Similar to other places in this area, it is somewhat less expensive compared to the country as a whole. Compared to the city of Bloomington, it is a bit less expensive.
Home prices
The median home value in Greenwood is $155,300. Compared to other places in this area it is roughly $7,220 (4%) higher.It is roughly $62,200 (28%) lower in comparison to the nation as a whole, and compared to the city of Bloomington it is roughly $45,400 (22%) lower.
Rents
The median monthly rent in Greenwood is $982. It is approximately $27 (2%) lower in comparison to the surrounding areas.It is about $80 (7%) lower compared to the rest of the country, and in comparison to the city of Bloomington is roughly $65 (7%) higher.
Nearby places
New Whiteland
New Whiteland is Greenwood's neighbor to the south. Real estate prices there are substantially less expensive. New Whiteland's median home value is $97,100, which comes out to $58,200 (59%) lower than Greenwood. Its rents are a bit less expensive. The median monthly rent in New Whiteland is $884, which works out to $98 (11%) lower than Greenwood.
Whiteland
Whiteland is Greenwood's neighbor to the southeast. Housing prices there are somewhat less expensive. Whiteland's median home price is $141,300, which is $14,000 (9%) lower than Greenwood. Its rents are fairly similar. Whiteland's median rent is $1,007 per month, which works out to $25 (2%) higher than Greenwood.
Bargersville
Bargersville is Greenwood's neighbor to the southwest. Housing prices there are somewhat more expensive. Bargersville's median home cost is $219,100, which comes out to $63,800 (29%) higher than Greenwood. Its rents are similar. Bargersville's median rent is $983 per month, which is very similar to Greenwood.
Southport
Southport is approximately 3 miles north from Greenwood. Real estate prices there are somewhat less expensive. The median home in Southport is valued at $134,700, which comes out to $20,600 (15%) lower than Greenwood. The rent there is pretty similar. In Southport the median monthly rent is $1,006, which works out to $24 (2%) higher than Greenwood.
Homecroft
Homecroft is approximately 4 miles north from Greenwood. Housing prices there are fairly similar. Homecroft's median home price is $148,200, which is $7,100 (4%) lower than Greenwood. Rents there are a bit more expensive. In Homecroft the median monthly rent is $1,167, which is $185 (15%) higher than Greenwood.
