Market Overview
Home Prices in Greenfield, IA
The median home value in Greenfield, IA is $195,514 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 8.9% compared to a year ago and down 0.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Greenfield are priced52% below average.
Over the past five years, Greenfield home values have risen by approximately29.3%, reflecting strong long-term appreciation in this market.
Price History
Greenfield Home Price Trend
2020
$130,411
$130K
—
2021
$151,223
$151K
+16.0%
2022
$171,230
$171K
+13.2%
2023
$172,986
$173K
+1.0%
2024
$180,786
$181K
+4.5%
2025
$179,574
$180K
-0.7%
2026
$195,514
$196K
+8.9%
City Comparison
Greenfield vs. National Median
🏠 Greenfield
$195,514
National Median
$410,000
At $195,514, homes in Greenfield cost 52% below the national median of $410,000. This makes Greenfield a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Greenfield?
20% Down Payment
$39,103
on $195,514
Monthly P&I
$1,020/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,295/mo
incl. taxes & insurance
Income Needed
$51,800
gross annual (30% rule)
10% Down Option
$19,551
+ PMI applies
Loan Amount (20% dn)
$156,411
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 Greenfield, IA?
The median home value in Greenfield is $195,514 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 8.9% year-over-year.
How much have home prices changed in Greenfield?
Over the past year, home values in Greenfield have increased by 8.9%. Over five years, prices have risen approximately 29.3%.
How much do I need to earn to buy a home in Greenfield?
To comfortably afford the median home price of $195,514 with a 20% down payment ($39,103) at today's rates (6.8%), you'd need a gross annual income of approximately $51,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Greenfield compare to the national average home price?
The national median home value is approximately $410,000. At $195,514, homes in Greenfield are 52% below the national average.