Galesburg, IL 61401 Real Estate & Property Data

Galesburg, IL 61401 Real Estate Market Trends
Last Updated: April 27, 2024

A total of 609 residential properties have been sold over the past 12 months in 61401. With a median sales price of $120,000 in 61401 and a total of 7 foreclosures in Galesburg, IL 61401. Discover market trends and get the granular level real estate data for Galesburg, IL 61401 to keep your pulse on the housing market. Curate compelling home reports for Galesburg, IL 61401 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Galesburg, IL 61401 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
Interested in Purchasing National or Galesburg, IL 61401 Property Data?

Galesburg, IL 61401 Real Estate Overview

There were 609 residential properties sold in the past year in Galesburg, IL 61401. The median home value in Galesburg, IL 61401 is $84,336. There are a total of 11,475 residential properties in the 61401.

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 61401 Foreclosure Activity

There were a total of 7 Galesburg, IL 61401 properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 7 Galesburg, IL 61401 properties and repossessed 2 Galesburg, IL 61401 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
Learn how industries are using property, assessor, mortgage, boundary, foreclosure, AVM, listing, hazard, climate, and neighborhood data.
Interested in growing your business with Galesburg, IL 61401 property data?

Contact Us Now!
Call (800) 692-2596 — or fill out this form and we’ll be in touch shortly.