Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 12,377, 4,884 total housing units (homes and apartments), and a median house value of $218,775, house prices in Greensburg are solidly below the national average.
Single-family detached homes are the single most common housing type in Greensburg, accounting for 69.25% of the city's housing units. Other types of housing that are prevalent in Greensburg include large apartment complexes or high rise apartments ( 15.72%), duplexes, homes converted to apartments or other small apartment buildings ( 8.01%), and a few row houses and other attached homes ( 4.09%).
The most prevalent building size and type in Greensburg are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 57.50% owning and 42.50% renting.
There is a lot of housing in Greensburg built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Greensburg built before 1939 ( 24.16%). A lesser amount of the housing stock also hails from between 1940-1969 ( 20.58%). There's also some housing in Greensburg built between 2000 and later ( 19.80%).
Greensburg's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Greensburg during the period has been just 5.11%, which is lower than 70% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Greensburg's appreciation rate, at 5.00%, has been at or slightly above the national average. In the latest quarter, Greensburg's appreciation rate has been -1.49%, which annualizes to a rate of -5.81%.
Notably, Greensburg's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Indiana, our data show that Greensburg's latest annual appreciation rate is higher than 60% of the other cities and towns in Indiana.
$218,775
for Indiana
for nation
4,884
$1,115 / per month