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Buying a home in Greenville, Florida

The typical owner-occupied home in Greenville is worth about $63,200, 82% below the Florida median of $359,000 and 81% below the national median of $332,700. The median household earns $70,125 a year, so the median home costs 0.9 times the median income (4.8 times for Florida). 76% of occupied homes here are lived in by their owners, and 21% of those owners still have a mortgage.

Greenville at a glance

Greenville Florida U.S.
Median home value $63,200 $359,000 $332,700
Median property tax paid per year – $2,730 $3,119
Median household income $70,125 $74,568 $80,734
Homes lived in by their owners 76% 68% 65%
Owner homes with a mortgage 21% 56% 61%
Median monthly costs, owners with a mortgage $1,108 $1,959 $1,963
Those costs as a share of the owners' income 14.1% 23.6% 21.0%
Median rent $682 $1,669 $1,413
Rent as a share of renters' income 46.9% 35.2% 30.6%
Median year homes were built 1978 1988 1980
Vacant homes 13.9% 14.7% 10.1%
Population 1,650 22,416,077 334,922,499

What a typical home costs per month in Greenville

At this week's average 30-year rate of 7.11%, buying the median Greenville home of $63,200 with 20% down costs about $424 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $530, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $18,188 for the 20%-down payment. That payment is 7% of the median Greenville household income of $70,125; at that income and 20% down, the 28% guideline points to a home of about $244,000.

The median rent here is $682 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$12,640
Loan amount$50,560
Principal and interest$340
Property taxes (1.10% a year)$58
Homeowners insurance (our estimate, 0.5% a year)$26
PMI$0
Total per month$424

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3.5% down, 30-year FHA loan
Down payment$2,212
Loan amount$62,055
Principal and interest$417
Property taxes (1.10% a year)$58
Homeowners insurance (our estimate, 0.5% a year)$26
FHA mortgage insurance$28
Total per month$530

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Questions about home buying in Greenville

What is the median home value in Greenville?

About $63,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

What income do you need to buy a home in Greenville?

For the median home with 20% down at 7.11%, the payment is about $424 a month. Keeping that under 28% of gross income takes about $18,188 a year.

More about Greenville

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data