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Sarah Mitchell

CNESRESABR

Compass Real Estate · Greencastle, IN

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Greencastle, IN(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Greencastle, IN Housing Market & Real Estate

Seller's market-2.3% YoY

Housing market overview · Updated monthly ·

$210,000median sale price

How is the Greencastle, IN housing market right now?

The median home sale price in Greencastle, IN is $210,000, down 2.3% year-over-year. Homes sell in an average of 5 days with 19 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Greencastle a buyer's or seller's market?

Seller's market2.1 months of supply5 avg. days on market

Greencastle, IN is currently a seller's market, based on 2.1 months of supply and homes selling in about 5 days. How we determine this →

Homes sold

9

Last 12 weeks

Days on market

5

Fast-moving

Active listings

19

2.1 months supply

Sale-to-list

98.1%

Below asking

What does the Greencastle housing market data show?

Current housing market statistics for Greencastle, IN
MetricValue
Median sale price$210,000
Median list price$217,400
Year-over-year price change-2.3%
Average days on market5 days
Active inventory19 listings
Months of supply2.1 months
Sale-to-list price ratio98.1%
Median price per sq ft$165/sq ft
Homes sold (latest month)9
New listings (latest month)14
Listings with a price cut47.4%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Greencastle by property type?

How the Greencastle, IN market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Greencastle, IN
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$217,500$166/sq ft86 days
Condo / Co-op$190,000$137/sq ft12 days

Source: Redfin · Updated monthly

The Greencastle housing market is currently classified as a seller's market with a median sale price of $210,000. Prices have fallen 2.3% compared to last year, with homes spending an average of 5 days on market, indicating 2.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.6x provides context for how home values compare to local earning capacity.

Homes for sale in Greencastle

There are currently 19 homes listed for sale in Greencastle, Indiana. The median listing price is $217K.

Active listings

19

Homes on market

Median list price

$217K

Avg. days on market

5

Days until sale

New this week

14

Newly listed

Price drops:47.4%of listings
Sale-to-list:98.1%

Who lives in Greencastle?

Population

9,863

Median income

$54,217/yr

Median age

28.7 years

Owner-occupied

41.1%

College grads

25.8%

Avg commute

18.1 min

Source: U.S. Census Bureau ACS

What are homes worth in Greencastle?

Zillow home value

$252,032

Price-to-income

4.6x

Source: Zillow Research

What is it like to live in Greencastle?

Greencastle is a community of approximately 10K residents with a median age of 28.7 years.The median household income is $54,217, which represents a working-class community with solid middle-income opportunities. 25.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 41.1%, showing a blend of owner and renter-occupied properties. The average commute time is 18.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Greencastle offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Greencastle?

9 schools tracked · 2,781 students

The largest public schools serving Greencastle, IN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Greencastle High School

Grades 9-12 · 495 students

Public

Greencastle Middle School

Grades 6-8 · 404 students

Public

Tzouanakis Intermediate School

Grades 3-5 · 401 students

Public

South Putnam High School

Grades 9-12 · 363 students

Public

Central Elementary School

Grades K-5 · 349 students

Public

Deer Meadow Primary School

Grades PK-2 · 312 students

Public

South Putnam Middle School

Grades 6-8 · 279 students

Public

Martha J Ridpath Elementary School

Grades K-2 · 178 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Greencastle, IN?

Want a head-to-head view? Compare Greencastle side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Greencastle?

The median home sale price in Greencastle is $210,000, down 2.3% from last year.

How long do homes stay on market in Greencastle?

Homes typically spend 5 days on market before going under contract.

What is the median income in Greencastle?

The median household income is $54,217 per year.

Is Greencastle a buyer's or seller's market?

With 2.1 months of supply, Greencastle is currently a seller's market.

What is the Zillow home value estimate for Greencastle?

The Zillow Home Value Index (ZHVI) for Greencastle is $252,032, representing the typical home value in the area.

What is the median condo price in Greencastle?

The median condo/co-op sale price in Greencastle, IN is $190,000, compared to $217,500 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Greencastle?

The median single-family home price in Greencastle, IN is $217,500 (about $166 per square foot).

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