Greenwood, IN

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Greenwood short-term rental market based on reliable data.

Listings

44 / 106

Reliable / Active

Cap Rate

12%

Middle-Earners Gross Yield

Revenue

$39,706

Middle-Earners Revenue

Occupancy

69%

Middle-Earners Occupancy

Home Value

$320,957

Median Home Sale Price

Top Earners

$64,474

Top-Earners Revenue

Greenwood

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Greenwood.

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C

Challenging to Investors

Greenwood Regulations

Short-term rentals are generally permitted in Indiana unless locally prohibited, but Greenwood’s specific STR ordinances, fees, caps and inspection requirements are unknown, creating compliance uncertainty and moderate risk for investors.

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About Greenwood

Greenwood is a city in Johnson County, Indiana, United States. The population was 63,830 at the 2020 Census. Greenwood is located southeast of central Indianapolis between Indiana State Road 37 and Interstate 65. The city shares a border with Indianapolis and is the most populous suburban municipality in the southern portion of the Indianapolis Metropolitan Area.

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