Updated: November 8, 2026 · By Mark Dietel, Broker/Owner, Mark Dietel Realty · 5-minute read
Quick answer: Greenwood, Indiana is two markets: ZIP 46142 reads seller's and ZIP 46143 reads buyer's, by Mark Dietel Realty's cutoffs for sale price against original list price (98% or more seller's, 96% to under 98% balanced, under 96% buyer's). Both are late-September three-week averages, so season matters.
What we analyzed: Indiana REALTORS Housing Hub figures for ZIP Codes 46142 and 46143 and Johnson County, as published, pulled October 12, 2026. Sales and prices cover July to September 2026. Days on market and supply cover September 2026. Price cuts and sale price against original list price (the first price a home was listed at) are three-week averages for the week of September 28, 2026. Year-over-year changes are as the Hub publishes them, against the same period a year earlier.
This page puts every Greenwood number in one place, with both ZIPs beside Johnson County for the same period. Each gets one sentence on what it means and a link to the page that explains it.
Key takeaways
- Against original list price, 46142 reads seller's and 46143 reads buyer's, on a late-September three-week average.
- Both Greenwood ZIPs have more homes for sale than a year ago.
- Almost six in ten Greenwood listings had cut their price by late September.
What are the Greenwood numbers, ZIP by ZIP?
Exact figures are in the table, and the sections below explain each one.
Greenwood scoreboard: ZIP 46142, ZIP 46143 and Johnson County
| Measure | ZIP 46142 | ZIP 46143 | Johnson County |
|---|---|---|---|
| Median sale price (Jul to Sep 2026, 3-month average) | $315,000 | $355,750 | $335,000 |
| Closed sales (Jul to Sep 2026) | 109 | 300 | 738 |
| Median days to pending (Sep 2026) | 17 | 28 | 30 |
| Months of inventory (Sep 2026) | 2.4 | 2.9 | 2.7 |
| Homes for sale (Sep 2026) | 85 | 242 | 576 |
| Listings with a price cut (week of Sep 28, 2026) | 59.0% | 58.6% | 57.5% |
| Sale price as % of asking price (Jul to Sep 2026) | 97.1% | 95.7% | 95.9% |
| Sale price as % of original list price (3-week average, week of Sep 28, 2026) | 98.8% | 94.8% | 95.8% |
What does this mean for a Greenwood home at your price?
Hypothetical example, not a Greenwood sale: owners of two homes in the same ZIP at different prices should each ask how their own price range sits against the first table.
Our view at Mark Dietel Realty: A town or ZIP-wide number is where the conversation starts. Your price range puts you in your own market. A $250,000 home and a $500,000 home in the same ZIP are not competing for the same buyers or against the same listings, and may not get the same answer.
What did Greenwood homes sell for?
Homes in 46143 sold for a median of about $356,000, above the county, while 46142 came in near $315,000, below it. Both ZIPs sat below last year's median, as published, and the drop was larger in 46143 than in 46142. See pricing below market in Greenwood for how that plays out.
How fast are Greenwood homes going under contract?
In September, the median home in 46142 reached pending, meaning a seller had accepted an offer, in 17 days, ahead of 46143 and the county. If you list in 46142, that is the pace to compare against your own first weeks, and a longer wait there is a signal to review your price. See how long it takes to sell in Greenwood.
How many Greenwood sellers are cutting their price?
In late September, almost six in ten listings in each ZIP carried a price cut, close to the county share. For a 46143 owner, with more supply and a buyer's reading, a first price set against recent sales carries the most weight. See why homes are not selling in Greenwood.
How much supply is there compared with last year?
Months of inventory, how long today's homes for sale would last at the recent sales pace, rose in both ZIPs, and 46143 rose more. With more supply, a new listing competes with more homes for the same buyers, which fits the buyer's reading there. See should you sell now or wait and what your home is worth next to a new build.
Is Greenwood a seller's or buyer's market, ZIP by ZIP?
Against original list price, 46142 sold at about 99%, a seller's reading, and 46143 at about 95%, a buyer's reading. For 46143, more months of inventory fits that reading. In 46142 supply also rose from last year, so its reading rests on sale prices, not scarcity. Johnson County reads buyer's. This is a ZIP-wide call from a late-September window. See the full Greenwood market story.
How do closed sales and asking-price figures compare?
Closed sales rose in 46143 and fell in 46142 against last year. Over three months, 46142 sold at about 97% of asking price and 46143 at about 96%, so both sold near the asking price. Homes for sale rose in both ZIPs, and rose more in 46143.
Change from the same period a year earlier, as published by the Hub
| Measure | ZIP 46142 | ZIP 46143 | Johnson County |
|---|---|---|---|
| Median sale price (3-month average) | -3% | -7% | -2% |
| Closed sales (3 months) | -3% | +17% | +5% |
| Median days to pending (Sep) | -36% | -28% | +4% |
| Months of inventory (Sep) | +17% | +39% | +19% |
| Homes for sale (Sep) | +16% | +33% | +15% |
Should you sell now? What favors you and what works against you
Reading the Greenwood numbers as a seller
| Favors a seller | Works against a seller |
|---|---|
| 46142: reached pending in 17 days, ahead of 46143 and the county | 46143: more months of inventory than 46142 and a buyer's reading |
| 46142: sold near the original list price on a three-week average | Both ZIPs: almost six in ten listings carried a price cut |
| 46143: closed sales rose against last year | Both ZIPs: median sale price below last year and homes for sale up |
How we read it: 46142 reads seller's, so an owner there with a well-priced home has the stronger hand. 46143 reads buyer's, so an owner there should expect to negotiate and to price against more supply. Your price range and condition decide which column weighs more.
Who this page isn't for
Owners outside ZIP Codes 46142 and 46143 should look at their own town page. These figures are ZIP-wide medians and averages from one period, so a home far from the typical price or size may see different results, and a ZIP reading is not a prediction for your sale. This is general information, not legal, tax or appraisal advice.
What to do next
Request a seller net sheet to see costs and proceeds under each way to sell. Mark Dietel Realty has helped 31 sellers in Greenwood since November 6, 2024.
Prefer to talk? Call (317) 426-9911. Mark Dietel Realty has offices in Southside Indianapolis, Greenwood and Bloomington.
Frequently asked questions
Which Greenwood ZIP Code sells faster?
The Housing Hub shows 46142 reaching pending faster than 46143 in September 2026. A ZIP median says little about your home, which depends on its price.
Are Greenwood home prices down from last year?
The Housing Hub shows the three-month median sale price below last year in both ZIPs and in Johnson County, as published. The second table shows the size of each change.
Is it harder to sell in Greenwood now than last year?
More homes are for sale than a year ago in both ZIPs, so buyers have more choices. Closed sales rose in 46143 and fell in 46142. Pricing matters more when buyers compare more homes.
Where do these Greenwood numbers come from?
They come from the Indiana REALTORS Housing Hub, a public dashboard, pulled October 12, 2026. We report each figure as published, with its period.
Is Greenwood a seller's or buyer's market?
It depends on the ZIP. By our cutoffs, 46142 reads seller's and 46143 reads buyer's against original list price, on a three-week average from late September. One reading is not a forecast for your sale, so price your own home against recent sales of similar homes nearby.
This is general information, not legal or tax advice. Market statistics describe past sales and do not predict any future price.
Mark Dietel Realty - offices in Indianapolis (Southside), Greenwood and Bloomington, Indiana.
Sources
- Indiana REALTORS Housing Hub, ZIP 46142 (pulled October 12, 2026)
- Indiana REALTORS Housing Hub, ZIP 46143 (pulled October 12, 2026)
- Indiana REALTORS Housing Hub, Johnson County (pulled October 12, 2026)
- Mark Dietel Realty closed seller-side deals in Greenwood, November 6, 2024 to November 6, 2026
