Greenwood, IN
What Greenwood is actually like
Greenwood was first settled in 1823 by brothers John B. and Isaac Smock, originally called "Smocktown" or "Smock's Settlement"; the name changed to "Greenfield" in 1825, then to "Greenwood" in 1833, and the town incorporated in 1864. The Indianapolis, Greenwood & Franklin Railway -- described as Indianapolis's first true interurban electric railway -- opened January 1, 1900, cementing Greenwood's role as a rail-linked satellite of the city.
Greenwood transitioned from small town to retail and bedroom-suburb hub with the opening of the Greenwood Shopping Center in 1965, enclosed and renamed Greenwood Park Mall in 1980. Today it's roughly 1.29 million square feet with five anchors, called the 4th-largest mall in Indiana and the commercial hub of the US-31 corridor south of Indianapolis. The city became a fifth-class city in 1960 and a second-class city in 2010.
Population has grown fast: 36,037 in 2000, 49,791 in 2010, 63,830 at the 2020 Census, and an estimated 69,349 by mid-2025 -- roughly 39% growth in fifteen years. Greenwood is widely positioned as a more affordable, family-oriented alternative to Indianapolis's north-side suburbs, anchored by employers including Endress+Hauser's U.S. headquarters and an Amazon fulfillment center. Zillow's Home Value Index put the typical Greenwood home value at $331,653 as of July 2026, up 1.3% year-over-year -- one of the more affordable figures in this guide.
Home values in Greenwood
Zillow's Home Value Index put the typical Greenwood home value at $331,653 as of July 31, 2026, up 1.3% year-over-year -- one of the more affordable figures in this guide.
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Explore Specialty Resources →Greenwood FAQ
Is there public transit in Greenwood?
Yes -- Access Johnson County runs weekday fixed routes within Greenwood and to Franklin (no weekend service), and IndyGo Route 31 connects Indianapolis's Downtown Transit Center to Greenwood Park Mall.
Will my kids go to Greenwood schools if I live in Greenwood?
Not necessarily -- parts of western Greenwood fall in Center Grove Community School Corporation's boundaries rather than Greenwood Community School Corporation, so check the specific address.
How big is Greenwood Park Mall?
About 1.29 million square feet with five anchor stores, making it Indiana's 4th-largest mall.
Has Greenwood had major flooding?
The wider Johnson County area experienced significant flooding in June 2008 and again after heavy rain in April 2025; no Greenwood-specific catastrophic flood record beyond these regional events was found.
How fast is Greenwood growing?
From 49,791 at the 2010 Census to 63,830 in 2020 to an estimated 69,349 by mid-2025 -- about 39% growth in fifteen years.