House Prices

Somerset Greenwood, IN House Prices & Home Values 2026


Average Data

average house price$290,807
average size per house2592 ft²
average price per ft²116 $ / ft²

06/10/2026 - The value range (VR) for house prices in Somerset Greenwood, IN is $110.2/ sqft to $121.8/ sqft. An average home with 2592 sqft costs approximately $293,351 to $324,230. Greenwood, IN includes 1 ZIP codes and it is located in Johnson county. The lowest prices are found in ZIP 46143, while the highest are in ZIP 46143. The average price per sqare feet is $116. Our analysis is based on 9 property listings.

Avergage prices by ZIP codes Somerset Greenwood

46143114 $ / ft²




Historical development of home values in Somerset Greenwood

Year Estimated value (USD) Change vs. 2025
2010 $135,056 -53.6%
2011 $129,833 -55.4%
2012 $129,484 -55.5%
2013 $134,324 -53.8%
2014 $141,003 -51.5%
2015 $148,240 -49.0%
2016 $155,976 -46.4%
2017 $164,394 -43.5%
2018 $173,483 -40.3%
2019 $181,527 -37.6%
2020 $190,911 -34.4%
2021 $217,141 -25.3%
2022 $253,137 -13.0%
2023 $266,945 -8.2%
2024 $282,388 -2.9%
2025 $290,807 0.0%

Graph: estimated home values in Somerset Greenwood over time (USD)



Example: 100% financing house in Somerset Greenwood

Loan amount: $290,807

Interest rate: 6.16%

Fixed monthly payment: $1,773.94

Breakdown in the 1st month:
Interest portion: $1,493.29  –  Principal portion: $280.64

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $17,822.77 $3,464.49 $287,342.51
2 $17,603.15 $3,684.10 $283,658.41
3 $17,369.61 $3,917.64 $279,740.76
4 $17,121.27 $4,165.98 $275,574.78
5 $16,857.19 $4,430.07 $271,144.71
6 $16,576.37 $4,710.89 $266,433.82
7 $16,277.74 $5,009.52 $261,424.31
8 $15,960.19 $5,327.07 $256,097.24
9 $15,622.50 $5,664.76 $250,432.48
10 $15,263.41 $6,023.85 $244,408.63
11 $14,881.55 $6,405.70 $238,002.93
12 $14,475.49 $6,811.76 $231,191.17
13 $14,043.69 $7,243.56 $223,947.61
14 $13,584.52 $7,702.74 $216,244.87
15 $13,096.24 $8,191.02 $208,053.86
16 $12,577.01 $8,710.25 $199,343.61
17 $12,024.86 $9,262.39 $190,081.21
18 $11,437.72 $9,849.54 $180,231.67
19 $10,813.35 $10,473.91 $169,757.77
20 $10,149.40 $11,137.85 $158,619.91
21 $9,443.37 $11,843.89 $146,776.03
22 $8,692.58 $12,594.68 $134,181.35
23 $7,894.20 $13,393.06 $120,788.29
24 $7,045.21 $14,242.05 $106,546.24
25 $6,142.40 $15,144.86 $91,401.38
26 $5,182.36 $16,104.90 $75,296.48
27 $4,161.46 $17,125.80 $58,170.69
28 $3,075.85 $18,211.41 $39,959.28
29 $1,921.42 $19,365.84 $20,593.44
30 $693.81 $20,593.44 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Somerset Greenwood, IN


1500 sqft3900 sqft
Ø selling price$216,225$459,969
Ø fast selling$196,568$413,972
Ø high price sale$235,882$505,966

In 2026, houses in Somerset Greenwood, IN will be offered at an average price of $116 per square foot. A 1,500 sqft home priced at $216,225 is 23.62% more expensive per square foot than a 3,900 sqft home priced at $459,969. Home prices in Somerset Greenwood, IN vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $318,440. Sellers who can wait longer may achieve a higher price of up to $389,205.


Living in Somerset, Greenwood, IN

The Somerset neighborhood in Greenwood, IN offers a peaceful, established setting with tree-lined streets and a strong sense of community.
Situated on the south side of the Indianapolis metro, it blends suburban comfort with urban convenience.

Location, Access, and Everyday Convenience

Residents enjoy quick access to US-31, State Road 135, and I-65 for easy commutes to downtown Indianapolis and major employers.
Shopping, dining, and services cluster along County Line Road and at Greenwood Park Mall, putting daily needs just minutes from home.

Homes and Real Estate in Somerset

The neighborhood features well-kept single-family homes on landscaped lots, with styles that appeal to both first-time buyers and move-up households.
Buyers searching for homes for sale in Somerset Greenwood IN will find competitive pricing, solid resale value, and attractive curb appeal.
Local Somerset Greenwood real estate trends reflect steady demand thanks to the area?s amenities, schools, and convenient location.

Parks, Schools, and Community

Nearby parks, trails, and community recreation in Greenwood provide plenty of options for fitness, sports, and weekend fun.
The neighborhood is served by well-regarded local schools and kid-friendly activities, supporting a balanced, family-forward lifestyle.
Seasonal events, friendly sidewalks, and calm streets help make Somerset in Greenwood, Indiana a welcoming place to call home.



FAQ – Home Values in Somerset Greenwood

What is the median home value in Somerset Greenwood in 2026?

In 2026, the typical home value in Somerset Greenwood is about $290,807 for an average home size of 2592 square feet. This corresponds to an average price of roughly $116 per square foot.

What is the average cost per square foot in Somerset Greenwood?

In 2026, homes in Somerset Greenwood sell for an average of around $116 per square foot, with a typical range between $110.2 and $121.8 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Somerset?

The average home size in Somerset Greenwood is about 2592 square feet, with an estimated 2026 value around $290,807.



Neighborhoods close to Somerset Greenwood, IN

Lamb Lake Trafalgar, IN115 $ / ft²
Bridgeport Indianapolis, IN108 $ / ft²
Shorewood Forest Valparaiso, IN154 $ / ft²
South Harbour Noblesville, IN163 $ / ft²
Village of WestClay Carmel, IN170 $ / ft²
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