Greenfield, IL is a thriving suburb just outside of the Windy City. The median value of housing in Greenfield is $85,000, which is significantly lower than the US median value of $338,100. Despite this difference in values, Greenfield has seen an impressive appreciation rate of 7.96% in the past year, slightly lower than the US’s 8.27%. This steady growth indicates that Greenfield is an attractive area to consider for potential homebuyers who are looking for a community with affordable housing and great investment opportunities.
The median home cost in Greenfield is $85,000. Home appreciation the last 10 years has been 42.8%. Home Appreciation in Greenfield is up 10.0%.
Average Age of Homes
- The median age of Greenfield real estate is 66 years old
The Rental Market in Greenfield
- Renters make up 18.9% of the Greenfield population
- 3.7% of houses and apartments in Greenfield, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.