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Greenwood, IL

Full City Profile · Illinois · McHenry County County

3.6 /5.0
B+ Good
559 Population 210/sq mi density
$138,750 Median Income $44,217 per capita
$407,300 Home Value $280,735 Zillow
$1,370 Median Rent 9.0% income on rent
49°F Avg Temperature 260 sunny days/yr
90 Violent Crime/100K 181 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$138,750 median income, 1.5% unemployment
A+
Affordability
5.0 / 5.0
$407,300 home value, $1,370/mo rent
F
Safety
1.0 / 5.0
90 violent crimes/100K
B+
Education
3.6 / 5.0
32.1% bachelor's degree or higher

Housing Overview

Median Home Value
$407,300
44% above
US avg: $281,900
Median Rent
$1,370/mo
18% above
US avg: $1,163/mo
Homeownership Rate
78.9%
21% above US avg (65.4%)
Total Housing Units
188
Median year built: 1969

Home Value by Source

Census Median
$407,300
Zillow (ZHVI)
$280,735
Median Sale Price
$550,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

78.9%
Owner-Occupied
21.1%
Renter-Occupied
79%
21%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $1,370/mo

Market Indicators (Redfin)

Median Days on Market
113 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$294
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
9.0%
of renters spending 30%+ of income on housing
71% below US avg (31.0%)
Median Year Built
1969
Average age of housing stock: 57 years
Homeownership Rate
78.9%

Complete Housing Data

Home Values

Census Median Value$407,300
Zillow Home Value (ZHVI)$280,735
Median Sale Price$550,000
Price Per Sq Ft$294

Rent

Census Median Rent$1,370
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market113
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Active Inventory1
Price Per Sq Ft$294

Ownership & Stock

Owner-Occupied78.9%
Renter-Occupied21.1%
Homeownership Rate78.9%
Total Housing Units188
Median Year Built1969
Rent Burden9.0%