The median home in Greenwood, Indiana is valued at $319,315, up 0.7% year over year. Typical monthly rent is $1,550, producing a price-to-rent ratio of 17.2x — near the national average of 18x. Greenwood is part of the Indianapolis-Carmel-Anderson, IN metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Indianapolis-Carmel-Anderson, IN stress score, crash risk, and 12-month forecast →

Home Value$319,315

+0.7%

Rent$1,550/mo

AFFORDABILITY

Enter your income for Greenwood.

Income (annual)

Down Payment

$63,863 on $319,315

Stretch — 31.6% of income

Above 28% but manageable with cuts.

PITI$1,974

P/I31.6%

Afford$283K

Gap-$36K

P&I $1,615Tax $226Ins $133

Renting $424/mo cheaper ($1,550 rent)6.50% 30yr, 20% down, county tax + IN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Indiana

Compare Greenwood with other housing markets across Indiana.

Dune Acres$889K Clear Lake$747K Long Beach$720K Zionsville$661K Carmel$548K Michiana Shores$540K Ogden Dunes$467K Westfield$460K

Full Indianapolis-Carmel-Anderson, IN analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Indianapolis-Carmel-Anderson, IN metro.

View Indianapolis-Carmel-Anderson, IN metro →

GREENWOOD, IN