Greensburg, IN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Greensburg Neighborhoods Since 2000




Greensburg, IN Real Estate Data

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Greensburg Housing Market Information

With 11,819 people, 4,842 houses or apartments, and a median cost of homes of $114,653, 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 68.42% of the city's housing units. Other types of housing that are prevalent in Greensburg include large apartment complexes or high rise apartments ( 14.21%), duplexes, homes converted to apartments or other small apartment buildings ( 11.23%), and a few mobile homes or trailers ( 3.54%).

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 56.87% owning and 43.13% 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 between 1940-1969 ( 24.81%). A lesser amount of the housing stock also hails from before 1939 ( 24.16%). There's also some housing in Greensburg built between 2000 and later ( 14.56%).

Greensburg Home Appreciation Rates

Appreciation rates for homes in Greensburg have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 7.49%, which ranks in the top 40% nationwide. This equates to an annual average Greensburg house appreciation rate of 0.72%.

NeighborhoodScout's data show that during the latest twelve months, Greensburg's appreciation rate, at 3.67%, has been at or slightly above the national average. In the latest quarter, Greensburg's appreciation rate has been -1.14%, which annualizes to a rate of -4.49%.

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 50% of the other cities and towns in Indiana.

Average Home Values

 

Median Home Value:
$114,653

Greensburg, IN HOME PRICES

Value Range
> $1,065,000 0.3
$799,001 - $1,065,000 0.0
$532,001 - $799,000 0.9
$426,001 - $532,000 0.5
$320,001 - $426,000 2.6
$213,001 - $320,000 8.9
$107,001 - $213,000 41.3
$53,001 - $107,000 35.4
$0 - $53,000 10.3

Average for IN
Low for Nation

Value Relative to Nation Value Relative to State
68.5046290870737 59.0497737556561

Number Of Homes And Apartments:
4,842

Greensburg Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
IN*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
21.09% 1.12% 6 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$827 / per month

Homeownership Rate

Homeownership
Owners 56.87
Renters 43.13
Vacant 7.38

Housing Market Details

 

Age of Homes

AGE OF Greensburg HOMES
2000 or Newer 14.6
1970 - 1999 36.5
1940 - 1969 24.8
1939 or Older 24.2

Types of Homes

TYPE OF Greensburg HOMES
Single-Family 68.4
Townhomes 2.6
Small Apt. Buildings 11.2
Apt. Complexes 14.2
Mobile Homes 3.5
Other 0.0

Home Size

SIZE OF Greensburg HOMES
No Bedroom 1.86
1 Bedroom 10.90
2 Bedrooms 31.92
3 Bedrooms 46.08
4 Bedrooms 7.46
5 or more bedrooms 1.78

Zip Codes in Greensburg, IN