Metropolitan market · Illinois · June 2026 data

Galesburg Real Estate Market

The Galesburg, IL housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Galesburg report in a click.

Median listing price
$152,475
▲ 15.2% YoY
Median $ / sq ft
$95
1,665 sq ft median
Median days on market
47
June 2026
Active listings
113
For sale now
New listings
70
June 2026
Listings with price cuts
14%
Share of active
Median sale price (closed)
$125,500
▼ 3.5% YoY · closed sales
Sale-to-list ratio
96.8%
Closed sales
Homes sold / month
48
Closed sales
Median listing price trend
$165K$151K$137K$124K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Galesburg IL · trailing 8 quarters · source: public records and industry data.

The 10-year view
$152K$138K$123K$109K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Galesburg IL · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
113
New this month
70
Pending
73
Price-reduced
16

As of June 2026, the median home listed in Galesburg, IL asks $152,475 — up 15.2% from a year ago. Homes are taking a median of 47 days to go under contract, and 14% of the 113 active listings have taken a price cut, which points to a balanced market. Figures cover the Galesburg, IL metro area. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
76/100
#38 of 932 covered metros
12-month outlook
+4.1%
▲ Rising · model output, not advice
Momentum
51
Value
96
Rental yield
92
Supply risk
14
Market heat
58

Galesburg scores 76/100 on our composite Investor Score (#38 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 53% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are up 15.2% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Galesburg ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$687/mo
−$78/mo vs today
At today's rate · 6.43%
$765/mo
National weekly average
If rates rise 1% · 7.43%
$847/mo
+$82/mo vs today

Principal & interest on the $152,475 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
2
0.0 per 1,000 residents
Net migration (2022–2023)
-90
▼ people, via tax-return records
net income flow −$2.9M/yr
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Galesburg market FAQs

What is the median home price in Galesburg?
As of June 2026, the median listing price in Galesburg, IL is $152,475, up 15.2% year over year (source: public records and industry data). Figures cover the Galesburg, IL metro area.
How fast are homes selling in Galesburg?
The median property in Galesburg spends 47 days on the market, with 113 homes actively listed and 14% of them carrying a price cut — a balanced market by pace.
Who are the top real estate agents in Galesburg?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Galesburg and the wider Illinois market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Galesburg, IL metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.