Galesburg, IL

Leaning buyer's-22.4% YoY

Housing market overview · Updated weekly

$80,750median sale price

Homes sold

16

Last 12 weeks

Days on market

93

Average pace

Active listings

54

3.4 months supply

Sale-to-list

89.1%

Below asking

The Galesburg housing market is currently classified as a leaning buyer's with a median sale price of $80,750. Prices have fallen 22.4% compared to last year, with homes spending an average of 93 days on market, indicating 3.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Galesburg

There are currently 54 homes listed for sale in Galesburg, Illinois. The median listing price is $125K.

Active listings

54

Homes on market

Median list price

$125K

Avg. days on market

93

Days until sale

New this week

27

Newly listed

Price drops:24.1%of listings
Sale-to-list:89.1%

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Frequently asked questions

What is the average home price in Galesburg?

The median home sale price in Galesburg is $80,750, down 22.4% from last year.

How long do homes stay on market in Galesburg?

Homes typically spend 93 days on market before going under contract.

Is Galesburg a buyer's or seller's market?

With 3.4 months of supply, Galesburg is currently a leaning buyer's.

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