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Housing in Greene

A typical Greene home is worth roughly $172,000

Home prices around Greene have risen about 75% over the past 5 years.

Typical home value
$172K
▲ 14.5% in a year · IN $260K
Estimate
2-bedroom rent
$960
a month, utilities in · HUD
Median tax bill
$594
IN $1,614

What kind of housing town is Greene?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Price trend

Home prices up 75% in 5 years

The federal house price index for the ZIP codes around Greene rose 75% over the past 5 years, faster than across Indiana (53%). Last year prices rose 15%.

Greene areaIndiana
0%+50%+100%+150%+200%200120052010201520202025
+15%
past year
+75%
past 5 years
+120%
past 10 years

How Greene ranks on rising home prices →

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Greene, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Affordability

What it takes to buy in Greene

Try your own numbers below.

You could afford about
$287,000
Typical Greene home $172K

That covers a typical Greene home, with $114K to spare.

The typical home, each month
$1,010
Loan $850Tax $110Insurance $50

A two-bedroom rents for about $960 a month here, $50 less than owning.

How Greene ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Indiana typical property tax (0.74% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

89% of Greene households own their home

Half of Greene’s homes were built before 1969.

Owners and renters
Own 89%Rent 11%

Indiana: 71% own.

1969
typical home built · IN 1976
$594
median property tax bill · IN $1,614

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $960

Fair Market Rent a month, utilities included

Studio$710
1 bedroom$750
2 bedrooms$960
3 bedrooms$1,270
4 bedrooms$1,480
11%
of households rent · IN 29%
17
renter households

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Parke County, IN): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Greene vs. its neighbors

Greene is the 3rd least expensive of 6 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Greene$172K*+14.5%†$960$102,946
Russell$252K*—$1,070$75,125
Union$228K*+13.9%†$970$75,705
Washington$216K*+14.5%†$1,080$73,902
Brown$148K*+4.6%†$1,080$102,083
Clinton$112K*+4.1%†$1,020$47,917

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Greene buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Greene still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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