Housing · Greenfield

Greenfield, IN housing market

The typical Greenfield home is worth about $289,000, up 1.7% in a year, 11% above the Indiana typical home. Homes typically sell in 18 days, close to asking.

Home values, sales, trends and how Greenfield compares with the towns next door — updated as new data is published.

The market right now

Greenfield at a glance

Typical home value
$289K
▲ 1.7% in a year · Zillow
Median sale price
$279K
May 2026 · Redfin
Days on market
18
Indiana: 26 days
Sale-to-list
99.2%
Homes sell near asking
Homes sold
36
in May · 75 for sale
Market temperature

A seller's market

Buyer's marketBalancedSeller's market

Supply is tight — about 2.1 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.

Ten-year trend

Typical home value, 2016–2026

GreenfieldIndiana
$100K$150K$200K$250K$300K 20182020202220242026 Greenfield $289K Indiana $260K
Show as a table
JanuaryGreenfieldIndiana
2017$152,000$135,000
2018$162,000$144,000
2019$173,000$154,000
2020$183,000$164,000
2021$204,000$183,000
2022$242,000$209,000
2023$266,000$227,000
2024$273,000$237,000
2025$283,000$249,000
2026$289,000$256,000
August 2026$289,000$260,000
New construction

295 new homes permitted in 2025

Builders were permitted 295 new homes in Greenfield in 2025: 290 single-family houses and 5 in buildings with two or more homes, worth about $77 million to build. That's 12 per 1,000 residents, faster than across Indiana (6). Over the past 10 years, Greenfield has permitted 2,688 homes in all.

New homes, 2025
295
▲ 45% vs 2024
2026 so far
280
Jan–Aug · ▲ 18% vs last year
Per 1,000 residents
12
Indiana: 6
Single-family
98%
of 2025’s new homes
Single-familyTwo or more homes per building2026 so far
0200400600800 2000: 226 homes (212 single-family, 14 in buildings with 2+ homes) 2000 2001: 380 homes (354 single-family, 26 in buildings with 2+ homes) 2002: 229 homes (210 single-family, 19 in buildings with 2+ homes) 2003: 249 homes (241 single-family, 8 in buildings with 2+ homes) 2004: 277 homes (275 single-family, 2 in buildings with 2+ homes) 2005: 301 homes (298 single-family, 3 in buildings with 2+ homes) 2005 2006: 263 homes (241 single-family, 22 in buildings with 2+ homes) 2007: 155 homes 2008: 273 homes (57 single-family, 216 in buildings with 2+ homes) 2009: 182 homes (35 single-family, 147 in buildings with 2+ homes) 2010: 64 homes 2010 2011: 112 homes (48 single-family, 64 in buildings with 2+ homes) 2012: 58 homes (42 single-family, 16 in buildings with 2+ homes) 2013: 123 homes (67 single-family, 56 in buildings with 2+ homes) 2014: 96 homes (86 single-family, 10 in buildings with 2+ homes) 2015: 57 homes (55 single-family, 2 in buildings with 2+ homes) 2015 2016: 161 homes (81 single-family, 80 in buildings with 2+ homes) 2017: 199 homes (141 single-family, 58 in buildings with 2+ homes) 2018: 172 homes (168 single-family, 4 in buildings with 2+ homes) 2019: 163 homes (159 single-family, 4 in buildings with 2+ homes) 2020: 288 homes (280 single-family, 8 in buildings with 2+ homes) 2020 2021: 634 homes (222 single-family, 412 in buildings with 2+ homes) 2022: 458 homes (276 single-family, 182 in buildings with 2+ homes) 2023: 115 homes 2024: 203 homes (201 single-family, 2 in buildings with 2+ homes) 2025: 295 homes (290 single-family, 5 in buildings with 2+ homes) 2025 2026 so far: 280 homes (130 single-family, 150 in buildings with 2+ homes)

Homes vs. people, 2010–2020

Residents+2,886
New homes+1,205

Between the 2010 and 2020 censuses, Greenfield gained 2,886 residents while 1,205 new homes were permitted: about 2.4 new residents per new home. Building and growth moved roughly in step. Across Indiana: 1.7 new residents per new home.

How Greenfield ranks on housing keeping up with growth →

Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.

Show as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)280130150$89.8 million
20252952905$77 million
20242032012$50.8 million
20231151150$32.2 million
2022458276182$78.4 million
2021634222412$93.1 million
20202882808$53.7 million
20191631594$43 million
20181721684$31.4 million
201719914158$31.5 million
20161618180$19.9 million
201557552$9 million
2014968610$14.7 million
20131236756$13 million
2012584216$7.2 million
20111124864$8.4 million
201064640$8.2 million
200918235147$12.7 million
200827357216$20 million
20071551550$18.7 million
200626324122$33.7 million
20053012983$41.5 million
20042772752$37.1 million
20032492418$30.5 million
200222921019$26.4 million
200138035426$38.9 million
200022621214$23.4 million

How Greenfield ranks on new homes being built →

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.

Affordability

3.8 years of income

The typical Greenfield home costs about 3.8 years of the town's median household income, about the same as across Indiana (3.6).

How Greenfield ranks on affordability →

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
64.9%
Indiana: 70.6%
Median tax bill
$1,415
Indiana: $1,614
Median rent
$1,177
Indiana: $1,062
Typical home built
1995
Indiana: 1976

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,370

HUD's Fair Market Rent for a two-bedroom in Greenfield is $1,370 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Greenfield pay a median of $1,177, so moving in tends to cost more than staying put. A two-bedroom takes about 22% of the town's median household income.

1 bedroom
$1,180
a month, with utilities
2 bedrooms
$1,370
a month, with utilities
3 bedrooms
$1,770
a month, with utilities
Share of income
22%
2 bedrooms ÷ median income

Studio $1,040 · 4 bedrooms $2,170

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (46140; Indianapolis-Carmel, IN HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

On the market

Recent listings in Greenfield

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

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

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