Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 763, 427 total housing units (homes and apartments), and a median house value of $164,146, house prices in Greenville are some of the most affordable in Florida as well as the nation.
Single-family detached homes are the single most common housing type in Greenville, accounting for 62.52% of the town's housing units. Other types of housing that are prevalent in Greenville include mobile homes or trailers ( 30.98%), duplexes, homes converted to apartments or other small apartment buildings ( 3.90%), and a few large apartment complexes or high rise apartments ( 2.60%).
The most prevalent building size and type in Greenville are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 64.12% owning and 35.88% renting.
There is a lot of housing in Greenville built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Greenville built between 1940-1969 ( 30.06%). A lesser amount of the housing stock also hails from before 1939 ( 18.55%). There's also some housing in Greenville built between 2000 and later ( 6.86%).
Vacant housing appears to be an issue in Greenville. Fully 20.78% of the housing stock is classified as vacant. Left unchecked, vacant Greenville homes and apartments can be a drag on the real estate market, holding Greenville real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
In the last 10 years, Greenville has experienced some of the highest home appreciation rates of any community in the nation. Greenville real estate appreciated 146.72% over the last ten years, which is an average annual home appreciation rate of 9.45%, putting Greenville in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Greenville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Greenville appreciation rates have trailed the rest of the nation. In the last twelve months, Greenville's appreciation rate has been 0.47%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Greenville were at -2.36%, which equates to an annual appreciation rate of -9.13%.
Notably, Greenville's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Florida, our data show that Greenville's latest annual appreciation rate is lower than 80% of the other cities and towns in Florida.
$164,146
for Florida
for nation
427
$1,477 / per month