Market Overview
Home Prices in Greene, IA
The median home value in Greene, IA is $171,380 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6% compared to a year ago and up 1.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Greene are priced58% below average.
Over the past five years, Greene home values have risen by approximately30.0%, reflecting strong long-term appreciation in this market.
Price History
Greene Home Price Trend
2020
$121,626
$122K
—
2021
$131,799
$132K
+8.4%
2022
$154,804
$155K
+17.5%
2023
$159,418
$159K
+3.0%
2024
$159,705
$160K
+0.2%
2025
$161,728
$162K
+1.3%
2026
$171,380
$171K
+6.0%
City Comparison
Greene vs. National Median
🏠 Greene
$171,380
National Median
$410,000
At $171,380, homes in Greene cost 58% below the national median of $410,000. This makes Greene a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Greene?
20% Down Payment
$34,276
on $171,380
Monthly P&I
$894/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,135/mo
incl. taxes & insurance
Income Needed
$45,400
gross annual (30% rule)
10% Down Option
$17,138
+ PMI applies
Loan Amount (20% dn)
$137,104
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Greene, IA?
The median home value in Greene is $171,380 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6% year-over-year.
How much have home prices changed in Greene?
Over the past year, home values in Greene have increased by 6%. Over five years, prices have risen approximately 30.0%.
How much do I need to earn to buy a home in Greene?
To comfortably afford the median home price of $171,380 with a 20% down payment ($34,276) at today's rates (6.8%), you'd need a gross annual income of approximately $45,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Greene compare to the national average home price?
The national median home value is approximately $410,000. At $171,380, homes in Greene are 58% below the national average.