Market Overview
Home Prices in Greentown, IN
The median home value in Greentown, IN is $253,381 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.1% compared to a year ago and up 7.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Greentown are priced38% below average. Greentown is part of the Kokomo, IN metro area.
Over the past five years, Greentown home values have risen by approximately38.6%, reflecting strong long-term appreciation in this market.
Price History
Greentown Home Price Trend
City Comparison
Greentown vs. National Median
At $253,381, homes in Greentown cost 38% below the national median of $410,000. This makes Greentown a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Greentown?
20% Down Payment
$50,676
on $253,381
Monthly P&I
$1,321/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,678/mo
incl. taxes & insurance
Income Needed
$67,120
gross annual (30% rule)
10% Down Option
$25,338
+ PMI applies
Loan Amount (20% dn)
$202,705
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 Greentown, IN?
The median home value in Greentown is $253,381 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.1% year-over-year.
How much have home prices changed in Greentown?
Over the past year, home values in Greentown have increased by 5.1%. Over five years, prices have risen approximately 38.6%.
How much do I need to earn to buy a home in Greentown?
To comfortably afford the median home price of $253,381 with a 20% down payment ($50,676) at today's rates (6.8%), you'd need a gross annual income of approximately $67,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Greentown compare to the national average home price?
The national median home value is approximately $410,000. At $253,381, homes in Greentown are 38% below the national average.
What metro area is Greentown part of?
Greentown is part of the Kokomo, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.