Greenville, VA—24440
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Greenville, VA
As of Oct '25, the median home price in Greenville, VA is $322,000, with a year-over-year change of 3.9%. This indicates that home prices in Greenville, VA are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $322,000 | 3.9% |
| Single Family | $322,000 | 3.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $329,000 | 4.4% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Greenville, VA
Greenville, VA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Greenville, VA
As of Oct '25, Realtor.com reports that the median days on market for a home in Greenville, VA is 38. This is a decrease of -20.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $346,000 | -37.0% |
Listing Count | 7 | 35.0% |
| Listings as % of Homes | 0.3% | 35.0% |
Days on Market | 38 | -20.0% |
Demographics — Greenville, VA
As of the latest ACS Survey released in 2023, Greenville, VA has a population of 2,500, which has decreased by -26.7% over the past 5 years. Greenville, VA is a moderately popular place for families, as children make up 22.0% of the population. The area has a poorly educated workforce, with 10.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,500 | -26.7% |
% Under 18 | 22.0% | 6.8% |
% Seniors | 20.2% | 87.0% |
% WFH | 0.0% | -100.0% |
% w/ College Degree | 10.9% | -31.4% |
As of the latest ACS Survey released in 2023, Greenville, VA is a predominantly white area, with 94.0% of the population identifying as white. The white population has shrunk by 0.6% in the last 5 years. The second most common race or ethnicity in Greenville, VA is black, making up 4.8% of the population. Foreign-born residents account for 1.2% of the population in Greenville, VA, and this percentage has increased by 71.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.0% | -0.6% |
% Black | 4.8% | -2.0% |
% Hispanic | 0.3% | 0.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.2% | 71.4% |
Mortgage and Risk — Greenville, VA
According to HUD data as of 2023, there were 98 mortgage originations in Greenville, VA, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Greenville, VA. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 98 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Greenville, VA
Greenville, VA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,180 |
| 2 Bedroom | N/A | N/A | $1,360 |
| 3 Bedroom | N/A | N/A | $1,910 |
| 4 Bedroom | N/A | N/A | $2,220 |
Affordability — Greenville, VA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.7 |
| Median Home Price | $322,000 |
| Median Household Income | $44,100 |