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Greenwood

Greenwood

Located in Johnson County

$296,260 Average Value
$162 Average Price per Sq Ft
290 Homes For Sale

Open for business: a growing family-friendly city south of Indianapolis

About 15 miles south of downtown Indianapolis, Greenwood offers small-town Indiana vibes with rapidly growing suburban life in Johnson County. Greenwood’s population has more than doubled since 1990, with more than 63,000 residents now calling the city home. “Greenwood’s not a new town. It’s been here a long time,” says Devina Cagle, a Greenwood resident and Realtor with Indy House and Home, LLC. “It’s kept its small-town charm, but it’s definitely growing and modernizing. That points to the fact we are tapping into what’s on the horizon, and we’re looking forward.”
Consistent with the increasing manufacturing output in Indiana, many local jobs are in the industrial sector: Greenwood is home to the U.S. headquarters of Swiss laboratory instrument maker Endress+Hauser and an Amazon fulfillment center. Business owners have reason to settle in Greenwood: the G.R.O.W. Greenwood Initiative matches funds to upgrade local storefronts, and Indiana was named the best state to start a business by “Forbes” in 2023.

Stunning aerial views along Greenwoods Old Town Historic District.
Stunning aerial views along Greenwoods Old Town Historic District.
Enjoy shopping and dining along the quaint streets of Greenwoods Old Town Historic District.
Enjoy shopping and dining along the quaint streets of Greenwoods Old Town Historic District.
Browse for something great to read at the Johnson County Public Library in Greenwood.
Browse for something great to read at the Johnson County Public Library in Greenwood.
Four Seasons Family Restaurant in Greenwood has American comfort food.
Four Seasons Family Restaurant in Greenwood has American comfort food.
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Affordable single-family homes compared to other cities around Indianapolis

The median home price in Greenwood is around $320,000, about $75,000 higher than in Indy’s South Perry Township, across County Line Road. However, the cost is considerably lower than in Indy’s northern suburbs, where the median price climbs above $400,000 in most cases. “I think people pit north side versus south side, but it’s not like that,” Cagle says. “It’s just the way Indianapolis has developed. The south side is a bit more rural. It’s more country. But the affluence is the same; make no mistake about it.” Condos and mid-century ranch-style homes are priced around $150,000, while large contemporary custom houses in subdivisions west of U.S. Highway 31 sell between $400,000 and $675,000.

The homes in Greenwood are known for their unique designs.
The homes in Greenwood are known for their unique designs.
The median home price in Greenwood, IN is $344,900 south of Indianapolis.
The median home price in Greenwood, IN is $344,900 south of Indianapolis.
Find your perfect home with stylish and modern townhomes in Greenwood.
Find your perfect home with stylish and modern townhomes in Greenwood.
Discover comfortable and convenient living with a variety of apartments in Greenwood.
Discover comfortable and convenient living with a variety of apartments in Greenwood.
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Easy access to Interstate 65 key to Greenwood's growth

U.S. Highway 31 runs through the heart of Greenwood, going north to Indianapolis and south to Franklin. Direct access to Interstate 65, which runs east of the city, has been instrumental to Greenwood’s growth, making it possible to reach downtown Indy within 30 minutes and Louisville or Cincinnati within two hours.
Public transportation is available on Access Johnson County buses, all of which are wheelchair accessible. Indy South Greenwood Airport is used for private flights, so most residents drive 20 miles to Indianapolis International Airport for long-distance travel.
Greenwood averages 16 inches of snowfall annually, so to maintain functionality in wintery weather, Greenwood’s snow removal services aim to plow all roads within 24 hours of snowfall.

Greenwood in Indianapolis, IN, is known for its beautiful views and serene atmosphere.
Greenwood in Indianapolis, IN, is known for its beautiful views and serene atmosphere.
Public transportation access, made easy for Greenwood residents.
Public transportation access, made easy for Greenwood residents.
Step out to explore the charm of Greenwood's Old Town Historic District.
Step out to explore the charm of Greenwood's Old Town Historic District.
Residents of Greenwood can shop at their local Krogers, for their grocery needs.
Residents of Greenwood can shop at their local Krogers, for their grocery needs.
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From waterslides to sledding: outdoor recreation for all seasons

The city has more than 400 acres of outdoor space spread across 17 parks, plus more than 20 miles of trail. While not everyone lives within walking distance of a park, the trails are more evenly dispersed throughout the city. The largest park is centrally located Craig Park, a 27-acre space with tennis courts and a playground. Additionally, the city plans to build a new sports complex primarily for baseball and softball. Greenwood residents use the recently updated Northeast Skatepark as well as a shared community garden. Families flock to the sledding hill at Freedom Park when snow falls and the waterslides at Freedom Springs Greenwood Aquatics Park when the sun shines. Locals also enjoy more than a half-dozen area golf courses when the weather permits.

Residents enjoy the morning pickleball leagues at the Greenwood Fieldhouse in Greenwood, IN.
Residents enjoy the morning pickleball leagues at the Greenwood Fieldhouse in Greenwood, IN.
Freedom Park Aquatics Park is open to the public during the summer with water slides.
Freedom Park Aquatics Park is open to the public during the summer with water slides.
A popular activity each morning at the Greenwood Fieldhouse is Pickle Ball.
A popular activity each morning at the Greenwood Fieldhouse is Pickle Ball.
Craig Park features a playground in the neighborhood of Greenwood
Craig Park features a playground in the neighborhood of Greenwood
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A trio of school districts teach Greenwood’s students

Three school districts operate in the area: Greenwood Community, Center Grove and Clark-Pleasant. Center Grove Community School Corporation scores an A on Niche and is ranked as the No. 1 Best School District in Johnson County, excelling in athletics and boasting a 97% average graduation rate. Center Grove’s district is in the far western portion of Greenwood near State Road 135. Greenwood Community School Corporation enrolls the majority of the city’s kids and earns a B-rating, with students attending B-rated Greenwood Community High School. Students in the southeastern part of town attend B-rated Clark-Pleasant Community Schools, including New Whiteland Community High School.

Reliable bus transportation for Greenwood students.
Reliable bus transportation for Greenwood students.
Center Grove High School provides education in the neighborhood of Francis-Stones Crossing
Center Grove High School provides education in the neighborhood of Francis-Stones Crossing
Greenwood Community High School
Greenwood Community High School
Greenwood Middle School provides education in the neighborhood of Greenwood
Greenwood Middle School provides education in the neighborhood of Greenwood
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Greenwood Park Mall is one of the largest in the state

With nearly 150 stores and restaurants, Greenwood Park Mall is the largest shopping mall on the south side of Indy’s metropolitan area and the second largest in the state. But the mall isn’t the full extent of Greenwood’s shopping and dining scene. The Old Town Historic District, located along the Madison Avenue corridor that served as the original path of U.S. 31, is a major source of Greenwood’s small-town charm. Residents shop at Old Town Historic District’s small businesses and stroll with their dogs at the Greenwood Farmers Market on Saturdays. Greenwood is home to several craft breweries and an array of locally owned eateries. “It’s not the plethora of crowded establishments you’ll have in Downtown Indy or on the north side,” Cagle says. “Here, you’re going to go out to dinner and know people in there. It’s just that kind of feel.”

Shop until you drop at the Greenwood Park Mall.
Shop until you drop at the Greenwood Park Mall.
House beers pair with a wide variety of hearty American fare at the Oaken Barrel.
House beers pair with a wide variety of hearty American fare at the Oaken Barrel.
Greenwood Park Mall offers a variety of stores, dining, and entertainment options.
Greenwood Park Mall offers a variety of stores, dining, and entertainment options.
There are many unique stores to visit at the Greenwood Park Mall south of Indianapolis.
There are many unique stores to visit at the Greenwood Park Mall south of Indianapolis.
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Locals gather in Festival Country

Johnson County dubs itself “Festival Country,” and Greenwood is part of that scene. The summer and fall concert series at the Greenwood Amphitheatre in Craig Park is a Saturday night staple. Freedom Fest brings 50,000 people together to enjoy fireworks and honor veterans during the final weekend of June. Greenwood Public Library hosts author talks and book clubs year-round. Additionally, movie buffs can head to the Regal, which is right by Greenwood Park Mall.

Freedom Park features tennis courts in the neighborhood of Greenwood
Freedom Park features tennis courts in the neighborhood of Greenwood
The Oaken Barrel in Greenwood, IN is famous of it's Hoosier Tenderloin.
The Oaken Barrel in Greenwood, IN is famous of it's Hoosier Tenderloin.
Enjoy a round of golf at Valle Vista Golf Club in Greenwood.
Enjoy a round of golf at Valle Vista Golf Club in Greenwood.
Yiayias House of Pancakes in Greenwood is a cozy option for homestyle breakfast and lunch.
Yiayias House of Pancakes in Greenwood is a cozy option for homestyle breakfast and lunch.
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Mall influences crime stats, while tornadoes are an occasional concern

Greenwood’s 2023 violent crime rate was less than half the national average. The property crime rate, influenced by shoplifting instances at Greenwood Park Mall, was slightly above the average national. After officer shortages in years past, Greenwood Police Department has prioritized ensuring its full-time positions are fully staffed.
Tornadoes are an occasional concern for area residents. An EF3 tornado caused $25 million in property damage in 2002, and another EF3 that touched down in neighboring New Whiteland in 2023 caused more than $6 million in property damage.

The Greenwood Fire Department proudly serves to its community.
The Greenwood Fire Department proudly serves to its community.
Welcome to the city of Greenwood, IN.
Welcome to the city of Greenwood, IN.
Rows of homes in Greenwood are framed by the rich hues of fall
Rows of homes in Greenwood are framed by the rich hues of fall
Experience the rich history and unique charm of Greenwood's Old Town Historic District.
Experience the rich history and unique charm of Greenwood's Old Town Historic District.
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Alex Hickey
Written By
Alex Hickey
Anna Cheng
Photography Contributed By
Anna Cheng
Maurice Boone
Video By
Maurice Boone

Interested in learning more about homes in this area? Reach out to Rachel Blacklidge, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Greenwood Housing Trends

Housing Trends

Median List Price
$350,997
Median Sale Price
$322,500
Median Single Family Sale Price
$350,000
Median Townhouse Sale Price
$269,250
Median 2 Bedroom Sale Price
$220,000
Median Change From 1st List Price
3%
Last 12 months Home Sales
1,413
Median Home Sale Price YoY Change
$0
Average Price Per Sq Ft
$162

Neighborhood Facts

Number of Homes for Sale
290
Months of Supply
2.50

Open Houses

  • Sunday, Jun 22
    12 - 2pm

    1143 Hampton Dr, Greenwood, IN 46143

    $549,900

    • 5 Beds
    • 3.5 Baths
    • 3,739 Sq Ft
    • 1143 Hampton Dr
    • New 2 days ago

    Welcome Home To This Spacious And Beautifully Updated 5-Bedroom, 3.5 Bath Home Offering Over 3,700 Square Feet Of Finished Living Space, Including A Full Finished Basement! A Large Covered Front Porch Welcomes You Into A Thoughtfully Designed Interior Featuring Hardwood Floors Throughout Most Of The Main Level. The Heart Of The Home Is A Chef's Dream Kitchen With A Massive Center Island,

    Jamie Brown CENTURY 21 Scheetz

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  • Saturday, Jun 21
    10am - 12pm

    1221 Hamilton Dr, Greenwood, IN 46143

    $425,000

    • 4 Beds
    • 2.5 Baths
    • 3,186 Sq Ft
    • 1221 Hamilton Dr
    • New 8 days ago

    Nestled at 1221 Hamilton DR, GREENWOOD this single-family residence presents an attractive opportunity within a desirable location close to I65. This property is in great condition and awaiting its next chapter. The heart of this home is undoubtedly the living room, featuring a fireplace which serves as a focal point, providing warmth and ambiance for relaxing evenings spent in quiet

    Becky Gluff Keller Williams Indy Metro S

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  • Sunday, Jun 22
    1 - 3pm

    852 Yellowwood Dr, Greenwood, IN 46143

    $319,900

    • 3 Beds
    • 2.5 Baths
    • 2,150 Sq Ft
    • 852 Yellowwood Dr
    • New 10 days ago

    Opportunity is knocking on this spacious home in Brentwood. Large living room with vaulted ceilings and gas fireplace opens to the dining area and kitchen. Kitchen offers center island, and pantry. Great room is awash in natural lighting with homework station and access to deck. Primary bedroom offers walk in closet and private full bath. Second and third bedrooms split by refreshed hall full

    Ryan Moriarty Weichert, Realtors-Tralee Prop

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value



Source: Public Records

Property Mix - Square Feet

Weather

Annual Precipitation
43''
Average Winter Low Temperature
21°F
Average Summer High Temperature
85°F
Annual Snowfall
16''
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Greenwood
Rachel Blacklidge
The Modglin Group
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