Greenwood, IN Real Estate

According to census data in the year 2000 there were 15,972 housing units in Greenwood. This represents a 40.1% growth from 11,399 in 1990.

Of those housing units, 15,972 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Greenwood is about 62.5%. Greenwood's vacancy rate, including seasonal lodging, is about 6.9%. Average household size is 2.37 people.

The majority of houses, apartments or condos in Greenwood were built after 1980.


Housing Size

Housing Units by Size
Studio Type2.30%
One Bedroom14.60%
Two Bedrooms29.90%
Three Bedrooms39.20%
Four Bedrooms13%
Five Bedrooms or more1.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.65
Median year structure was built1981
Median Value of occupied units$116,400
Median Price asked for vacant units$114,600

Rented Homes, Apartments and Condos

Average Household Size1.9
Median year structure was built1979
Median Monthly Rent asked for vacant units$564

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.80%
Second Mortgage12.30%
Home Equity Loan12.20%
Simple Mortgage56.70%
Debt Free18%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.8%