Market Overview
Home Prices in Greenville, IA
The median home value in Greenville, IA is $217,734 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 12.7% compared to a year ago and up 1.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Greenville are priced47% below average. Greenville is part of the Spencer, IA metro area.
Price History
Greenville Home Price Trend
2022
$174,086
$174K
—
2023
$178,513
$179K
+2.5%
2024
$190,144
$190K
+6.5%
2025
$193,146
$193K
+1.6%
2026
$217,734
$218K
+12.7%
City Comparison
Greenville vs. National Median
🏠 Greenville
$217,734
National Median
$410,000
At $217,734, homes in Greenville cost 47% below the national median of $410,000. This makes Greenville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Greenville?
20% Down Payment
$43,547
on $217,734
Monthly P&I
$1,136/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,443/mo
incl. taxes & insurance
Income Needed
$57,720
gross annual (30% rule)
10% Down Option
$21,773
+ PMI applies
Loan Amount (20% dn)
$174,187
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 Greenville, IA?
The median home value in Greenville is $217,734 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 12.7% year-over-year.
How much have home prices changed in Greenville?
Over the past year, home values in Greenville have increased by 12.7%.
How much do I need to earn to buy a home in Greenville?
To comfortably afford the median home price of $217,734 with a 20% down payment ($43,547) at today's rates (6.8%), you'd need a gross annual income of approximately $57,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Greenville compare to the national average home price?
The national median home value is approximately $410,000. At $217,734, homes in Greenville are 47% below the national average.
What metro area is Greenville part of?
Greenville is part of the Spencer, IA metropolitan area. Home prices and market conditions can vary across the broader metro region.