Market Overview
Home Prices in Greenup, IL
The median home value in Greenup, IL is $146,790 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.8% compared to a year ago and down 4.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Greenup are priced64% below average. Greenup is part of the Charleston-Mattoon, IL metro area.
Over the past five years, Greenup home values have fallen by approximately9.4%, reflecting softening conditions in this market.
Price History
Greenup Home Price Trend
City Comparison
Greenup vs. National Median
At $146,790, homes in Greenup cost 64% below the national median of $410,000. This makes Greenup a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Greenup?
20% Down Payment
$29,358
on $146,790
Monthly P&I
$766/mo
30-yr @ 6.8%
Total Monthly Est.
~$973/mo
incl. taxes & insurance
Income Needed
$38,920
gross annual (30% rule)
10% Down Option
$14,679
+ PMI applies
Loan Amount (20% dn)
$117,432
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 Greenup, IL?
The median home value in Greenup is $146,790 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.8% year-over-year.
How much have home prices changed in Greenup?
Over the past year, home values in Greenup have increased by 2.8%. Over five years, prices have fallen approximately 9.4%.
How much do I need to earn to buy a home in Greenup?
To comfortably afford the median home price of $146,790 with a 20% down payment ($29,358) at today's rates (6.8%), you'd need a gross annual income of approximately $38,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Greenup compare to the national average home price?
The national median home value is approximately $410,000. At $146,790, homes in Greenup are 64% below the national average.
What metro area is Greenup part of?
Greenup is part of the Charleston-Mattoon, IL metropolitan area. Home prices and market conditions can vary across the broader metro region.