Galesburg, IL, Real Estate
Galesburg, Illinois, is a charming small city in Knox County, known for its rich history and vibrant community. Founded in 1837 by George Washington Gale, it became a significant railroad hub in the 19th century, which is still evident in the Galesburg Railroad Museum and the annual Railroad Days festival. The city is the birthplace of poet Carl Sandburg, whose legacy is celebrated at the Carl Sandburg State Historic Site. With a population of around 30,000, Galesburg offers a blend of cultural attractions, including Knox College, a historic liberal arts institution, and a lively downtown with antique shops, local eateries, and community events. It
Galesburg currently has 2 single family homes for sale with an average list price of $117,025. The average annual property tax for Galesburg is $1,674.53.
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Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Galesburg, i.e. what's hot and what's not.
See What's Hot & What's Not in Galesburg
Market Trends
Galesburg home sales for the month of July stayed the same in volume when compared to last year, while the median sale price stayed the same.
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3
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1
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1
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5
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| 2021 | 2022 | 2023 | 2024 |
| # of sales per year | |||
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$19,500
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$40,000
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$200,000
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$69,900
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| 2021 | 2022 | 2023 | 2024 |
| median sale price per year | |||
Median Sale Price for Galesburg
Number of Sales for Galesburg
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