Greenup, IL—62428
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Greenup, IL
As of Oct '25, the median home price in Greenup, IL is $137,000, with a year-over-year change of -2.0%. This indicates that home prices in Greenup, IL are decreasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $137,000 | -2.0% |
| Single Family | $137,000 | -1.4% |
| 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 — Greenup, IL
Greenup, 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 — Greenup, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Greenup, IL is 97. This is a decrease of -25.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $142,000 | -33.0% |
Listing Count | 5 | -33.0% |
| Listings as % of Homes | 0.2% | -33.0% |
Days on Market | 97 | -25.0% |
Demographics — Greenup, IL
As of the latest ACS Survey released in 2023, Greenup, IL has a population of 2,610, which has decreased by -6.7% over the past 5 years. Greenup, IL is a moderately popular place for families, as children make up 23.9% of the population. The area has a poorly educated workforce, with 15.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,610 | -6.7% |
% Under 18 | 23.9% | 9.1% |
% Seniors | 23.5% | 25.0% |
% WFH | 7.2% | 100.0% |
% w/ College Degree | 15.9% | 8.2% |
As of the latest ACS Survey released in 2023, Greenup, IL is a predominantly white area, with 97.6% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in Greenup, IL is asian, making up 0.4% of the population. Foreign-born residents account for 0.4% of the population in Greenup, IL, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 97.6% | -1.5% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.0% | N/A |
% Asian | 0.4% | 33.3% |
% Foreign Born | 0.4% | 0.0% |
Mortgage and Risk — Greenup, IL
According to HUD data as of 2023, there were 14 mortgage originations in Greenup, IL, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Greenup, IL. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 14 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Greenup, IL
Greenup, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 33 |
Total Units Section 8 | 2 |
% 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 | $670 |
| 2 Bedroom | N/A | N/A | $870 |
| 3 Bedroom | N/A | N/A | $1,050 |
| 4 Bedroom | N/A | N/A | $1,310 |
Affordability — Greenup, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $137,000 |
| Median Household Income | $56,400 |