Housing in Galesburg, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$119,500
Median List Price
$103,700
Price Per Sq Ft
$97
Days on Market
34
Active Inventory
48
Months of Supply
4.0
Balanced market
Zillow Home Value
$97,479
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
16.7%
Off Market in 2 Weeks
17.6%
Sale-to-List Ratio
96.2%
Buyer's market
Market Activity
Source: RedfinHomes Sold
12
New Listings
10
Pending Sales
17
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$97
Median List $/SF
$70
Galesburg vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Galesburg is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$89,800
Median Rent
$719
Total Housing Units
14,217
Vacancy Rate
12.0%
Owner Occupied
61.2%
Renter Occupied
38.8%
Median Property Tax
$1,828
per year
Monthly Cost (w/ Mortgage)
$778
Housing Types
The current median sale price in Galesburg, IL is $119,500 according to Redfin data. Homes spend a median of 34 days on the market. 16.7% of homes sold above asking price. The market has 4.0 months of supply. The median price per square foot is $97. The median rent is $719 per month (Census ACS). About 61.2% of housing units are owner-occupied. The median year homes were built is 1953. There are 14,217 total housing units.