How big are the homes in Greenwood?

The average property size in Greenwood is 2714.19 sq.ft., the largest being 14095 sq.ft., and the smallest being 768 sq.ft.

Frequently Asked Questions

Are house prices dropping in Greenwood?

The house prices in Greenwood are indeed dropping at the moment. There has been a decrease in price of $18,889.14. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

What is the housing market like in Greenwood at this time?

The housing market and house prices in Greenwood are going down. The average house price is $374,995.00 and the average price per square feet is $167.20 per square foot. At the moment, there are 2302 homes listed - 313 active, 175 pending, and 1814 sold in Greenwood.

What is the most popular place to buy a house in Greenwood?

The most popular place to buy a home in Greenwood is 4101 - Johnson - White River. 4101 - Johnson - White River has the most properties listed and appears to have the highest demand.

What is the amount of property taxes you have to pay for a house in Greenwood?

The average amount of property taxes you would have to pay for a home in Greenwood is $3,330.52. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.

How fast are houses listed in Greenwood being sold?

Properties in Greenwood stay on the market for an average of 89 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.

How often are houses listed for sale in Greenwood?

The last home listed in Greenwood was 1973 minutes ago.

Can you visit houses in Greenwood?

Currently, there are 7 open houses available for viewing in Greenwood.

What is the most expensive house in Greenwood?

The cost of the most expensive home in Greenwood is $3,499,999.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.

What is the cheapest house in Greenwood?

The cost of the cheapest home in Greenwood is $104,900.00. Buying a cheaper home can keep payments low and leave room for customization.

How old are the homes in Greenwood?

The oldest home in Greenwood was built in 1930, and the newest in 2026.

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Active

$1,250,000

Beds

Baths

7,500 Sq. Ft.

640 S Madison Avenue, Greenwood, IN, 46142

Est. Payments: $0/mo

Commercial sale

Built in null

42 days on Site

0.948 Lot Size

Additional Details

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

(317) 954-4768

Description

7,506 sq ft Retail/Office located in the heart of downtown Greenwood. This prime location guarantees street visibility, high foot traffic and maximum exposure. Property consists of two buildings: 1.) Main building of 6,000 sq ft. and 2.) Freestanding 1,500 sq ft secondary building. Building 1 and building 2 are currently leased through at...

Source: MIBOR as distributed by MLS GRID, MLS ID: 22103017

Listing provided courtesy of Mark Linder 317-881-2100 with CENTURY 21 Scheetz

Last Updated: 5/22/2026 | 4:22 PM

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About the Neighborhood

Greenwood offers a peaceful environment with generally low traffic noise, creating a calm atmosphere for residents. The neighborhood includes a variety of housing options, primarily two and three-bedroom single detached homes with construction dating from the early 1990s. Educational needs are well supported, with numerous primary schools nearby and both public and private options available for secondary education. Dining options are plentiful, featuring over 100 restaurants throughout the city. Parking is convenient, making transportation straightforward for residents. While bike lanes are limited due to the terrain, the presence of some green spaces provides pleasant outdoor opportunities close to home.

Learn more about

Greenwood Market Report

Avg. Days on Market

Avg. Price Per Sq. Ft.

172.09

Median List Price

$379,000

Homes Listed

408

Frequently Asked Questions

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

(317) 954-4768

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