Greenville, OH—45331
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Greenville, OH
As of Oct '25, the median home price in Greenville, OH is $190,000, with a year-over-year change of 5.5%. This indicates that home prices in Greenville, OH are increasing. According to Zillow, the 1-year price projection is 3.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $190,000 | 5.5% |
| Single Family | $191,000 | 6.1% |
| Condos | $185,000 | 15.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $89,000 | 0.0% |
2 Bed | $145,000 | 6.6% |
3 Bed | $202,000 | 5.8% |
4 Bed | $253,000 | 6.3% |
| 5 Bed | $306,000 | 5.9% |
% of Housing Stock
Rental Trends — Greenville, OH
As of July '25, Rentcast reports the average rent in Greenville, OH is $730, with a year-over-year rent change of 13.9%. Per bedroom, the median rent as of July '25 in Greenville, OH is 1-bedrooms: $595, 2-bedrooms: $754, 3-bedrooms: $950. The most common rental property sizes in Greenville, OH are 2-bedroom and 3-bedroom, accounting for 43.7% and 29.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $700 | $730 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $625 | $595 |
| 2 Bed Rent | $725 | $754 |
| 3 Bed Rent | $800 | $950 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Greenville, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Greenville, OH is 57. This is a increase of 44.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $234,000 | 3.0% |
Listing Count | 87 | 5.0% |
| Listings as % of Homes | 0.5% | 5.0% |
Days on Market | 57 | 44.0% |
Demographics — Greenville, OH
As of the latest ACS Survey released in 2023, Greenville, OH has a population of 22,300, which has increased by 1.2% over the past 5 years. Greenville, OH is a moderately popular place for families, as children make up 22.4% of the population. The area has a poorly educated workforce, with 16.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,300 | 1.2% |
% Under 18 | 22.4% | 10.3% |
% Seniors | 23.2% | 0.4% |
% WFH | 4.4% | 25.7% |
% w/ College Degree | 16.8% | 7.7% |
As of the latest ACS Survey released in 2023, Greenville, OH is a predominantly white area, with 94.9% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in Greenville, OH is hispanic, making up 2.0% of the population. Foreign-born residents account for 0.8% of the population in Greenville, OH, and this percentage has decreased by 42.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.9% | -1.0% |
% Black | 0.5% | -44.4% |
% Hispanic | 2.0% | 122.2% |
% Asian | 0.3% | -66.7% |
% Foreign Born | 0.8% | -42.9% |
Mortgage and Risk — Greenville, OH
According to HUD data as of 2023, there were 339 mortgage originations in Greenville, OH, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Greenville, OH. Investor activity is low, as 8.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 339 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 8.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Greenville, OH
Greenville, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 332 |
Total Units Section 8 | 332 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 77.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $125 | $625 | $750 |
| 2 Bedroom | $155 | $725 | $880 |
| 3 Bedroom | $390 | $800 | $1,190 |
| 4 Bedroom | N/A | N/A | $1,230 |
Affordability — Greenville, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $190,000 |
| Median Household Income | $53,800 |