The housing market in Greenville, IL is thriving. The median value of a house in the city is $131,900, which is much lower than the US median value of $338,100. Moreover, the 1 year house appreciation rate of 10.25% in Greenville is higher than the US rate of 8.27%. This could be a good indication that investing in real estate in this area could be lucrative for potential buyers.
The median home cost in Greenville is $131,900. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Greenville is up 12.4%.
Average Age of Homes
- The median age of Greenville real estate is 46 years old
The Rental Market in Greenville
- Renters make up 35.7% of the Greenville population
- 3.8% of houses and apartments in Greenville, 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.