house median value of $338,100. However, the one-year increase in house appreciation for Greenwood, IN is 13.55%, which is higher than the US house appreciation rate of 8.27%. This means that investing in housing in Greenwood, IN could be a sound decision due to the potential for growth and high return on investment.
The median home cost in Greenwood is $301,200. Home appreciation the last 10 years has been 95.7%. Home Appreciation in Greenwood is up 17.9%.
Average Age of Homes
- The median age of Greenwood real estate is 26 years old
The Rental Market in Greenwood
- Renters make up 35.3% of the Greenwood population
- 1.8% of houses and apartments in Greenwood, 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.