Housing in Greensburg, IN is an attractive option for potential buyers. The median value of homes in the area is $202,200, which is significantly lower than the national median value of $338,100. In addition to the lower cost of living associated with owning a home in Greensburg, IN, there has also been a healthy appreciation rate of 8.69% year over year making it even more appealing for buyers looking to build equity or sell their home for a higher value. This rate is slightly higher than the national 1 year house appreciation rate of 8.27%. Overall, Greensburg provides great housing options at an affordable cost and with solid potential for appreciating in value over time.
The median home cost in Greensburg is $202,200. Home appreciation the last 10 years has been 74.5%. Home Appreciation in Greensburg is up 15.8%.
Average Age of Homes
- The median age of Greensburg real estate is 45 years old
The Rental Market in Greensburg
- Renters make up 36.3% of the Greensburg population
- 0.4% of houses and apartments in Greensburg, 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.