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Greene County, IL housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$123,704+3.6% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 17% have cut their price
Income needed to buy, per year$26,816About 0.4× the local median income ($62,654): affordable for a typical household
Days on market77 daysAbout the same pace as a year ago

The typical home in Greene County, IL is worth $123,704, up 3.6% from a year ago. That is well below what local incomes have historically supported: fair value is about $148,621, so the area is 16.8% undervalued. It is a balanced market, leaning toward buyers: homes take about 77 days to sell, listings are up 44% from a year ago, 17% of listings have had a price cut. A household needs about $26,816 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $62,654. In the latest IRS figures, 73 more people moved out than in.

Home value over time

$0K$50K$100K$150K200020102020
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.

Prices and affordability

Typical home value$123,704
Change in 1 year+3.6%
Overvalued %−16.8%
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Fair home value$148,621
Change in 5 years+7.4%
Home value to income2.0×
Monthly mortgage payment (20% down)$670
Income needed to afford it$26,816
Property tax rate1.75%

Rent and investing

HUD Fair Market Rent, 2 bedrooms$965

Market activity

Listings vs a year ago+43.5%
Days on market77
Listings with a price cut16.7%
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Homes for sale33
Pending sales per 100 listings30
Asking price per sq ft$73

People and jobs

Median household income$62,654
Population change (1 year)−0.7%
Unemployment rate4.9%
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Population11,313
Income adjusted for cost of living$71,686
Net moves in (IRS)−73
Cost of living (US = 100)87.4

Schools, risk and environment

School rating (1 to 10)5.0
FEMA hazard risk score (0 to 100)13.0
Flood risk score13.2
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Wildfire risk score0.3
Walkability (1 to 20)5.2
Road, rail and air noise53 dB

Questions people ask

Is Greene County, IL overvalued?
Home prices in Greene County, IL are well below what local incomes have historically supported: fair value is about $148,621, so the area is 16.8% undervalued.
Is Greene County, IL a buyer's or seller's market?
Greene County, IL is a balanced market, leaning toward buyers: homes take about 77 days to sell, listings are up 44% from a year ago, 17% of listings have had a price cut.
Are home prices going down in Greene County, IL?
Home values in Greene County, IL are up 3.6% over the last year.
How much do you need to earn to buy a home in Greene County, IL?
A household needs about $26,816 a year to afford the typical home in Greene County, IL at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $62,654.

Nearby and similar counties

ZIP codes in Greene County (open on the map)

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