Greensburg, IN home prices
Typical home $256,716 · +5.1% in a year · income needed $70,400
The Greensburg, IN metro area ranks 430 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +5.1% in a year and +29.9% over five years. With 20% down at 7.11%, the typical home costs about $1,642 a month including 0.62% property tax (Decatur County rate).
Mortgage on the typical Greensburg home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $51,343 | $205,373 | $1,382 | $0 | $261 | $1,642 | $70,400 |
| 10% down | $25,672 | $231,045 | $1,554 | $96 | $261 | $1,911 | $81,900 |
| 5% down | $12,836 | $243,881 | $1,641 | $102 | $261 | $2,003 | $85,800 |
| 3.5% down (FHA) | $8,985 | $252,067 | $1,696 | $114 | $261 | $2,070 | $88,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.62% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Greensburg area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Decatur County, IN | $256,719 | +5.2% | 0.62% |
What can you afford in Indiana on your salary? · Indiana home prices · Salaries in Indiana
Frequently asked questions
How much is a house in Greensburg?
The typical home in the Greensburg, IN metro area is worth $256,716 (Zillow, September 2026).
What salary do you need to buy a house in Greensburg?
About $70,400 a year for the typical home with 20% down at 7.11%.