New - 1 hour on Rocket
$4,630 Closing Credit¹
#22023026, Ryan Moriarty, Listing Office: Weichert, Realtors-Tralee Prop
Greenwood Housing Market Report January 2025•Johnson County, Indiana
Housing Prices in Greenwood, IN
How much do homes in Greenwood, IN cost?
Housing Market Conditions
Is Greenwood, IN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Greenwood is a Seller's Market
Difference Since January 2024
Since last year, Greenwood has remained a Seller's Market.
Insight
Greenwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$316,682$155/SqFt
+$16,682
+5.6%
Based on all homes sold in the last 12 months
Insight
Homes in Greenwood have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Greenwood was $316,682 in January 2025, up 5.6% from last year, and the median price per square foot was $155.
Median Sold Price By Cities
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| New Whiteland | $229K | $250K | +9.2% |
| Pleasant Township | $263.1K | $279.7K | +6.3% |
| Greenwood | $300K | $316.6K | +5.6% |
| White River Township | $368.3K | $375.2K | +1.9% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $166.5K | $177K | +6.3% |
| 22 Bedrooms | $228.5K | $236.9K | +3.7% |
| 33 Bedrooms | $272.8K | $285K | +4.4% |
| 44 Bedrooms | $359.3K | $369.9K | +3.0% |
| 55+ Bedrooms | $431K | $422K | -2.1% |
Summary: Greenwood housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +6.3%. The home price for 2 bedroom homes increased by +3.7%. The home price for 3 bedroom homes increased by +4.4%. The home price for 4 bedroom homes increased by +3.0%. The home price for 5 bedroom homes decreased by -2.1%.
Housing supply in Greenwood, IN
How many homes are available in Greenwood, IN?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 347Last MonthJan 2025 | ||
| 3812 months agoDec 2024 | -8.9 % Change MoMDec – Jan |
Summary: The Greenwood real estate market had 347 homes for sale in Jan 2025, a 8.9 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 70Last MonthJan 2025 | ||
| 1132 months agoDec 2024 | -38.1 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 48 | 45 | -6.3% |
| 33 Bedrooms | 138 | 122 | -11.6% |
| 44 Bedrooms | 132 | 117 | -11.4% |
| 55+ Bedrooms | 63 | 63 | 0.0% |
Summary: Greenwood housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -6.3%. The inventory for 3 bedroom homes decreased by -11.6%. The inventory for 4 bedroom homes decreased by -11.4%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Greenwood, IN cost?
Over Asking Price5 Homes
At Asking Price26 Homes
Under Asking Price39 Homes
Insight
If you're buying a home in Greenwood, you may be able to get a good deal. 55.7% of homes here sold below asking price last month.
Summary: A total of 70 homes were sold or pending in Greenwood in January 2025, down by 38.1% month-over-month. Of the 70 sold homes, 56% were sold under asking, 37% were sold at asking, and and 7% were sold over asking.
Days on Market for Greenwood, IN
How long does it take to sell a home in Greenwood, IN?
Breakdown of Home Sale Times
Under 30 Days30 Homes
30 – 90 Days29 Homes
Over 90 Days11 Homes
Insight
Many homes in Greenwood are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 70 homes were sold in Greenwood; 43% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 50 DaysThis YearJan 2025 | ||
| 50 Days1 year agoJan 2024 | -0.3 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Greenwood had an average listing age of 50 days in Jan 2025, down by 0.3% compared to the previous year.
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Newest Listings in Greenwood, IN
What homes are available in Greenwood, IN?
New - 5 hours on Rocket
$2,969 Closing Credit¹
#22022848, Matthew Henninger, Listing Office: RE/MAX Advanced Realty
New - 7 hours on Rocket
$5,641 Closing Credit¹
#22022926, Christopher Pyatt, Listing Office: F.C. Tucker Company
New - 20 hours on Rocket
$9,500 Closing Credit¹
#22022583, John McCormack, Listing Office: RE/MAX Acclaimed Properties
New - 1 day on Rocket
$4,749 Closing Credit¹
#22021748, Jobea Trefny, Listing Office: Carpenter, REALTORS
New - 1 day on Rocket
$4,820 Closing Credit¹
#22022672, Michele Killinger, Listing Office: Carpenter, REALTORS
New - 1 day on Rocket
$3,747 Closing Credit¹
#22021622, John Vandersall, Listing Office: F.C. Tucker Company
New - 1 day on Rocket
$3,741 Closing Credit¹
#22022850, Shelby Farrar, Listing Office: Opendoor Brokerage LLC
New - 1 day on Rocket
$5,878 Closing Credit¹
#22022831, Shelby Farrar, Listing Office: Opendoor Brokerage LLC
New - 1 day on Rocket
$5,166 Closing Credit¹
#22022827, Shelby Farrar, Listing Office: Opendoor Brokerage LLC
New - 1 day on Rocket
$3,681 Closing Credit¹
#22022233, Rosie Berzenye, Listing Office: T&H Realty Services, Inc.
New - 1 day on Rocket
$3,551 Closing Credit¹
#22022543, Jake Stiles, Listing Office: Coldwell Banker Stiles
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Based on information from MIBOR Broker Listing Cooperative®, for the period 02/01/2023 - 02/01/2025
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 4:16:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.