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City / Town Overview

Galesburg, IL

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
July 2026  ·  Source: Realtor.com

Market Analysis

Data as of July 2026. Source: Realtor.com.

The Galesburg, IL real estate market currently shows 123 active listings, with 46 pending sales. Homes are averaging 42 days on the market before going under contract.

Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 42 days on market compared to 39 days last year.

The median listing price has risen 7.3% year-over-year, from $119,975 to $128,700.

Whether you are buying or selling in Galesburg, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 32,557  ·  Density: 525.8/mi²  ·  Median household income: $42,987

Typical home value: $84,875  ·  Homeownership: 57.9%

Included Areas

Galesburg: 61401, 61402

Area Map

Market Overview

Active Listings
123
⇧ 18.3% vs 104 last year
Pending
46
37% pending ratio
Median Price
$128,700
⇧ 7.3% vs $119,975 last year
Average Price
$142,870
⇩ 17.8% vs $173,796 last year
Days on Market
42
⇧ 7.7% vs 39 days last year

Price Per Square Foot

Median $/sqft
$85
⇧ 2.4% vs $83/sqft last year
Median Home Size
1,531 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %