Greensburg, IN metro area Housing Market

Cool Market

Comprehensive housing market data for the Greensburg, IN metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$269K

1.5% YoY

Days on Market

40 days

25.0% YoY

Active Inventory

61

45.2% YoY

Homes Sold

12

0.0% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

Greensburg, IN metro area Market Summary

The Greensburg, IN metro area housing market is cooling down. As of January 2026, the median home sale price is $269K, up 1.5% year-over-year. Homes are spending a median of 40 days on the market, 25.0% longer than a year ago.

There are 61 homes for sale — 45.2% more than last year. With 5.1 months of supply, this is a balanced market. 15 new listings were added during this period, up 7.1% year-over-year.

Homes are selling for 97.6% of their list price on average, suggesting room for negotiation. 0.0% of homes sell above their asking price. 32.8% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

72

Contributing Factors

Months of Supply 5.1
Days on Market 40
Price Drops 32.8%
Sale-to-List Ratio 97.6%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $423K) 36.4%
Days on Market (National: 66) 39.4%
Inventory (National: 1,210,379) 100.0%

vs. Indiana Median

Median Price (Indiana: $255K) 5.5%
Days on Market (Indiana: 54) 25.9%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 36% below the national median, which could indicate stronger cash flow potential.

Greensburg, IN metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$237K

Price per Sq Ft

$123

Sale-to-List Ratio

97.6%

Months of Supply

5.1

Sold Above List

0.0%

Price Drops

32.8%

New Listings

15

7.1% YoY

Pending Sales

17

Off Market in 2 Weeks

23.5%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.