Greenfield, IL—62044
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Greenfield, IL
Greenfield, IL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $119,000 | 1.6% |
| Single Family | $119,000 | 2.6% |
| 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 | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Greenfield, IL
Greenfield, IL 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 — Greenfield, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Greenfield, IL is 110. This is a increase of 12.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $265,000 | 11.0% |
Listing Count | 3 | -39.0% |
| Listings as % of Homes | 0.1% | -39.0% |
Days on Market | 110 | 12.0% |
Demographics — Greenfield, IL
As of the latest ACS Survey released in 2023, Greenfield, IL has a population of 2,090, which has remained stable by -0.4% over the past 5 years. Greenfield, IL is a popular place for families, as children make up 26.8% of the population. The area has a poorly educated workforce, with 17.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,090 | -0.4% |
% Under 18 | 26.8% | 27.0% |
% Seniors | 15.5% | -20.9% |
% WFH | 14.1% | 56.7% |
% w/ College Degree | 17.7% | 6.6% |
As of the latest ACS Survey released in 2023, Greenfield, IL is a predominantly white area, with 97.1% of the population identifying as white. The white population has shrunk by 2.4% in the last 5 years. The second most common race or ethnicity in Greenfield, IL is hispanic, making up 1.0% of the population. Foreign-born residents account for 0.1% of the population in Greenfield, IL, and this percentage has increased by Inf% 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 | 97.1% | -2.4% |
% Black | 0.0% | N/A |
% Hispanic | 1.0% | 900.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.1% | ∞% |
Mortgage and Risk — Greenfield, IL
According to HUD data as of 2023, there were 27 mortgage originations in Greenfield, IL, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Greenfield, IL. Investor activity is low, as 0.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 27 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Greenfield, IL
Greenfield, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 21 |
Total Units Section 8 | 21 |
% Rentals under Section 8 | 14.8% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $730 |
| 2 Bedroom | N/A | N/A | $960 |
| 3 Bedroom | N/A | N/A | $1,160 |
| 4 Bedroom | N/A | N/A | $1,330 |
Affordability — Greenfield, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | $119,000 |
| Median Household Income | $73,600 |