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📍 Greenfield, IL · Zillow ZHVI · July 2026

Average Home Price in
Greenfield, IL

St. Louis, MO-IL metro area · Greene County County

Median Home Value
$121,173
↑ 1.5% year-over-year
vs. National Median
$410,000
Greenfield is 70% below
Est. Monthly Payment
$632/mo
20% down · 6.8% rate
Income Needed
$32K
gross annual (30% rule)
Median Home Value
$121,173
↑ 1.5% year-over-year
Down Payment (20%)$24,235
Monthly P&I$632/mo
With Taxes & Ins.~$803/mo
Income Needed$32,120/yr
Data SourceZillow ZHVI
Market Overview

Home Prices in Greenfield, IL

The median home value in Greenfield, IL is $121,173 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.5% compared to a year ago and down 1.3% from two years prior.

Compared to the U.S. national median of $410,000, homes in Greenfield are priced70% below average. Greenfield is part of the St. Louis, MO-IL metro area.

City Comparison

Greenfield vs. National Median

🏠 Greenfield
$121,173
National Median
$410,000

At $121,173, homes in Greenfield cost 70% 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
$24,235
on $121,173
Monthly P&I
$632/mo
30-yr @ 6.8%
Total Monthly Est.
~$803/mo
incl. taxes & insurance
Income Needed
$32,120
gross annual (30% rule)
10% Down Option
$12,117
+ PMI applies
Loan Amount (20% dn)
$96,938
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, IL?
The median home value in Greenfield is $121,173 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.5% year-over-year.
How much have home prices changed in Greenfield?
Over the past year, home values in Greenfield have increased by 1.5%.
How much do I need to earn to buy a home in Greenfield?
To comfortably afford the median home price of $121,173 with a 20% down payment ($24,235) at today's rates (6.8%), you'd need a gross annual income of approximately $32,120. 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 $121,173, homes in Greenfield are 70% below the national average.
What metro area is Greenfield part of?
Greenfield is part of the St. Louis, MO-IL metropolitan area. Home prices and market conditions can vary across the broader metro region.