Greene County presents a price-direction-versus-income-production tension: Zillow’s 2026-06 median home value was $135,952, up 5.73% year over year, while lease economics are unmeasured. This merits investigation by buyers who can obtain property-level rent and flood evidence; yield-first underwriting should be cautious. The Zillow observation is a home-value estimate, and no FHFA annual repeat-transaction HPI is supplied to corroborate its direction; the measures cannot be combined.
No county market asking rent is published, so gross yield cannot be computed. HUD’s two-bedroom FMR of $1,140 per month is a payment standard, not market rent and not a yield input. The effective property-tax rate is 0.55%, with median annual tax of $444; these are county benchmarks rather than a tax bill for a Zillow-median property. Rent comps, executed leases, vacancy, and parcel assessment are needed to test whether carrying costs fit income.
Workplace evidence is modest and mixed. QCEW’s 2025 annual average shows 1,748 covered jobs, up 0.40%, and an average weekly covered-worker wage of $907, up 9.54%; Manufacturing is the largest disclosed private supersector, not a description of the whole economy. Tax-return migration records 124 movers in and 174 out, a net loss of 50, although inbound movers averaged $39,210 versus $35,098 outbound. In the supplied purchase measure, investor share was 0% across 28 purchases. Higher arriving income and absent recorded investor participation temper, but do not reverse, the net-outflow signal; neither establishes tenant demand or buyer competition. No Realtor.com MLS listing price, active-listing, marketing-time, or price-reduction figures are supplied, preventing a visible-supply assessment.
Inland flood is the dominant hazard, and modeled expected annual building loss equals 0.24% of building value; it is a modeled loss ratio, not a property-specific dollar loss. Obtain flood-zone, elevation, prior-loss, insurance, condition, lease, and parcel-tax evidence before relying on county measures. Missing FHFA, market-rent, and Realtor.com evidence respectively prevents an appreciation cross-check, gross-yield calculation, and listing-market read.