Cheap Homes in Greenfield, IN

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Top Reasons To Live In Greenfield, IN In 2024

Greenfield is located in Hancock, Indiana, with an estimated municipal population of 23,006 residents. All of the best foreclosed homes for sale in Greenfield are located in the following zip code areas on 46140. The estimated population per square kilometer (.62 miles) in Greenfield is 655.

Cost Of Living In Greenfield, IN

So, about how much do homes cost in Greenfield? The most recent median value of resident-owned homes in Greenfield is 138,787. An estimated 61.4 percent of households in Greenfield own their homes, with an average family size of 3.04. The median household income in Greenfield is 53,270, with17.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Greenfield, the median commute time of resident workers (in minutes) is 24.2. And last, but certainly not least, are you looking for homes to rent in Greenfield? If so, the average rent price paid by renters in Greenfield is 867, according to recent statistics.

Diversity And Demographics In Greenfield, Indiana

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Greenfield, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Greenfield is 37.9, split between 47.5 percent male versus 52.5 female. The percentage of residents who report being married in Greenfield is 49.7, with an average family size of 3.04.

The percentage of residents who report their race in Greenfield is as follows:

White 97.4%
Black / African American 0.4%
Asian 0.9%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.3%
Other 0.1%

Looking for family-friendly neighborhoods in and/or near Greenfield? Or maybe you are searching for 55+ active adult communities in and/or near Greenfield?

The percentage of residents who report their age in Greenfield is as follows:

Under 10 12.4%
Aged 10-19 11.1%
20s 16.3%
30s 13.8%
40s 9.9%
50s 11.6%
60s 11.7%
70s 7.5%
80+ 5.8%

Best Schools In Greenfield, Indiana

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Greenfield with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Greenfield.

Pros And Cons Of Living In Greenfield, Indiana

How do you know that living in -- or moving to -- Greenfield is right where you need to be? Perhaps you grew up in Greenfield or already live nearby; therefore, the decision to buy a home in Greenfield is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Greenfield for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Greenfield:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Greenfield.

Reasons To Move To Greenfield, Indiana, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Greenfield can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Greenfield, meanwhile, can field multiple offers from more qualified buyers.

Cheap Homes in Greenfield, IN


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