Greenville, IL


Highest Appreciating Greenville Neighborhoods Since 2000

Greenville, IL Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Greenville Housing Market Information

With 6,666 people, 2,029 houses or apartments, and a median cost of homes of $104,027, house prices in Greenville are solidly below the national average.

Single-family detached homes are the single most common housing type in Greenville, accounting for 67.03% of the city's housing units. Other types of housing that are prevalent in Greenville include large apartment complexes or high rise apartments ( 18.15%), duplexes, homes converted to apartments or other small apartment buildings ( 8.28%), and a few mobile homes or trailers ( 6.08%).

People in Greenville primarily live in small (one, two or no bedroom) single-family detached homes. Greenville has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Greenville built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Greenville built between 1940-1969 ( 31.14%). A lesser amount of the housing stock also hails from before 1939 ( 22.73%). There's also some housing in Greenville built between 2000 and later ( 12.86%).

Vacant housing appears to be an issue in Greenville. Fully 15.53% of the housing stock is classified as vacant. Left unchecked, vacant Greenville homes and apartments can be a drag on the real estate market, holding Greenville real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Greenville Home Appreciation Rates

Real estate appreciation rates in Greenville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.14% during the period.

Over the last year, Greenville appreciation rates have trailed the rest of the nation. In the last twelve months, Greenville's appreciation rate has been 0.74%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Greenville were at 1.03%, which equates to an annual appreciation rate of 4.19%.

Relative to Illinois, our data show that Greenville's latest annual appreciation rate is lower than 80% of the other cities and towns in Illinois.

Average Home Values


Median Home Value:

Greenville, IL HOME PRICES

Value Range
> $1,009,000 1.3
$757,001 - $1,009,000 0.0
$505,001 - $757,000 2.5
$403,001 - $505,000 0.9
$303,001 - $403,000 0.1
$202,001 - $303,000 5.5
$101,001 - $202,000 45.5
$51,001 - $101,000 41.8
$0 - $51,000 2.3

Low for IL
Low for Nation

Value Relative to Nation Value Relative to State
74.9912105941638 67.4683544303797

Number Of Homes And Apartments:

Greenville Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
26.52% 1.37% 6 3
* 10 is highest

Rent & Ownership


Average Market Rent:
$752 / per month

Homeownership Rate

Owners 43.41
Renters 56.59
Vacant 15.53

Housing Market Details


Age of Homes

AGE OF Greenville HOMES
2000 or Newer 12.9
1970 - 1999 33.3
1940 - 1969 31.1
1939 or Older 22.7

Types of Homes

TYPE OF Greenville HOMES
Single-Family 67.0
Townhomes 0.5
Small Apt. Buildings 8.3
Apt. Complexes 18.2
Mobile Homes 6.1
Other 0.0

Home Size

SIZE OF Greenville HOMES
No Bedroom 7.58
1 Bedroom 14.11
2 Bedrooms 34.26
3 Bedrooms 33.68
4 Bedrooms 7.54
5 or more bedrooms 2.83

Popular Neighborhoods in Greenville

Popular Communities Near Greenville, IL

Zip Codes in Greenville, IL