Greene County’s decision tension is whether its measured income return offsets softer listing evidence and a flood-diligence burden. It merits investigation by buyers willing to validate site costs and leasing; investors needing rapid resale or standardized hazard exposure should be cautious. Zillow’s county median home value was $373,047 in June 2026, up 2.36% year over year. Separately, FHFA’s 2025 repeat-transaction HPI increased 1.72%. That index confirms direction only: it is not a dollar home value, and its observation cannot be merged with Zillow’s into one growth rate.
Median asking rent was $1,699 per month, supporting the stated 5.47% gross yield before operating costs. HUD’s two-bedroom FMR of $1,373 is a payment standard, not an asking-rent estimate, and cannot substitute for market rent in yield work. The 1.49% effective property-tax rate is a material carrying-cost screen alongside price and rent; insurance, maintenance, vacancy and financing are not supplied, so net yield cannot be computed.
In Realtor.com’s MLS listing evidence from that same supplied period, median asking price fell 5.5% annually, with 439 active listings and a 33.37% pending-to-active ratio. These are visible supply and listing-market measures, not closed-sale prices or proof of demand by themselves. QCEW annual data show growth in covered workplace employment and covered-worker weekly wages; Trade, transportation, and utilities is the largest disclosed private supersector, not the whole economy. Tax-return migration was a small inflow, but incoming movers reported lower average AGI than those leaving. Non-occupant investor purchases were 33 of 464 purchases, or 7.11%, indicating participation but not a dominant purchase cohort.
Inland flood is the dominant hazard, consistent with a modeled annual climate-loss ratio of 0.15% of building value; this county-level model does not establish a parcel’s exposure or insured loss. Obtain flood-zone, elevation, prior-loss and insurance evidence, plus a property-specific tax bill and operating statements. Comparable lease terms, vacancy, actual concessions, sale prices and financing terms are unpublished here. Their absence prevents property-level net-yield, flood-cost and exit-liquidity conclusions.