Greene County, Iowa Housing Market Prices
Greene County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 40% below the Iowa median$92,059
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Median rent 20% below the Iowa median$781
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Greene County | Iowa Avg | US Average |
|---|---|---|---|
| Median Home Price | $92,059 | $153,425 | $248,835 |
| Price Trend (Annual %) | 11.9% | 7.5% | 7.5% |
| Median Gross Rent | $781 | $971 | $1,407 |
| Rent Trend (Annual %) | 3.9% | 3.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Greene County is about 40% lower than in Iowa. Rent is about 20% lower than the Iowa average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Greene County, up about 11.9% and 3.9% a year respectively. Home prices are changing faster.
Median rent in Greene County rose about 32.9% between 2015 and 2024, from $587 to $781. Over the same span, rent in Iowa rose about 39.6%.
Affordability
On average, housing unit costs 1.4 yearly household incomes in Greene County.
Buying the median-priced home in Greene County costs roughly 9.8 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Greene County. The price-to-rent ratio in Iowa is about 13.2.
| Metric | Greene County | Iowa Avg | US Average |
|---|---|---|---|
| Median Home Price | $92,059 | $153,425 | $248,835 |
| Median Household Income | $64,725 | $75,133 | $80,455 |
| Price-to-Income Ratio | 1.4 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Greene County rose about 115.7%, while median household income rose about 40.4% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Greene County | Iowa Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 69.4% | 65.6% | 58.5% |
| Rental Rate | 21.4% | 25.9% | 31.2% |
| Vacancy Rate | 9.2% | 8.5% | 10.2% |
| Median Tenure (years) | 17.0 | 15.0 | 15.0 |
| Median Year Moved In | 2009 | 2011 | 2011 |
Greene County has a homeownership rate of 69.4%, higher than the Iowa average of 65.6%. Its housing vacancy rate is 9.2%, compared with 8.5% in Iowa.
Housing Stock
| Metric | Greene County | Iowa Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.18 people | 2.37 people | 2.53 people |
| Median Structure Built Year | 1952 | 1971 | 1978 |
| Median Number of Rooms | 6.2 | 5.9 | 5.5 |
The typical housing unit in Greene County was built around 1952. On average, 2.2 people live in a home with about 6.2 rooms, staying for about 17.0 years on average.
Greene County, IA Housing Compared With Nearby Counties
Greene County, IA is the smallest of the 4 counties compared here, 8,689 residents against a local median of 20,594. Greene County, IA's median home price, at $92,059, runs 16% below the $110,174 typical of the counties around it.
The counties themselves spread $68,572 on median home price, so Greene County, IA sits at one end of an already wide local range rather than apart from it. Greene County, IA has the 4th highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Greene County, IA | 8,689 | $92,059 #4/4 | $781 #2/4 | 76.4% #3/4 |
| Calhoun County, IA | 9,803 | $98,888 | $723 | 80.5% |
| Webster County, IA | 36,886 | $110,174 | $784 | 70.3% |
| Carroll County, IA | 20,594 | $167,460 | $730 | 77.1% |
Frequently Asked Questions
Common questions about the housing market in Greene County, Iowa.
What is the median home price in Greene County, Iowa?
The median home price in Greene County, Iowa is $92,059, lower than the Iowa average of $153,425.
What is the average home price in Greene County, Iowa?
The typical home price in Greene County, Iowa, reported as the median sale price, is $92,059. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Greene County, Iowa?
The median gross rent in Greene County, Iowa is $781 per month, lower than the Iowa average of $971.
What was the median gross rent in Greene County in 2020?
In 2020, the median gross rent in Greene County, Iowa was $692 per month.
What is the price-to-rent ratio in Greene County, Iowa?
The price-to-rent ratio in Greene County, Iowa is about 9.8, meaning it would take roughly 9.8 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Greene County.
Are home prices or rent rising faster in Greene County, Iowa?
Both home prices and rent are rising in Greene County, up about 11.9% and 3.9% a year respectively. Home prices are changing faster.
What is the homeownership rate in Greene County, Iowa?
69.4% of households in Greene County, Iowa own their home, higher than the Iowa average of 65.6%.
What is the vacancy rate in Greene County, Iowa?
The housing vacancy rate in Greene County, Iowa is 9.2%, higher than the Iowa average of 8.5%.
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