Is Greenville, IN 47124 a buyer’s or seller’s market?
Greenville is a seller’s market. With about 2.7 months of supply and 16% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 40% of U.S. ZIP codes, and #220 of 306 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Greenville housing market right now
In the three months ending August 31, 2026, 16% of homes in Greenville, IN 47124 sold above their list price, the typical home went under contract in 50 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 20 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 11%, homes sold faster (60 days then) and the median sale price fell 13% to $349,849. Overall, Greenville is more competitive than a year ago, so tougher for buyers.
On our competition score, Greenville ranks #220 of 306 IN ZIP codes with enough sales (score 41 out of 100).
Nearby, buyers who want less competition could look at Georgetown 47122 (12% sold over asking) or New Albany 47150 (14% sold over asking), while Floyds Knobs 47119 (20% sold over asking) is even more competitive.
Run the numbers for 47124
Nearby markets
Floyds Knobs 47119Balanced $167 /sq ftGeorgetown 47122Seller’s market $164 /sq ftNew Albany 47150Seller’s market $152 /sq ft Browse all markets →Towns like Greenville nearby
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Questions about Greenville real estate
Is Greenville a buyer’s or seller’s market?
A seller’s market: there were 2.7 months of supply in Greenville, IN 47124 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Greenville?
The typical home went under contract in 50 days in the latest three months.
Do homes in Greenville sell over asking?
16% of homes sold above their original list price, and the typical sale closed at 97.9% of the list price.
What are property taxes in Greenville?
About 0.69% of a home’s value a year in Floyd County, or roughly $2,760 on a $400,000 home.
What is the median home price in Greenville?
The median sale price was $349,849 in the three months ending August 31, 2026, about $173 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology