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Featured local agent — Greenfield, IN
Sarah Mitchell
Compass Real Estate · Greenfield, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Greenfield, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$278,950median sale price
How is the Greenfield, IN housing market right now?
The median home sale price in Greenfield, IN is $278,950, up 8.4% year-over-year. Homes sell in an average of 18 days with 75 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 Greenfield a buyer's or seller's market?
Greenfield, IN is currently a seller's market, based on 2.1 months of supply and homes selling in about 18 days. How we determine this →
Homes sold
36
Last 12 weeks
Days on market
18
Fast-moving
Active listings
75
2.1 months supply
Sale-to-list
99.2%
Below asking
What does the Greenfield housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $278,950 |
| Median list price | $300,000 |
| Year-over-year price change | +8.4% |
| Average days on market | 18 days |
| Active inventory | 75 listings |
| Months of supply | 2.1 months |
| Sale-to-list price ratio | 99.2% |
| Median price per sq ft | $159/sq ft |
| Homes sold (latest month) | 36 |
| New listings (latest month) | 47 |
| Listings with a price cut | 34.7% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Greenfield by property type?
How the Greenfield, 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 | $283,995 | $154/sq ft | 32 | 13 days |
| Condo / Co-op | $252,500 | $195/sq ft | 4 | 80 days |
Source: Redfin · Updated monthly
The Greenfield housing market is currently classified as a seller's market with a median sale price of $278,950. Prices have risen 8.4% compared to last year, with homes spending an average of 18 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 3.9x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Greenfield
There are currently 75 homes listed for sale in Greenfield, Indiana. The median listing price is $300K.
Active listings
75
Homes on market
Median list price
$300K
Avg. days on market
18
Days until sale
New this week
47
Newly listed
Who lives in Greenfield?
Population
24,308
Median income
$74,949/yr
Median age
38.1 years
Owner-occupied
61.7%
College grads
25.2%
Avg commute
24.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Greenfield?
Zillow home value
$291,393
Zillow rent index
$1,584/mo
Price-to-rent ratio
15.3x
Price-to-income
3.9x
Source: Zillow Research
What is it like to live in Greenfield?
Greenfield is a community of approximately 24K residents with a median age of 38.1 years.The median household income is $74,949, which represents a working-class community with solid middle-income opportunities. 25.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 61.7%, showing a blend of owner and renter-occupied properties. The average commute time is 24.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Greenfield offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Greenfield?
9 schools tracked · 4,925 students
The largest public schools serving Greenfield, 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.
Greenfield-Central High School
Grades 9-12 · 1,430 students
Mt Comfort Elementary School
Grades K-5 · 692 students
Greenfield Central Junior High Sch
Grades 7-8 · 662 students
JB Stephens Elementary School
Grades PK · 565 students
Greenfield Intermediate School
Grades 4-6 · 458 students
Brandywine Elementary School
Grades PK-4 · 350 students
Weston Elementary School
Grades K-3 · 311 students
Harris Elementary School
Grades K-3 · 291 students
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 Greenfield, IN?
Want a head-to-head view? Compare Greenfield side-by-side with any other U.S. city using our market-comparison tool.
Is Greenfield a good real estate investment market?
For investors evaluating Greenfield, the price-to-rent ratio of 15.3x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 8.4% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Greenfield's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Greenfield's median home price.
Frequently asked questions
What is the average home price in Greenfield?
The median home sale price in Greenfield is $278,950, up 8.4% from last year.
How long do homes stay on market in Greenfield?
Homes typically spend 18 days on market before going under contract.
What is the median income in Greenfield?
The median household income is $74,949 per year.
Is Greenfield a buyer's or seller's market?
With 2.1 months of supply, Greenfield is currently a seller's market.
What is the Zillow home value estimate for Greenfield?
The Zillow Home Value Index (ZHVI) for Greenfield is $291,393, representing the typical home value in the area.
What is the median condo price in Greenfield?
The median condo/co-op sale price in Greenfield, IN is $252,500, compared to $283,995 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Greenfield?
The median single-family home price in Greenfield, IN is $283,995 (about $154 per square foot).
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