The typical owner-occupied home in Green Valley is worth about $115,900, 56% below the Illinois median of $263,300 and 65% below the national median of $332,700. Owners pay a median $2,074 a year in property taxes, about 1.79% of their home's value, lower than the Illinois rate of 2.01%. The median household earns $53,500 a year, so the median home costs 2.2 times the median income (3.2 times for Illinois). 66% of occupied homes here are lived in by their owners, and 69% of those owners still have a mortgage.
Green Valley at a glance
| Green Valley | Illinois | U.S. | |
|---|---|---|---|
| Median home value | $115,900 | $263,300 | $332,700 |
| Median property tax paid per year | $2,074 | $5,298 | $3,119 |
| Property tax as a share of value | 1.79% | 2.01% | 0.94% |
| Median household income | $53,500 | $83,390 | $80,734 |
| Homes lived in by their owners | 66% | 67% | 65% |
| Owner homes with a mortgage | 69% | 61% | 61% |
| Median monthly costs, owners with a mortgage | $1,158 | $1,987 | $1,963 |
| Those costs as a share of the owners' income | 22.1% | 20.6% | 21.0% |
| Median rent | $759 | $1,274 | $1,413 |
| Rent as a share of renters' income | 20.3% | 29.1% | 30.6% |
| Median year homes were built | 1957 | 1971 | 1980 |
| Vacant homes | 7.2% | 7.7% | 10.1% |
| Population | 683 | 12,694,798 | 334,922,499 |
What a typical home costs per month in Green Valley
At this week's average 30-year rate of 7.11%, buying the median Green Valley home of $115,900 with 20% down costs about $845 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,038, 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 $36,210 for the 20%-down payment. That payment is 19% of the median Green Valley household income of $53,500; at that income and 20% down, the 28% guideline points to a home of about $171,000.
The median rent here is $759 a month, so owning the median home costs about $86 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $23,180 |
|---|---|
| Loan amount | $92,720 |
| Principal and interest | $624 |
| Property taxes (1.79% a year) | $173 |
| Homeowners insurance (our estimate, 0.5% a year) | $48 |
| PMI | $0 |
| Total per month | $845 |
Change the numbers in the calculator
| Down payment | $4,056 |
|---|---|
| Loan amount | $113,801 |
| Principal and interest | $766 |
| Property taxes (1.79% a year) | $173 |
| Homeowners insurance (our estimate, 0.5% a year) | $48 |
| FHA mortgage insurance | $51 |
| Total per month | $1,038 |
Change the numbers in the calculator
Questions about home buying in Green Valley
What is the median home value in Green Valley?
About $115,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Green Valley?
Homeowners pay a median $2,074 a year, which is about 1.79% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Green Valley?
For the median home with 20% down at 7.11%, the payment is about $845 a month. Keeping that under 28% of gross income takes about $36,210 a year.
More about Green Valley
- Mortgage Refinance in Green Valley
- Debt Relief in Green Valley
- Home Equity Loans in Green Valley
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
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