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Housing in Greenfield

A typical Greenfield home is worth roughly $146,000

Home prices around Greenfield have risen about 60% over the past 5 years.

Typical home value
$146K
▼ 3.2% in a year · IN $260K
Estimate
2-bedroom rent
$980
a month, utilities in · HUD
Median tax bill
$783
IN $1,614

What kind of housing town is Greenfield?

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

★ What stands out · Affordability

A typical home costs 3.4 years of income

About the same as across Indiana. Try your own numbers below.

You could afford about
$172,000
Typical Greenfield home $146K

That covers a typical Greenfield home, with $26K to spare.

The typical home, each month
$830
Loan $720Tax $70Insurance $40

A two-bedroom rents for about $980 a month here, $150 more than owning.

How Greenfield ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Greenfield’s typical property tax (0.54% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Price trend

Home prices up 60% in 5 years

The federal house price index for the ZIP codes around Greenfield rose 60% over the past 5 years, faster than across Indiana (53%). Last year prices fell 3.2%.

Greenfield areaIndiana
0%+50%+100%+150%200120052010201520202025
−3.2%
past year
+60%
past 5 years
+90%
past 10 years

How Greenfield ranks on rising home prices →

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

Renting

A two-bedroom rents for about $980

Fair Market Rent a month, utilities included

Studio$710
1 bedroom$770
2 bedrooms$980
3 bedrooms$1,370
4 bedrooms$1,600
16%
of households rent · IN 29%

How Greenfield ranks on rent that’s easy to afford →

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

The homes

84% of Greenfield households own their home

Half of Greenfield’s homes were built before 1993.

Owners and renters
Own 84%Rent 16%

Indiana: 71% own.

1993
typical home built · IN 1976
$783
median property tax bill · IN $1,614
0.54%
of a home’s value, a year in tax · IN 0.74%
20%
of homes are seasonal or vacation homes

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

Next door

Greenfield vs. its neighbors

Greenfield is the 3rd least expensive of 7 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Greenfield$146K*−3.2%†$980$42,375
Jackson$169K*—$990$88,889
Southeast$135K*—$1,040$95,569
Paoli$178K+4.3%$990$49,135
French Lick$198K+4.8%$980$61,173
Patoka$162K*—$1,000$60,441
Sterling$115K*—$960$41,250

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.

On the market in Greenfield

Listed in the past 60 days. Each opens on the listing site.

Neighbors talk housing

What Greenfield buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Greenfield 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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