Photo: Jimmy Thomas · CC BY-SA 2.0331 homes sold in Galesburg in the last year, at a typical $112K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Galesburg homes are listed.
Every place Galesburg homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Galesburg.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 93% of Galesburg’s sales, at a typical $111K (year to May 2026)
331 homes sold in the year to September 2026.
typical sale · 283 sold in the year to May 2026
- Per square foot
- $86IL $180
- Days to sell
- 49
- Sold over asking
- 23%
- Listings with a price cut
- 28%
Multi-family (2–4 units): 9 sold, typical $70K
Townhouses: 8 sold, typical $85K
Condos: 5 sold, typical $220K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.7 times the 2016 price
331 sales in the last year, against 411 in 2021 and a low of 285 in 2012. The typical sale went from $68K in 2016 to $112K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $150K buys in Galesburg
Check a listing against what Galesburg homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Galesburg are more common than before the pandemic, but half fewer homes come up for sale
We read every month of Galesburg’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 331 sales.
If you’re buying in Galesburg
- Shop in September. It brings about 35 new listings a month, close to the busiest month, with fewer bidding wars (15% over asking).
- Offer under asking. Buyers paid 96.1% of the list price on average; 22% paid over.
- You’ll usually have time. Only 45% of homes go under contract within two weeks; the typical one takes 47 days.
Summer brings the homes; spring brings the bidding wars
June has the most new listings (about 38 a month), but May is the most competitive: 20% of May sales close over asking. August and September offer nearly as much choice with fewer homes bid up (16%). February has the least competition (11%) but only about 19 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and calmer than Illinois
| Galesburg now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 22% | 9% | 25% | 36% |
| Gone within two weeksShare of homes under contract within 14 days | 45% | 3% | 2% | 45% |
| Price paid vs. askingAverage sale price ÷ list price | 96.1% | 93.4% | 96.3% | 99% |
| Days to sellMedian days from listing to contract | 47 | 108 | 64 | 51 |
76 homes for sale on a typical day
That’s 1.3 times the 2024 low (59), 47% fewer than in 2017–19 and well under 2014’s 156.
Since 2019, houses are up 41%, condos 63%
A house typically sold for $111K in the year to May 2026 (283 sales), a condo for $220K (5).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Galesburg ranks 295th of 327 busy Illinois markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Galesburg is one of the state’s calmer markets.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Galesburg home costs about $770 a month
Price: Galesburg’s typical sale, last 12 months. Property tax at Galesburg’s 2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Galesburg is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 14.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $112K home, about $2,220 a year.
Taxes vs. neighborsSchools
The schools grade for Galesburg, from test results, graduation and how much students grow.
Schools in GalesburgTypical commute
The average one-way trip to work for people who live in Galesburg.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Abingdon, Monmouth and Galva sell for less a square foot; Oak Run for far more
The busier markets within 25 miles of Galesburg, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Galesburg | 331 | $112K | $88 | 22% | 47 |
| Oak Run | 42 | $400K | $187 | 13% | 56 |
| Knoxville | 37 | $175K | $98 | 12% | 59 |
| Monmouth | 27 | $107K | $71 | 16% | 80 |
| Elmwood | 26 | $161K | $88 | 25% | 29 |
| Abingdon | 25 | $85K | $62 | 20% | 59 |
| Galva | 22 | $115K | $68 | 5% | 52 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Galesburg, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Galesburg. People who follow the town see it, and so do people comparing Galesburg with their own town. No commission, no listing fee.
Questions about buying a home in Galesburg
What do homes sell for in Galesburg, IL?
331 homes sold in the year to September 2026 at a typical $112K, $88 a square foot.
Is Galesburg a buyer’s or seller’s market?
A seller’s market: 103 homes were for sale in September 2026 and 37 sold, about 2.8 months of supply. Buyers paid 96.1% of asking on average.
When is the best time to buy in Galesburg?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Galesburg?
About 2% of a home’s value a year. On a $112K home that’s near $2,220.
Where can I see homes for sale in Galesburg?
Zillow, Redfin, Realtor.com and Homes.com all carry Galesburg’s MLS listings; the search links above open each one filtered to Galesburg.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).