Market Overview
Home Prices in Greenville, IL
The median home value in Greenville, IL is $179,438 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 10% compared to a year ago and down 0.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Greenville are priced56% below average. Greenville is part of the St. Louis, MO-IL metro area.
Over the past five years, Greenville home values have risen by approximately29.0%, reflecting strong long-term appreciation in this market.
Price History
Greenville Home Price Trend
City Comparison
Greenville vs. National Median
At $179,438, homes in Greenville cost 56% 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
$35,888
on $179,438
Monthly P&I
$936/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,189/mo
incl. taxes & insurance
Income Needed
$47,560
gross annual (30% rule)
10% Down Option
$17,944
+ PMI applies
Loan Amount (20% dn)
$143,550
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, IL?
The median home value in Greenville is $179,438 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 10% year-over-year.
How much have home prices changed in Greenville?
Over the past year, home values in Greenville have increased by 10%. Over five years, prices have risen approximately 29.0%.
How much do I need to earn to buy a home in Greenville?
To comfortably afford the median home price of $179,438 with a 20% down payment ($35,888) at today's rates (6.8%), you'd need a gross annual income of approximately $47,560. 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 $179,438, homes in Greenville are 56% below the national average.
What metro area is Greenville part of?
Greenville is part of the St. Louis, MO-IL metropolitan area. Home prices and market conditions can vary across the broader metro region.