Greencastle, IN

Greencastle is a small town located in southwestern Indiana. The population of Greencastle was just over 10,000 as of the 2010 census. Greencastle is located in Lawrence County and has a strong agricultural economy. The town's economy is based largely on agriculture, manufacturing, and retail sales.

Real estate in Greencastle is dominated by single-family homes and apartments. There are also a few commercial properties in the town, but the majority of real estate is residential. The average price for a single-family home in Greencastle was $128,000 as of May 2016. The average price for an apartment was $115,000 as of that same date.

The demand for real estate in Greencastle has been strong over the past few years due to increasing wages and low interest rates. As a result, the average list price for a home has increased by about 25% since 2013. However, there have been some concerns raised about the affordability of homes in Greencastle due to rising prices and limited inventory.