Greene County, Illinois Housing Market
In Greene County, Illinois, the median home value is $95,200, with a median monthly rent of $754. This places Greene County at #2976 nationally out of 3134 counties by median home value, and #97 within Illinois.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $863
- Establishments: 202
- BLS QCEW, 2025
Housing Supply
- Single-family: 2
- Multi-family: 0
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 4,752 (avg $60,364)
- Outflow: 4,655 (avg $60,922)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 1 active ZIP codes in Greene County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 62052 | 176.4 | +10.19% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Greene County Compares
| Metric | Greene County | Illinois Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $95,200 | $153,019 | $227,706 |
| Median Gross Rent | $754 | $867 | $968 |
| Owner Occupancy Rate | 78.2% | 75.8% | 73.3% |
| Price/Rent Ratio | 10.5 | 14.5 | 18.7 |
Market Analysis
The median home value in Greene County is 37.8% below the Illinois state average and 58.2% below the U.S. national average. The median rent of $754/month is 13.0% below the state average.
With a price-to-rent ratio of 10.5, buying a home in Greene County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Greene County has an owner-occupancy rate of 78.2%, compared to 75.8% in Illinois and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Starr County | Texas | $95,100 | $726 |
| Castro County | Texas | $95,000 | $896 |
| Johnson County | Georgia | $94,900 | $647 |
| Buchanan County | Virginia | $94,900 | $743 |
| Bradley County | Arkansas | $94,800 | $689 |
Other Counties in Illinois
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Saline County | $94,300 | $726 | 72.5% |
| Scott County | $96,400 | $689 | 79.0% |
| Cass County | $97,100 | $723 | 75.9% |
| Vermilion County | $97,200 | $838 | 70.2% |
| Edgar County | $97,300 | $775 | 72.7% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).