Galesburg, IL Real Estate & Property Data

Galesburg Real Estate Market Trends
Last Updated: April 16, 2024

Accurate and comprehensive real estate data is critical for insight into Galesburg, IL. ATTOM’s Galesburg real estate data is updated daily, and current market trends show that in Galesburg, IL a total of 609 residential properties have sold over the past year. With a median home price of $120,000 in Galesburg and a total of 7 foreclosures. Get detailed property data for Galesburg, IL instantly. ATTOM is your one-stop-shop for the Galesburg property reports and real estate data you need in Galesburg, IL.

Galesburg Real Estate Market Trends
Total Residential Properties 11,475
Total Commercial Properties 1,056
Avg. Home Age (Single Family Home) 77 Years
Avg. Square Feet (Single Family Home) 1,125
Total 2024 Residential Sales (year-to-date) 84
% of Homes Seriously Underwater (Q2 2024) 1.83%
Total 2023 Residential Sales 559
% of Equity Rich Homes (Q2 2024) 23.09%
Effective 2023 Property Tax 1.98%
Total Foreclosure Filings (year-to-date) 13
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Galesburg, IL Real Estate Overview

There were 609 residential properties sold in the past year in Galesburg, IL. The median home value in Galesburg, IL is $84,336. There are a total of 11,475 residential properties in the Galesburg.

Median Sales Price i
$120,000
(Feb 2024)
+15.4%
year-over-year
y-o-y
  • February '24 Feb '24 $120,000
  • January '24 Jan '24 $99,000
  • December '23 Dec '23 $140,000
  • November '23 Nov '23 $89,000
  • October '23 Oct '23 $90,000
  • September '23 Sep '23 $93,500
  • August '23 Aug '23 $111,500
  • July '23 Jul '23 $102,000
  • June '23 Jun '23 $100,000
  • May '23 May '23 $94,000
  • April '23 Apr '23 $122,000
  • March '23 Mar '23 $90,500
Median Down Payment i
$15,000
(Feb 2024)
+96.1%
year-over-year
y-o-y
  • February '24 Feb '24 $15,000
  • January '24 Jan '24 $7,400
  • December '23 Dec '23 $7,375
  • November '23 Nov '23 $7,200
  • October '23 Oct '23 $11,350
  • September '23 Sep '23 $7,750
  • August '23 Aug '23 $9,051
  • July '23 Jul '23 $8,550
  • June '23 Jun '23 $12,640
  • May '23 May '23 $4,600
  • April '23 Apr '23 $12,500
  • March '23 Mar '23 $10,000
Number of Homes Sold i
49
(Feb 2024)
+53.1%
year-over-year
y-o-y
  • February '24 Feb '24 49
  • January '24 Jan '24 35
  • December '23 Dec '23 33
  • November '23 Nov '23 51
  • October '23 Oct '23 40
  • September '23 Sep '23 63
  • August '23 Aug '23 49
  • July '23 Jul '23 52
  • June '23 Jun '23 51
  • May '23 May '23 48
  • April '23 Apr '23 53
  • March '23 Mar '23 53
Number of Purchase Loans i
23
(Feb 2024)
+109.1%
year-over-year
y-o-y
  • February '24 Feb '24 23
  • January '24 Jan '24 14
  • December '23 Dec '23 15
  • November '23 Nov '23 39
  • October '23 Oct '23 27
  • September '23 Sep '23 39
  • August '23 Aug '23 28
  • July '23 Jul '23 35
  • June '23 Jun '23 38
  • May '23 May '23 35
  • April '23 Apr '23 29
  • March '23 Mar '23 26
Number of REFI Loans i
7
(Feb 2024)
-36.4%
year-over-year
y-o-y
  • February '24 Feb '24 7
  • January '24 Jan '24 5
  • December '23 Dec '23 14
  • November '23 Nov '23 10
  • October '23 Oct '23 10
  • September '23 Sep '23 14
  • August '23 Aug '23 15
  • July '23 Jul '23 9
  • June '23 Jun '23 9
  • May '23 May '23 13
  • April '23 Apr '23 11
  • March '23 Mar '23 12
Number of HELOC Loans i
9
(Feb 2024)
-30.8%
year-over-year
y-o-y
  • February '24 Feb '24 9
  • January '24 Jan '24 5
  • December '23 Dec '23 15
  • November '23 Nov '23 8
  • October '23 Oct '23 15
  • September '23 Sep '23 10
  • August '23 Aug '23 11
  • July '23 Jul '23 20
  • June '23 Jun '23 16
  • May '23 May '23 15
  • April '23 Apr '23 17
  • March '23 Mar '23 18

Galesburg, IL Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value

Galesburg, IL Foreclosure Activity

There were a total of 7 Galesburg, IL properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 7 Galesburg, IL properties and repossessed 2 Galesburg, IL properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
7
(Feb 2024)
+75%
year-over-year
y-o-y
  • February '24 Feb '24 7
  • January '24 Jan '24 6
  • December '23 Dec '23 4
  • November '23 Nov '23 1
  • October '23 Oct '23 4
  • September '23 Sep '23 7
  • August '23 Aug '23 3
  • July '23 Jul '23 8
  • June '23 Jun '23 5
  • May '23 May '23 3
  • April '23 Apr '23 4
  • March '23 Mar '23 8
Foreclosure Starts i
7
(Feb 2024)
+250%
year-over-year
y-o-y
  • February '24 Feb '24 7
  • January '24 Jan '24 4
  • December '23 Dec '23 3
  • November '23 Nov '23 1
  • October '23 Oct '23 4
  • September '23 Sep '23 3
  • August '23 Aug '23 1
  • July '23 Jul '23 5
  • June '23 Jun '23 4
  • May '23 May '23 2
  • April '23 Apr '23 3
  • March '23 Mar '23 8
Completed Foreclosures (REOs) i
2
(Feb 2024)
-33.3%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 2
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 2
  • September '23 Sep '23 1
  • August '23 Aug '23 1
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 1
  • April '23 Apr '23 1
  • March '23 Mar '23 1
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