The typical owner-occupied home in Greenville is worth about $199,200, 48% below the Virginia median of $383,700 and 40% below the national median of $332,700. Owners pay a median $1,318 a year in property taxes, about 0.66% of their home's value, lower than the Virginia rate of 0.73%. The median household earns $41,691 a year, so the median home costs 4.8 times the median income (4.1 times for Virginia). 58% of occupied homes here are lived in by their owners, and 62% of those owners still have a mortgage.
Greenville at a glance
| Greenville | Virginia | U.S. | |
|---|---|---|---|
| Median home value | $199,200 | $383,700 | $332,700 |
| Median property tax paid per year | $1,318 | $2,790 | $3,119 |
| Property tax as a share of value | 0.66% | 0.73% | 0.94% |
| Median household income | $41,691 | $93,170 | $80,734 |
| Homes lived in by their owners | 58% | 67% | 65% |
| Owner homes with a mortgage | 62% | 67% | 61% |
| Median monthly costs, owners with a mortgage | $1,193 | $2,127 | $1,963 |
| Those costs as a share of the owners' income | 23.2% | 20.1% | 21.0% |
| Median rent | – | $1,579 | $1,413 |
| Rent as a share of renters' income | 38.4% | 29.4% | 30.6% |
| Median year homes were built | 1965 | 1984 | 1980 |
| Vacant homes | 10.6% | 8.7% | 10.1% |
| Population | 1,183 | 8,705,170 | 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 $199,200 with 20% down costs about $1,265 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,596, 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 $54,196 for the 20%-down payment. That payment is 36% of the median Greenville household income of $41,691; at that income and 20% down, the 28% guideline points to a home of about $153,000.
| Down payment | $39,840 |
|---|---|
| Loan amount | $159,360 |
| Principal and interest | $1,072 |
| Property taxes (0.66% a year) | $110 |
| Homeowners insurance (our estimate, 0.5% a year) | $83 |
| PMI | $0 |
| Total per month | $1,265 |
Change the numbers in the calculator
| Down payment | $6,972 |
|---|---|
| Loan amount | $195,592 |
| Principal and interest | $1,316 |
| Property taxes (0.66% a year) | $110 |
| Homeowners insurance (our estimate, 0.5% a year) | $83 |
| FHA mortgage insurance | $88 |
| Total per month | $1,596 |
Change the numbers in the calculator
Questions about home buying in Greenville
What is the median home value in Greenville?
About $199,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Greenville?
Homeowners pay a median $1,318 a year, which is about 0.66% 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 Greenville?
For the median home with 20% down at 7.11%, the payment is about $1,265 a month. Keeping that under 28% of gross income takes about $54,196 a year.
More about Greenville
- Mortgage Refinance in Greenville
- Debt Relief in Greenville
- Home Equity Loans in Greenville
- 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