Greenwood, IN

Population: 53,665
Average annual home appreciation rate: 5.87%
Total of homes for sale in this market: 346
Median home price: $137,806
Median Rent: $873 per room
Home price range: 63.50% of homes are between $104,001 – $209,000
Median sales price: Still gathering data
Number of homes: 191
Median foreclosure sales price: Still gathering data
Foreclosure discount: Still gathering data
Most common home type: 57.97% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 8.45%
Number of renters: 40.11%
Number of owner occupied: 59.89%
Number people living below poverty level: 14.21%
Unemployment rate: 4.20%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Greenwood area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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