Greenville, TX—75401
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Greenville, TX
Home Price Trends — Greenville, TX
As of Nov '25, the median home price in Greenville, TX is $198,000, with a year-over-year change of -5.1%. This indicates that home prices in Greenville, TX are decreasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $198,000 | -5.1% |
| Single Family | $198,000 | -5.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $126,000 | -8.7% |
3 Bed | $209,000 | -2.8% |
4 Bed | $262,000 | -2.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Greenville, TX
As of July '25, Rentcast reports the average rent in Greenville, TX is $1,670, with a year-over-year rent change of 9.9%. Per bedroom, the median rent as of July '25 in Greenville, TX is studios: $652, 1-bedrooms: $915, 2-bedrooms: $1,550, 3-bedrooms: $1,670, 4-bedrooms: $2,030. The most common rental property sizes in Greenville, TX are 2-bedroom and 3-bedroom, accounting for 33.2% and 31.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,620 | $1,670 |
| Studio Rent | $425 | $652 |
| 1 Bed Rent | $875 | $915 |
| 2 Bed Rent | $1,200 | $1,550 |
| 3 Bed Rent | $1,650 | $1,670 |
| 4 Bed Rent | $2,160 | $2,030 |
% of Rental Stock
Property Listings — Greenville, TX
As of Nov '25, Realtor.com reports that the median days on market for a home in Greenville, TX is 69. This is a increase of 19.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $260,000 | -2.0% |
Listing Count | 193 | -2.0% |
| Listings as % of Homes | 1.5% | -2.0% |
Days on Market | 69 | 19.0% |
Demographics — Greenville, TX
As of the latest ACS Survey released in 2023, Greenville, TX has a population of 21,900, which has increased by 16.1% over the past 5 years. Greenville, TX is a popular place for families, as children make up 26.2% of the population. The area has a poorly educated workforce, with 14.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,900 | 16.1% |
% Under 18 | 26.2% | -4.0% |
% Seniors | 16.0% | 22.1% |
% WFH | 4.9% | 63.3% |
% w/ College Degree | 14.2% | 4.4% |
As of the latest ACS Survey released in 2023, Greenville, TX is a predominantly white area, with 50.7% of the population identifying as white. The white population has grown by 1.4% in the last 5 years. The second most common race or ethnicity in Greenville, TX is hispanic, making up 32.4% of the population. Foreign-born residents account for 13.3% of the population in Greenville, TX, and this percentage has increased by 20.9% 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 | 50.7% | 1.4% |
% Black | 13.7% | -20.3% |
% Hispanic | 32.4% | 10.2% |
% Asian | 0.2% | -75.0% |
% Foreign Born | 13.3% | 20.9% |
Mortgage and Risk — Greenville, TX
According to HUD data as of 2023, there were 371 mortgage originations in Greenville, TX, of which 53.0% of loans were conventional mortgages. The average loan-to-value was 85.0%, with 65.0% above 90% LTV (very high). This implies large mortgage risk in Greenville, TX. Investor activity is low, as 4.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 371 |
% Conventional Loans | 53.0% |
% Government Loans | 47.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Rentals and Section 8 — Greenville, TX
As of 2024, the percent of homes in Greenville, TX under the Section 8 program is 8.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Greenville, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 304 |
Total Units Section 8 | 304 |
% Rentals under Section 8 | 8.5% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $365 | $875 | $1,240 |
| 2 Bedroom | $260 | $1,200 | $1,460 |
| 3 Bedroom | $180 | $1,650 | $1,830 |
| 4 Bedroom | $190 | $2,160 | $2,350 |
Affordability — Greenville, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $198,000 |
| Median Household Income | $57,300 |