Green Acres, Bloomington, IN
Green Acres — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Green Acres, Bloomington, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
Last verified:
Green Acres Neighborhood Overview
Green Acres is a residential neighborhood in Bloomington, Indiana, offering a suburban feel within the city's 47401 ZIP code. Located near coordinates 39.1401, -86.5083, it provides a balanced community atmosphere. The area is known for its established homes and convenient access to the broader Bloomington area.
Lifestyle & Amenities
Residents enjoy a quiet, family-friendly environment with nearby local parks and green spaces. The neighborhood's proximity to central Bloomington means shopping, dining, and entertainment options are just a short drive away. Community events and a strong sense of neighborliness contribute to the area's appeal.
Real Estate Market
The real estate market in Green Acres features a median home value of $311,400, with a price per square foot around $285.92. Homes sell at a moderate pace, averaging 62 days on the market, and the homeownership rate is 56%. Rental options are available, with a median monthly rent of $1,157.
Schools & Education
Families in Green Acres are served by the Monroe County Community School Corporation. The neighborhood's location in Bloomington provides access to a variety of public educational institutions. The presence of Indiana University also enriches the local educational and cultural landscape.
Transportation & Connectivity
The neighborhood is primarily car-dependent, with good road connectivity to major routes like State Road 37/Indiana 37. Public transit options are available through the local Bloomington Transit bus system. Its location allows for reasonable commutes to downtown Bloomington, the university, and area employers.
Why Choose Green Acres
Green Acres is an attractive choice for those seeking a stable, suburban neighborhood with affordable home values relative to the Bloomington market. The median household income of $61,233 supports a comfortable lifestyle in the area. It represents a practical blend of quiet residential living and easy access to the amenities of a vibrant college town.
Green Acres Market Data
| Metric | Value |
|---|---|
| Median Home Price | $311K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $61K |
| Homeownership Rate | 56.5% |
| Renter-Occupied | 43.5% |
| Rental Vacancy Rate | 6.8% |
| Market Type | Balanced |
| Market Tier | Upper-Mid |
| Primary ZIP Code | 47401 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 200,703 |
| VA Loan Originations | 9,853 |
| VA Loan Share | 0.1% |
| Average VA Loan Amount | $255K |
| Conventional Loan Originations | 166,323 |
| FHA Loan Originations | 24,527 |
Top Real Estate Agents in Green Acres, Bloomington
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Green Acres, Bloomington, IN. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Indiana Real Estate Commission (IREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-13