Market Overview
Home Prices in Greensburg, IN
The median home value in Greensburg, IN is $270,079 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5% compared to a year ago and up 4.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Greensburg are priced34% below average. Greensburg is part of the Greensburg, IN metro area.
Over the past five years, Greensburg home values have risen by approximately34.4%, reflecting strong long-term appreciation in this market.
Price History
Greensburg Home Price Trend
City Comparison
Greensburg vs. National Median
At $270,079, homes in Greensburg cost 34% below the national median of $410,000. This makes Greensburg a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Greensburg?
20% Down Payment
$54,016
on $270,079
Monthly P&I
$1,409/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,789/mo
incl. taxes & insurance
Income Needed
$71,560
gross annual (30% rule)
10% Down Option
$27,008
+ PMI applies
Loan Amount (20% dn)
$216,063
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Greensburg, IN?
The median home value in Greensburg is $270,079 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5% year-over-year.
How much have home prices changed in Greensburg?
Over the past year, home values in Greensburg have increased by 5%. Over five years, prices have risen approximately 34.4%.
How much do I need to earn to buy a home in Greensburg?
To comfortably afford the median home price of $270,079 with a 20% down payment ($54,016) at today's rates (6.8%), you'd need a gross annual income of approximately $71,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Greensburg compare to the national average home price?
The national median home value is approximately $410,000. At $270,079, homes in Greensburg are 34% below the national average.
What metro area is Greensburg part of?
Greensburg is part of the Greensburg, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.