House Prices

South Lake Greenwood, IN House Prices & Home Values 2026


Average Data

average house price$287,126
average size per house2559 ft²
average price per ft²114 $ / ft²

06/10/2026 - The value range (VR) for house prices in South Lake Greenwood, IN is $108.3/ sqft to $119.7/ sqft. An average home with 2559 sqft costs approximately $281,020 to $310,601. 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 $114. Our analysis is based on 9 property listings.

Avergage prices by ZIP codes South Lake Greenwood

46143113 $ / ft²




Historical development of home values in South Lake Greenwood

Year Estimated value (USD) Change vs. 2025
2010 $133,347 -53.6%
2011 $128,190 -55.4%
2012 $127,845 -55.5%
2013 $132,623 -53.8%
2014 $139,218 -51.5%
2015 $146,363 -49.0%
2016 $154,001 -46.4%
2017 $162,313 -43.5%
2018 $171,287 -40.3%
2019 $179,229 -37.6%
2020 $188,495 -34.4%
2021 $214,392 -25.3%
2022 $249,933 -13.0%
2023 $263,566 -8.2%
2024 $278,814 -2.9%
2025 $287,126 0.0%

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



Example: 100% financing house in South Lake Greenwood

Loan amount: $287,126

Interest rate: 6.08%

Fixed monthly payment: $1,737.00

Breakdown in the 1st month:
Interest portion: $1,455.73  –  Principal portion: $281.27

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $17,373.02 $3,471.01 $283,654.99
2 $17,155.85 $3,688.18 $279,966.81
3 $16,925.10 $3,918.93 $276,047.89
4 $16,679.91 $4,164.12 $271,883.77
5 $16,419.38 $4,424.65 $267,459.12
6 $16,142.55 $4,701.48 $262,757.64
7 $15,848.40 $4,995.63 $257,762.01
8 $15,535.84 $5,308.18 $252,453.83
9 $15,203.73 $5,640.29 $246,813.53
10 $14,850.85 $5,993.18 $240,820.35
11 $14,475.88 $6,368.15 $234,452.21
12 $14,077.45 $6,766.57 $227,685.63
13 $13,654.10 $7,189.93 $220,495.70
14 $13,204.26 $7,639.77 $212,855.93
15 $12,726.27 $8,117.76 $204,738.18
16 $12,218.38 $8,625.65 $196,112.53
17 $11,678.71 $9,165.32 $186,947.21
18 $11,105.28 $9,738.75 $177,208.47
19 $10,495.97 $10,348.06 $166,860.41
20 $9,848.54 $10,995.49 $155,864.92
21 $9,160.60 $11,683.43 $144,181.49
22 $8,429.62 $12,414.41 $131,767.08
23 $7,652.90 $13,191.12 $118,575.96
24 $6,827.60 $14,016.43 $104,559.53
25 $5,950.65 $14,893.38 $89,666.15
26 $5,018.84 $15,825.19 $73,840.96
27 $4,028.73 $16,815.30 $57,025.66
28 $2,976.67 $17,867.36 $39,158.30
29 $1,858.79 $18,985.24 $20,173.06
30 $670.97 $20,173.06 $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 South Lake Greenwood, IN


1500 sqft3900 sqft
Ø selling price$209,807$446,317
Ø fast selling$190,734$401,685
Ø high price sale$228,881$490,948

In 2026, houses in South Lake Greenwood, IN will be offered at an average price of $114 per square foot. A 1,500 sqft home priced at $209,807 is 23.32% more expensive per square foot than a 3,900 sqft home priced at $446,317. Home prices in South Lake 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 $308,989. Sellers who can wait longer may achieve a higher price of up to $377,653.


South Lake, Greenwood IN Neighborhood Guide

Overview

Located in Greenwood, IN, South Lake is a sought-after neighborhood known for its family-friendly vibe and attractive community amenities. Residents enjoy scenic ponds, sidewalks, and green spaces that make daily walks and bike rides easy and enjoyable. With a mix of newer construction and well-kept homes, the area delivers strong curb appeal and a welcoming community feel.

Location & Lifestyle

South Lake offers quick access to I-65 via Worthsville Road, streamlining commutes to downtown Indianapolis and major employers. Shopping, dining, and services along US-31, County Line Road, and the Greenwood Park Mall corridor are just minutes away for everyday convenience. Parks, golf courses, and recreation options nearby support an active lifestyle throughout Johnson County.

Real Estate & Buyer Tips

Buyers will find a range of South Lake homes for sale, from starter-friendly options to larger floor plans with flexible lofts and basements. Community features commonly include a pool, playground, walking paths, and water views, though amenities can vary by section and HOA. The neighborhood is typically served by the Clark-Pleasant Community School Corporation?always confirm current school zoning and HOA details before you buy. If you are exploring South Lake real estate in Greenwood, IN, partner with a local expert for up-to-date listings, market trends, and smart negotiation strategies.



FAQ – Home Values in South Lake Greenwood

What is the median home value in South Lake Greenwood in 2026?

In 2026, the typical home value in South Lake Greenwood is about $287,126 for an average home size of 2559 square feet. This corresponds to an average price of roughly $114 per square foot.

What is the average cost per square foot in South Lake Greenwood?

In 2026, homes in South Lake Greenwood sell for an average of around $114 per square foot, with a typical range between $108.3 and $119.7 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in South Lake?

The average home size in South Lake Greenwood is about 2559 square feet, with an estimated 2026 value around $287,126.



Neighborhoods close to South Lake 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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