Housing in Galena, IN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — December 2025

Median Sale Price

$235,000

Median List Price

$283,000

Price Per Sq Ft

$122

Days on Market

217

Active Inventory

5

Months of Supply

5.0

Balanced market

Price Trends

Source: Redfin
Sale Price ↑ 4.4%List Price ↓ 5.7%Mar 24 → Dec 25

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

100.0%

Seller's market

Sold Above Asking
0.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
20.0%

Market Activity

Source: Redfin

Homes Sold

1

New Listings

3

Pending Sales

1

Homes Sold ↓ 50.0%New Listings ↑ 0.0%Pending ↓ 50.0%Mar 24 → Dec 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$122

Median List $/SF

$172

Sale $/SF ↑ 34.1%List $/SF ↓ 22.5%Mar 24 → Dec 25

Galena vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Galena is highlighted.

Median Home Value

Median Price Per Sq Ft

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$269,000

Median Rent

N/A

Total Housing Units

570

Vacancy Rate

9.3%

Owner Occupied

98.8%

Renter Occupied

1.2%

Median Property Tax

$1,525

per year

Monthly Cost (w/ Mortgage)

$1,411

Housing Types

Single Family
98.4%
Multi-Family
0.0%
Mobile Home
1.6%

The current median sale price in Galena, IN is $235,000 according to Redfin data. Homes spend a median of 217 days on the market. 0.0% of homes sold above asking price. The market has 5.0 months of supply. The median price per square foot is $122. About 98.8% of housing units are owner-occupied. The median year homes were built is 1988. There are 570 total housing units.