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Featured local agent — Griffith, IN
Sarah Mitchell
Compass Real Estate · Griffith, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Griffith, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$271,000median sale price
How is the Griffith, IN housing market right now?
The median home sale price in Griffith, IN is $271,000, up 5.0% year-over-year. Homes sell in an average of 31 days with 22 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 Griffith a buyer's or seller's market?
Griffith, IN is currently a seller's market, based on 1.3 months of supply and homes selling in about 31 days. How we determine this →
Homes sold
17
Last 12 weeks
Days on market
31
Average pace
Active listings
22
1.3 months supply
Sale-to-list
97.0%
Below asking
What does the Griffith housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $271,000 |
| Median list price | $289,900 |
| Year-over-year price change | +5.0% |
| Average days on market | 31 days |
| Active inventory | 22 listings |
| Months of supply | 1.3 months |
| Sale-to-list price ratio | 97.0% |
| Median price per sq ft | $159/sq ft |
| Homes sold (latest month) | 17 |
| New listings (latest month) | 19 |
| Listings with a price cut | 45.5% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Griffith by property type?
How the Griffith, 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 | $268,000 | $160/sq ft | 16 | 30 days |
| Condo / Co-op | $134,750 | $146/sq ft | 1 | 67 days |
| Townhouse | $304,500 | $161/sq ft | 2 | 22 days |
Source: Redfin · Updated monthly
The Griffith housing market is currently classified as a seller's market with a median sale price of $271,000. Prices have risen 5.0% compared to last year, with homes spending an average of 31 days on market, indicating 1.3 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 3.3x provides context for how home values compare to local earning capacity.
Homes for sale in Griffith
There are currently 22 homes listed for sale in Griffith, Indiana. The median listing price is $290K.
Active listings
22
Homes on market
Median list price
$290K
Avg. days on market
31
Days until sale
New this week
19
Newly listed
Who lives in Griffith?
Population
16,228
Median income
$76,009/yr
Median age
38.4 years
Owner-occupied
72.4%
College grads
26.6%
Avg commute
30.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Griffith?
Zillow home value
$252,948
Zillow rent index
$1,390/mo
Price-to-rent ratio
15.2x
Price-to-income
3.3x
Source: Zillow Research
What is it like to live in Griffith?
Griffith is a community of approximately 16K residents with a median age of 38.4 years.The median household income is $76,009, which reflects a relatively affluent area with strong earning potential. 26.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 72.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 30.7 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Griffith offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Griffith?
3 schools tracked · 1,997 students
The largest public schools serving Griffith, 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.
Griffth Jr/Sr High School
Grades 6-12 · 1,090 students
Beiriger Elementary School
Grades PK-5 · 455 students
Elsie Wadsworth Elementary School
Grades PK-2 · 452 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 Griffith, IN?
Want a head-to-head view? Compare Griffith side-by-side with any other U.S. city using our market-comparison tool.
Is Griffith a good real estate investment market?
For investors evaluating Griffith, the price-to-rent ratio of 15.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 5.0% 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 Griffith's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Griffith's median home price.
Frequently asked questions
What is the average home price in Griffith?
The median home sale price in Griffith is $271,000, up 5.0% from last year.
How long do homes stay on market in Griffith?
Homes typically spend 31 days on market before going under contract.
What is the median income in Griffith?
The median household income is $76,009 per year.
Is Griffith a buyer's or seller's market?
With 1.3 months of supply, Griffith is currently a seller's market.
What is the Zillow home value estimate for Griffith?
The Zillow Home Value Index (ZHVI) for Griffith is $252,948, representing the typical home value in the area.
What is the median condo price in Griffith?
The median condo/co-op sale price in Griffith, IN is $134,750, compared to $268,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Griffith?
The median single-family home price in Griffith, IN is $268,000 (about $160 per square foot).
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