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Featured local agent — Greendale, IN
Sarah Mitchell
Compass Real Estate · Greendale, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Greendale, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$264,000median sale price
How is the Greendale, IN housing market right now?
The median home sale price in Greendale, IN is $264,000, down 0.7% year-over-year. Homes sell in an average of 19 days with 6 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 Greendale a buyer's or seller's market?
Greendale, IN is currently a seller's market, based on 0.6 months of supply and homes selling in about 19 days. How we determine this →
Homes sold
10
Last 12 weeks
Days on market
19
Fast-moving
Active listings
6
0.6 months supply
Sale-to-list
98.0%
Below asking
What does the Greendale housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $264,000 |
| Median list price | $337,500 |
| Year-over-year price change | -0.7% |
| Average days on market | 19 days |
| Active inventory | 6 listings |
| Months of supply | 0.6 months |
| Sale-to-list price ratio | 98.0% |
| Median price per sq ft | $170/sq ft |
| Homes sold (latest month) | 10 |
| New listings (latest month) | 6 |
| Listings with a price cut | 16.7% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Greendale by property type?
How the Greendale, IN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $264,000 | $170/sq ft | 10 | 19 days |
| Condo / Co-op | $310,000 | $180/sq ft | 1 | 240 days |
Source: Redfin · Updated monthly
The Greendale housing market is currently classified as a seller's market with a median sale price of $264,000. Prices have fallen 0.7% compared to last year, with homes spending an average of 19 days on market, indicating 0.6 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 3.6x provides context for how home values compare to local earning capacity.
Homes for sale in Greendale
There are currently 6 homes listed for sale in Greendale, Indiana. The median listing price is $338K.
Active listings
6
Homes on market
Median list price
$338K
Avg. days on market
19
Days until sale
New this week
6
Newly listed
Who lives in Greendale?
Population
4,176
Median income
$78,912/yr
Median age
39.7 years
Owner-occupied
83.8%
College grads
24.3%
Avg commute
25.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Greendale?
Zillow home value
$286,389
Price-to-income
3.6x
Source: Zillow Research
What is it like to live in Greendale?
Greendale is a community of approximately 4K residents with a median age of 39.7 years.The median household income is $78,912, which reflects a relatively affluent area with strong earning potential. 24.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 83.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Greendale offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Greendale, IN?
Want a head-to-head view? Compare Greendale side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Greendale?
The median home sale price in Greendale is $264,000, down 0.7% from last year.
How long do homes stay on market in Greendale?
Homes typically spend 19 days on market before going under contract.
What is the median income in Greendale?
The median household income is $78,912 per year.
Is Greendale a buyer's or seller's market?
With 0.6 months of supply, Greendale is currently a seller's market.
What is the Zillow home value estimate for Greendale?
The Zillow Home Value Index (ZHVI) for Greendale is $286,389, representing the typical home value in the area.
What is the median condo price in Greendale?
The median condo/co-op sale price in Greendale, IN is $310,000, compared to $264,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Greendale?
The median single-family home price in Greendale, IN is $264,000 (about $170 per square foot).
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