Greenville, IN housing market
The median sale price was $400,000 in May 2026.
Home values, sales, trends and how Greenville compares with the towns next door — updated as new data is published.
Greenville at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Home prices up 56% in 5 years
The federal house price index for the ZIP code around Greenville rose 56% over the past 5 years, about the same as across Indiana. Last year prices rose 9.1%. Carrying the Census median home value forward with that index puts the typical Greenville home at roughly $541,000 today.
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| Year | Change that year | Since 2000 | Indiana since 2000 |
|---|---|---|---|
| 2025 | +9.1% | +144% | +126% |
| 2024 | +2.8% | +123% | +117% |
| 2023 | +12% | +117% | +106% |
| 2022 | +13% | +93% | +90% |
| 2021 | +9.6% | +72% | +65% |
| 2020 | +2% | +57% | +48% |
| 2019 | +6.8% | +53% | +42% |
| 2018 | +2.7% | +44% | +34% |
| 2017 | +4.2% | +40% | +26% |
| 2016 | +5.9% | +34% | +20% |
| 2015 | +5.4% | +27% | +16% |
| 2014 | +1.9% | +20% | +13% |
| 2013 | −0.2% | +18% | +10% |
| 2012 | −0.2% | +18% | +9% |
| 2011 | −1.9% | +19% | +9.6% |
| 2010 | −2% | +21% | +12% |
| 2009 | +1% | +23% | +14% |
| 2008 | −3.6% | +22% | +17% |
| 2007 | +4.5% | +27% | +18% |
| 2006 | +2.2% | +21% | +16% |
| 2005 | +4.4% | +19% | +14% |
| 2004 | +4.9% | +14% | +10% |
| 2003 | +3.2% | +8.3% | +7.8% |
| 2002 | +1.2% | +5% | +6.3% |
| 2001 | +3.7% | +3.7% | +4.3% |
| 2000 | — | — | — |
How Greenville ranks on rising home prices →
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 47124, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost. The estimated value scales the Census (ACS 2020-2024) median home value by that change.
No new homes permitted in 2025
No permits for new homes were issued in Greenville in 2025. The last year with any was 2022 (7 new homes).
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| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 7 | 7 | 0 | $1.8 million |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 28 | 28 | 0 | $7.1 million |
| 2019 | 26 | 26 | 0 | $6.6 million |
| 2018 | 27 | 27 | 0 | $6.9 million |
| 2017 | 28 | 28 | 0 | $7.1 million |
| 2016 | 25 | 25 | 0 | $6.4 million |
| 2015 | 32 | 32 | 0 | $6.4 million |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 23 | 23 | 0 | $3.5 million |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
2.4 years of income
The typical Greenville home costs about 2.4 years of the town's median household income, less than across Indiana (3.6 years).
How Greenville ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,380
HUD's Fair Market Rent for a two-bedroom in Greenville is $1,380 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Greenville pay a median of $1,176, so moving in tends to cost more than staying put. A two-bedroom takes about 12% of the town's median household income.
Studio $1,050 · 4 bedrooms $2,050
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (47124; Louisville, KY-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.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. 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. 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.