Is Greenfield, IL 62044 a buyer’s or seller’s market?
Greenfield is a seller’s market. With about 2.4 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Greenfield housing market right now
In the three months ending August 31, 2026, 0% of homes in Greenfield, IL 62044 sold above their list price, the typical home went under contract in 136 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (55 days then) and the median sale price rose 103% to $229,901. Overall, Greenfield is less competitive than a year ago, which gives buyers more room.
Within Greene County, homes here sell more slowly than in 71% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Eldred 62027 (100% sold over asking) and Carrollton 62016 (10% sold over asking) are even more competitive.
Run the numbers for 62044
Nearby markets
Carrollton 62016Seller’s market $100 /sq ftEldred 62027 $73 /sq ftHillview 62050Seller’s market $74 /sq ftKane 62054Buyer’s market $87 /sq ft Browse all markets →Towns like Greenfield nearby
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Questions about Greenfield real estate
Is Greenfield a buyer’s or seller’s market?
A seller’s market: there were 2.4 months of supply in Greenfield, IL 62044 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Greenfield?
The typical home went under contract in 136 days in the latest three months.
Do homes in Greenfield sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 93.3% of the list price.
What are property taxes in Greenfield?
About 1.74% of a home’s value a year in Greene County, or roughly $6,960 on a $400,000 home.
What is the median home price in Greenfield?
The median sale price was $229,901 in the three months ending August 31, 2026, about $171 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology