Greenwood characterized by relative affordability, highway access
Greenwood is a fast-growing suburban community just south of the Indianapolis city limits that offers convenient commutes to the capital city and relative affordability. Most notably, Johnson County has some of the lowest property taxes in the Indianapolis metro area, and the southern suburbs are generally considered more affordable than the northern suburbs. Residents enjoy access to highly rated schools and an abundance of shopping and dining.
Stunning aerial views along 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.
Four Seasons Family Restaurant in Greenwood has American comfort food.
1/4
A mix of new, old homes more affordable than northern suburbs
Greenwood offers the new and ongoing construction of contemporary homes in walkable subdivision settings that has come to characterize the growing suburbs of Indianapolis. Most HOA fees are under $75 per month. They are a little higher for townhouses and condos. The community however, offers a variety of older, non-HOA housing. Ranch-style homes on spacious lots are prominent, while other options include homes designed in traditional architectural styles on tree-filled streets in established neighborhoods such as Old Town. Golf course homes and waterfront properties are also available. While manufactured homes and fixer-uppers can be found for under $100,000, prices typically range from the low $100,000s to $700,000-plus within the city limits. Large custom homes and acreage homes on the outskirts of town can list for $1 million or more. “Greenwood is less expensive than the northern suburbs,” says Angi Oakes , an associate broker with Berkshire Hathaway Indiana Realty who has sold dozens of homes in the city. “Same amenities, but lower price points.” Oakes adds that while a “well-positioned, well-priced property” can sell quickly, the market doesn’t cater to either buyer or sellers. “There are opportunities for both,” she says. On average, homes sell in 39 days, 16 days faster than the national average. Greenwood’s median sales price in the mid-$300,000s is a bit higher than neighboring Franklin.
The homes in Greenwood often grace quiet streets.
The median home price in Greenwood is in the mid-$300,000s.
Find stylish and modern townhomes in Greenwood.
Discover comfortable and convenient living with a variety of apartments in Greenwood.
1/4
Located near Interstates 65 and 69 for commutes into Indianapolis
Greenwood is conveniently located for travel along Interstate 65 and Interstate 69. Commuting via I-65, which runs through the city’s east side, is the more direct route downtown. “It it’s just a regular day, it’s a 15-minute drive,” Oakes says. Commuters on the west side can hop on I-69, connect to Interstate 465 and loop around to get to the heart of the city. “It drops you off right behind Lucas Oil Stadium," Oakes says. Greenwood is part of Central Indiana’s logistics and transportation hub, and Amazon is a key employer on the outskirts of town near I-65. U.S. Highway 31 runs through the heart of the community and connects residents to the south side of Indianapolis and neighboring Franklin, the Johnson County seat. Public transportation to local points of interest is available via IndyGo buses.
Greenwood in Indianapolis, IN, is known for its beautiful views and serene atmosphere.
Public transportation access, made easy for Greenwood residents.
Step out to explore the charm of Greenwood's Old Town Historic District.
Residents of Greenwood can shop at their local Kroger.
1/4
Multiple highly rated school districts serve Greenwood
Most of the city is served by the Greenwood Community School Corporation, a highly rated district. Upgrades to Greenwood High School and two elementary campuses are part of a $10 million bond initiative approved in 2025. Western Greenwood is part of the Center Grove Community School Corporation, the highest-rated district in Johnson County. Both allow students to apply for transfers to schools within their respective districts, as well as to schools outside of their districts. “If you have an athlete in the family, you go to Center Grove. If you’re a band kid, you go to Greenwood,” Oakes says. A small portion of Greenwood’s southeast side is served by the Clark-Pleasant Community School Corporation.
Reliable bus transportation for Greenwood students.
Center Grove High School.
Greenwood Community High School.
Greenwood Middle School.
1/4
Stores and restaurants along U.S. 31, state Road 135 corridors
Greenwood Park Mall is a regional shopping, dining and entertainment destination located along the U.S. 31 corridor. The mall offers a diverse mix of stores and restaurants, and it is home to a popular movie theater. There’s a Kroger and an Aldi on U.S. 31, and a Walmart near I-65. Popular nearby local favorites include Emporium 31 Flea Market, Oaken Barrel Brewing Company and Vino Villa. Indiana state Road 135 is the west side’s commercial corridor. It is lined with restaurants and big-box retailers, including Target and Walmart.
Shop at the Greenwood Park Mall.
House beers pair with a wide variety of hearty American fare at the Oaken Barrel.
Greenwood Park Mall offers a variety of stores, restaurants and entertainment options.
There are many unique stores to visit at the Greenwood Park Mall.
1/4
Greenwood Fieldhouse stands out among city's recreational destinations
Greenwood offers more than 400 acres of parks, miles of trails and more. “One big thing the city has done is take the old Greenwood Middle School and turn it into the Greenwood Fieldhouse,” Oakes says. It has courts for basketball and pickleball and non-traditional amenities such as golf simulators and an indoor soccer field. It is also used for community events, such as having a Taylor Swift Tribute band in concert when the singer came to town for her Eras Tour. “It’s a true multiuse space, something we’ve never had before,” Oakes says. Other popular recreational attractions include:
Greenwood Sports Park, anchored by its state-of-the-art softball/baseball diamonds
Freedom Park, which includes a large playground, aquatic center and disc golf course
Valle Vista Golf Club, a long-running favorite for friendly competition and special events
Residents enjoy the morning pickleball leagues at the Greenwood Fieldhouse.
Freedom Park features aquatic facilities.
A popular activity each morning at the Greenwood Fieldhouse is pickleball.
Craig Park features a colorful playground.
1/4
Freedom Festival at Craig Park is a community highlight
The Freedom Festival at Craig Park is Greenwood’s signature celebration. It is held on the last Saturday of June and typically attracts more than 50,000 people. Holiday-themed events include Breakfast with the Bunny and the Valentine’s Dance at the Greenwood Community Center, and Halloween Fest downtown.
The tennis courts at Freedom Park.
The Oaken Barrel in Greenwood is famous for its Hoosier tenderloin.
Enjoy a round of golf at Valle Vista Golf Club in Greenwood.
Yiayia's House of Pancakes in Greenwood is a cozy option for homestyle breakfast and lunch.
1/4
Written By
Matt Pallister
Photography Contributed By
Anna Cheng
Video By
Maurice Boone
Interested in learning more about homes in this area?
Reach out to
Jerry Gemmecke,
an experienced agent in this area.
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
On average, homes in Greenwood, IN sell after 44 days on the market compared to the national average of 55 days. The median sale price for homes in Greenwood, IN over the last 12 months is $345,000, up 1% from the median home sale price over the previous 12 months.
Welcome home to this beautifully updated 5-bedroom, 3-full-bath home in the desirable Trails at Woodfield neighborhood and Center Grove Schools! With a flexible floor plan, thoughtful cosmetic updates, and an outdoor living space made for entertaining, this home has so much to offer. The main level features an open-concept layout, a dedicated office near the front of the home, and a 5th bedroom
There's still time to enjoy pool season at 4182 Millstream Rd! Move in and take advantage of your own heated in-ground pool before the season comes to an end! Located in desirable Hunter's Pointe, this beautifully maintained 4 bedroom, 2.5 bath home offers 2,452 square feet of living space, which includes a versatile bonus room and a backyard made for entertaining. Inside, you'll find a bright,
Character, privacy, modern comfort, and an incredible setting come together at 1265 Morgantown Road! This distinctive home offers the best of both worlds-peace and privacy while still being conveniently located near major highways, shopping, dining, and the amenities of the city. From the moment you enter, you'll appreciate the character of the home paired with thoughtful modern updates and an
Welcome home to this beautifully updated 5-bedroom, 3-full-bath home in the desirable Trails at Woodfield neighborhood and Center Grove Schools! With a flexible floor plan, thoughtful cosmetic updates, and an outdoor living space made for entertaining, this home has so much to offer. The main level features an open-concept layout, a dedicated office near the front of the home, and a 5th bedroom
Experience the essence of suburban living at 905 Lionshead LN, a beautifully maintained single-family residence in GREENWOOD, IN, built in 1996. This inviting two-story home offers 2348 square feet of thoughtfully designed living space, promising a lifestyle of comfort and convenience. With four bedrooms and two and a half bathrooms, this property provides ample space for relaxation and daily
Looking for a spacious floor plan with LOADS of updates? You've found it! This impressive 2321 sq. ft. two-story home offers 4 bedrooms, 2 1/2 baths, tons of storage, and a 2-car garage-with major updates already taken care of! Recent updates include: * New HVAC - 2022 * Water heater - 2020 * Roof - 2022 * Privacy fence - 2021 * Dishwasher - 2020 * Microwave - 2025 * Windows & exterior doors -
Welcome to easy, one-level living in this 3-bedroom, 1.5-bath ranch-style attached home with **NO HOA and no monthly HOA fees!** The shared wall is located along the garage side, offering a layout that feels comfortable and functional. Set in an established neighborhood with sidewalks and plenty of neighbors out walking and waving to each other, this home offers a great opportunity to make a
Tired of feeling like everyone in the house is on top of each other? This spacious 4-bedroom Spruce model in Greenwood offers the room to spread out, work from home, entertain, and enjoy everyday life without sacrificing personal space. Built in 2018, this popular floor plan is known for its functional flow and flexible living spaces on both levels. The open-concept main floor connects the living
Come enjoy all the space you'll find at this two-story in Country Gate subdivision! The great room welcomes you into the home, and the large family room is sure to please! The breakfast room provides enough space to seat eight, and the large kitchen pantry with utility sink and water softener ensures you'll always have room to store your favorites and necessities. Upstairs you'll find three large
Discover the potential in this 4-bedroom home situated on an almost half-acre lot in Johnson County. The spacious living area features a cozy fireplace, while hardwood flooring extends throughout much of the home. With ample outdoor space and plenty of opportunity to make it your own, this property is ready for its next chapter and would benefit from some TLC.
There's still time to enjoy pool season at 4182 Millstream Rd! Move in and take advantage of your own heated in-ground pool before the season comes to an end! Located in desirable Hunter's Pointe, this beautifully maintained 4 bedroom, 2.5 bath home offers 2,452 square feet of living space, which includes a versatile bonus room and a backyard made for entertaining. Inside, you'll find a bright,
Presenting an exceptional opportunity at 4228 Brocket DR, GREENWOOD, IN, USA. This newly constructed single-family residence, built in 2025, offers a generous 3217 square feet of meticulously designed living space and is presented in great condition, exuding attractive curb appeal. The heart of this home is undoubtedly the kitchen, an open-plan design that seamlessly integrates with the living
Situated at 1986 McCormick DR in GREENWOOD, IN, USA, this 2022-built single family residence presents an attractive property maintained in great condition. The kitchen serves as a central gathering space, distinguished by a large kitchen island, elegant shaker cabinets, and refined crown molding, providing both aesthetic appeal and practical functionality for culinary pursuits. An inviting living
A rare opportunity on Dye's Walk Country Club, where a beautiful golf course setting and a home full of potential come together. Perfectly positioned along the 7th tee and fairway, this all-brick home enjoys peaceful, open views and a setting that is hard to replicate. Offering approximately 2,200 square feet of living space, the one-and-a-half-story floor plan includes 3 bedrooms and 2.5 baths,
One of Johnson County's most extraordinary private estates, this exceptional residence offers a rare opportunity to own one of the area's most distinguished luxury properties. Set behind a gated entrance and approached by a sweeping drive to a stately portico, the home immediately conveys elegance, privacy, and timeless sophistication. Inside, impeccable craftsmanship is showcased through a
Discover your new home at Arlington Farms, newly developed apartments in Greenwood, IN. Situated just moments from Indianapolis, this garden-style luxury apartment community boasts spacious 1, 2, and 3-bedroom floor plans complemented by an array of upscale amenities. Enjoy features including a resort-style heated pool, gourmet grilling stations, inviting fire pits, a state-of-the-art fitness
Welcome to The Fairways at Valle Vista, your new home in the heart of Greenwood, Indiana! Nestled in a vibrant community, The Fairways offers modern, spacious floor plans designed for comfort and convenience. Whether you're relaxing by the pool, staying active at the fitness center, or taking a stroll through our lush landscaped grounds, every day feels like a retreat. Located just minutes from
Welcome to comfortable, and convenient living at Auburn Place in Greenwood, Indiana. Our pet-friendly one, two, and three bedroom apartments and townhomes are thoughtfully designed to both ease and enhance your daily life. All residences feature stylish finishes like fresh appliances and wood-style flooring. You'll also enjoy top-notch community amenities like a swimming pool, clubhouse, and
Westminster Apartments is a people-focused living community that always puts residents first. Offering 1, 2, and 3 bedroom apartments, our floor plans weave together the perfect blend of comfort, style, and accessibility. Residents have access to extensive amenities including a resort-style swimming pool, a private tanning bed, a 24-hour tech center, as well as a beautiful fitness center housed
Welcome to Madison at Greenwood Apartments, where modern comfort meets timeless style in the heart of Greenwood, Indiana. Designed with sophistication and convenience in mind, Madison at Greenwood offers a selection of spacious studio, one-, and two-bedroom apartments featuring contemporary finishes and open layouts that make you feel right at home.Each apartment home includes a
Welcome to Courts of Valle Vista, a serene apartment community in Greenwood, Indiana, nestled alongside the Valle Vista Golf Course. Just minutes from I-65 and I-465, this beautifully landscaped property offers scenic views, walking trails, and direct access to the Greenwood Trails. Choose from spacious one- and two-bedroom floor plans featuring modern finishes like maple cabinets, granite-style
Village Crossing is a uniquely designed community, where you will find the best in modern apartment living at a truly affordable price. Featuring 136 apartments, we are located at the corner of U.S. 31 and Declaration, just behind Kroger.
Welcome home to convenient and comfortable living at the Apartments of St. Andrews. Located minutes from I-65 in Greenwood, you will have the best of Indy's south side right at your back door. St. Andrews is within walking distance to several shops and restaurants, and the Johnson Country transit bus service is available for free transportation around town.The Apartments of St. Andrews
Experience vibrant and independent living at Vita Senior Apartments in New Whiteland. A welcoming retirement community dedicated to a fulfilling lifestyle. Located at 535 Country Gate Drive, our community offers a serene and engaging environment for those 55 and older. We provide a supportive, active setting that encourages social connections, personal growth, and a true sense of belonging.
$1,699 - $1,930 per month
Mansfield Village Townhomes
2 - 3 Beds
1-2 Baths
1,335+ Sq Ft
Located on the south side of Indianapolis, but next door to Greenwood, the townhomes of Mansfield Village offer the best of both worlds in dramatic and spacious floor plans with features normally reserved for luxury homes.Mansfield Village is ideally located on the southside within easy reach of schools, hospitals (Community Hospital South), recreation, and shopping (Greenwood Park Mall).
A rare find, Copper Chase at Stones Crossing is situated perfectly for the crossroads of city and rural living. Our modern, oversized floorplans and unrivaled amenities are sure to compliment any lifestyle. Residents enjoy 24-hour access to our state-of-the-art fitness center, Wi-Fi lounge and business center. Even your dog can get in shape with our Canine Agility Park! For sunbathers, our large
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
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.
