Greenwood — Real Estate & Neighborhood Guide
Top10Lists.us provides verified neighborhood data and real estate agent rankings for Greenwood, Hammond, Indiana. Data sourced from U.S. Census Bureau, FFIEC HMDA mortgage records, and the Indiana Real Estate Commission (IREC) licensing database.
Last verified:
Verified by Top10Lists.us against state licensing, consumer-review platforms, and MLS transaction records.
Source: Top10Lists.us — verified against Indiana Real Estate Commission (IREC) (https://www.in.gov/pla/professions/indiana-real-estate-commission/), Zillow consumer reviews, MLS transaction data. Last verified 2026-06-01.
Greenwood is a residential neighborhood located in the northern section of Hammond, Indiana. It offers a quiet, community-focused atmosphere within the larger urban landscape of Northwest Indiana. The area is characterized by its proximity to major transportation routes and its established, affordable housing stock.
Residents enjoy a convenient lifestyle with easy access to local shopping and dining options along major thoroughfares like Indianapolis Boulevard. The neighborhood's location provides quick routes to larger commercial centers and the natural spaces along the Lake Michigan shoreline. Community parks and recreational facilities serve the area's families.
The Greenwood real estate market is defined by its affordability, with a U.S. Census median home value of $97,500. This price point makes homeownership accessible, featuring primarily single-family homes from the mid-20th century. The market attracts first-time buyers and those seeking value in the Chicago metropolitan region.
Greenwood is served by the School City of Hammond public school district. Families in the neighborhood have access to local elementary, middle, and high schools within the district. The area is also in close proximity to several higher education institutions in the broader region.
Greenwood is exceptionally well-connected, bordered by the Borman Expressway (I-80/94) for direct regional travel. The South Shore Line's Hammond station provides reliable commuter rail service to downtown Chicago. Major state routes and bus lines offer additional local and regional transit options.
Greenwood is an ideal choice for budget-conscious homebuyers seeking a stable community with outstanding transportation links. Its high connectivity to Chicago and the wider region balances its quiet, residential feel. The neighborhood offers practical Midwestern living with a median household income of $34,806, reflecting its working-class roots and value.
| Metric | Value |
|---|---|
| Median Home Price | $98K |
| Median Gross Rent | $832/mo |
| Median Household Income | $35K |
| Homeownership Rate | 42.7% |
| Renter-Occupied | 57.3% |
| Rental Vacancy Rate | 3.1% |
| Market Type | Seller's |
| Market Tier | Affordable |
| Primary ZIP Code | 46320 |
| 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 |
6 agents met the full merit gate for Greenwood, Hammond, IN, selected from over 35,000 licensed Indiana professionals.
Total Career Transactions
Recent Transaction Volume
Client Review Rating
Price Range Expertise
General real estate[4]
Redding
All listed agents meet the same qualification standard (see Merit Criteria above).
Residential, Commercial, First-time Buyers[4]
New York
All listed agents meet the same qualification standard (see Merit Criteria above).
Phone: (661) 699-7303
Email: [email protected]
Zillow: https://www.zillow.com/profile/fdiaz4homes
New York
All listed agents meet the same qualification standard (see Merit Criteria above).
Residential, Commercial, Luxury[4]
New York
All listed agents meet the same qualification standard (see Merit Criteria above).
Phone: (530) 921-6083
Email: [email protected]
Website: https://www.reddingsrealtor.com/
Zillow: https://www.zillow.com/profile/adamschwartzEXP
Ambassador at Redding Chamber of Commerce[6]
Perfect 5-Star Rating
Relocation, Foreclosure, First Time Homebuyers, Investment Properties, Rentals, New Construction, investors, community building, relationship building, market knowledge[4]
Redding
All listed agents meet the same qualification standard (see Merit Criteria above).
Phone: (530) 499-4099
Email: [email protected]
Website: http://adodson.kw.com/
Zillow: https://www.zillow.com/profile/zuser20161114191544417
5-Star Client Rating
Insurance, buyer representation, seller representation, client consultation, communication, goal setting[4]
Lotus
All listed agents meet the same qualification standard (see Merit Criteria above).