Greenville, IN—47124
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Greenville, IN
Home Price Trends — Greenville, IN
As of Oct '25, the median home price in Greenville, IN is $334,000, with a year-over-year change of 3.8%. This indicates that home prices in Greenville, IN are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $334,000 | 3.8% |
| Single Family | $334,000 | 3.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $211,000 | 7.1% |
3 Bed | $315,000 | 4.0% |
4 Bed | $404,000 | 4.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Greenville, IN
Greenville, IN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Greenville, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Greenville, IN is 37. This is a increase of 153.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $348,000 | 4.0% |
Listing Count | 13 | 52.0% |
| Listings as % of Homes | 0.2% | 52.0% |
Days on Market | 37 | 153.0% |
Demographics — Greenville, IN
As of the latest ACS Survey released in 2023, Greenville, IN has a population of 5,510, which has increased by 19.7% over the past 5 years. Greenville, IN is a popular place for families, as children make up 28.7% of the population. The area has a moderately educated workforce, with 35.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,510 | 19.7% |
% Under 18 | 28.7% | 13.9% |
% Seniors | 16.3% | 20.7% |
% WFH | 7.7% | 45.3% |
% w/ College Degree | 35.7% | 10.2% |
As of the latest ACS Survey released in 2023, Greenville, IN is a predominantly white area, with 92.7% of the population identifying as white. The white population has shrunk by 1.4% in the last 5 years. The second most common race or ethnicity in Greenville, IN is hispanic, making up 3.2% of the population. Foreign-born residents account for 1.8% of the population in Greenville, IN, and this percentage has decreased by 45.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.7% | -1.4% |
% Black | 0.6% | -57.1% |
% Hispanic | 3.2% | 77.8% |
% Asian | 1.1% | -31.2% |
% Foreign Born | 1.8% | -45.5% |
Mortgage and Risk — Greenville, IN
According to HUD data as of 2023, there were 121 mortgage originations in Greenville, IN, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Greenville, IN. Investor activity is low, as 1.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 121 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Greenville, IN
Greenville, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 2.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,150 |
| 2 Bedroom | N/A | N/A | $1,400 |
| 3 Bedroom | N/A | N/A | $1,800 |
| 4 Bedroom | N/A | N/A | $2,090 |
Affordability — Greenville, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $334,000 |
| Median Household Income | $112,000 |