Greene County, Illinois 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 46% below the Illinois median$80,832
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Median rent 41% below the Illinois median Cheaper than 79% of counties in Illinois$754
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Greene County | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $80,832 | $149,936 | $248,835 |
| Price Trend (Annual %) | 3.9% | 2.5% | 7.5% |
| Median Gross Rent | $754 | $1,274 | $1,407 |
| Rent Trend (Annual %) | 3.3% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Greene County is about 46% lower than in Illinois. Rent is about 41% lower than the Illinois 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 3.9% and 3.3% a year respectively. Home prices are changing faster.
Median rent in Greene County rose about 24.2% between 2015 and 2024, from $607 to $754. Over the same span, rent in Illinois rose about 40.4%.
Affordability
On average, housing unit costs 1.3 yearly household incomes in Greene County.
Buying the median-priced home in Greene County costs roughly 8.9 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 Illinois is about 9.8.
| Metric | Greene County | Illinois Avg | US Average |
|---|---|---|---|
| Median Home Price | $80,832 | $149,936 | $248,835 |
| Median Household Income | $64,089 | $84,042 | $80,455 |
| Price-to-Income Ratio | 1.3 | 1.8 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Greene County rose about 10.8%, while median household income rose about 49.4% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Greene County | Illinois Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 60.2% | 61.9% | 58.5% |
| Rental Rate | 16.8% | 30.4% | 31.2% |
| Vacancy Rate | 23.0% | 7.7% | 10.2% |
| Median Tenure (years) | 20.0 | 16.0 | 15.0 |
| Median Year Moved In | 2006 | 2010 | 2011 |
Greene County has a homeownership rate of 60.2%, lower than the Illinois average of 61.9%. Its housing vacancy rate is 23.0%, compared with 7.7% in Illinois.
Housing Stock
| Metric | Greene County | Illinois Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.58 people | 2.46 people | 2.53 people |
| Median Structure Built Year | 1958 | 1969 | 1978 |
| Median Number of Rooms | 5.8 | 5.6 | 5.5 |
The typical housing unit in Greene County was built around 1958. On average, 2.6 people live in a home with about 5.8 rooms, staying for about 20.0 years on average.
Greene County, IL Housing Compared With Nearby Counties
Greene County, IL is the smallest of the 4 counties compared here, 11,683 residents against a local median of 33,021. There is no headline here. Every measure below sits within 15% of the median across the nearest counties, which makes Greene County, IL an unremarkable member of its own neighbourhood rather than an outlier in it.
The largest of those small differences is median home price, 14% below the local median at $80,832 against $93,502. Greene County, IL has the 3rd highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Greene County, IL | 11,683 | $80,832 #3/4 | $754 #3/4 | 78.2% #3/4 |
| Jersey County, IL | 21,266 | $129,386 | $845 | 80.5% |
| Morgan County, IL | 33,021 | $93,502 | $721 | 72.8% |
| Macoupin County, IL | 44,343 | $69,312 | $801 | 78.5% |
Frequently Asked Questions
Common questions about the housing market in Greene County, Illinois.
What is the median home price in Greene County, Illinois?
The median home price in Greene County, Illinois is $80,832, lower than the Illinois average of $149,936.
What is the average home price in Greene County, Illinois?
The typical home price in Greene County, Illinois, reported as the median sale price, is $80,832. 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, Illinois?
The median gross rent in Greene County, Illinois is $754 per month, lower than the Illinois average of $1,274.
What was the median gross rent in Greene County in 2020?
In 2020, the median gross rent in Greene County, Illinois was $607 per month.
What is the price-to-rent ratio in Greene County, Illinois?
The price-to-rent ratio in Greene County, Illinois is about 8.9, meaning it would take roughly 8.9 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, Illinois?
Both home prices and rent are rising in Greene County, up about 3.9% and 3.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Greene County, Illinois?
60.2% of households in Greene County, Illinois own their home, lower than the Illinois average of 61.9%.
What is the vacancy rate in Greene County, Illinois?
The housing vacancy rate in Greene County, Illinois is 23.0%, higher than the Illinois average of 7.7%.
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