Market Intelligence Report — IN-600

Greencastle, IN

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-IN-09
As of the latest 2026 data
Stabilizing

Median Listing

$322K
+8.4% YoY

Pending Ratio

0.52
-17.6% YoY

Active Inventory

115
+26.4% YoY

Median DOM

45 Days
-3.2% YoY

Primary Intelligence Tool — Sold Score™

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The Greencastle market currently exhibits stabilizing conditions, with a pending ratio of 0.52 indicating balanced demand relative to available inventory. Active listings have expanded by 26.4% over the past year, contributing to this stabilization.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Greencastle market right now.

Over the past year, the Greencastle market has seen a notable increase in active listings, rising by 26.4%, while new listings experienced a slight decline of 4.2%. The median listing price advanced by 8.4% year-over-year, despite a marginal month-over-month contraction of 1.5%. Demand signals are moderating, as evidenced by a 17.6% year-over-year decrease in the pending ratio to 0.52.

Historical Analysis

Market Trends

Median Price

$322K-1.5% MoM

Active Inventory

115+26.4% YoY

Days on Market

45-3.2% YoY

Sold Score™

57-17.6% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

57
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current market dynamics suggest a moderating environment for negotiating leverage. While days on market saw a slight reduction year-over-year, the expansion in active listings and the stabilization of the pending ratio indicate that market participants are experiencing more balanced conditions regarding transaction pace and price discipline. This shift from earlier dynamics provides more opportunities for deliberate decision-making.

Luxury Segment

The average listing price has declined by 3.0% over the past year, contrasting with an 8.4% increase in the median listing price, suggesting a softening at the higher price tiers. However, median $/sqft shows continued appreciation, rising by 7.3% year-over-year.

Supply Dynamics

115 active listings represent the current floor, with new supply arriving at roughly 46 per month.

Pricing Pressure
24.5%

of active listings carry a price reduction, +1.4% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +7.3% year-over-year.

Absorption
0.52

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Greencastle, IN? Inventory is up 26% from last year.

Greencastle, IN is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
52%
Median Days on Market
45 days
Inventory YoY
+26%

Greencastle, IN is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Greencastle, IN
CBSA Code
24600
State
IN

ZIPs in Greencastle, IN

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