Galesburg, IL Real Estate & Property Data

Galesburg Real Estate Market Trends
Last Updated: April 22, 2025

Accurate and comprehensive real estate data is critical for insight into Galesburg, IL 61401. ATTOM’s Galesburg real estate data is updated daily, and current market trends show that in Galesburg, IL a total of 612 residential properties have sold over the past year. With a median home price of $104,000 in Galesburg and a total of 2 foreclosures. Get detailed property data for Galesburg, IL instantly. ATTOM is your one-stop-shop for the Galesburg property reports and real estate data you need in Galesburg, IL.

Galesburg Real Estate Market Trends
Total Residential Properties 11,462
Total Commercial Properties 1,049
Avg. Home Age (Single Family Home) 78 Years
Avg. Square Feet (Single Family Home) 1,125
Total 2025 Residential Sales (year-to-date) 95
% of Homes Seriously Underwater (Q2 2025) 1.68%
Total 2024 Residential Sales 552
% of Equity Rich Homes (Q2 2025) 24.14%
Effective 2024 Property Tax 2.18%
Total Foreclosure Filings (year-to-date) 4
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Galesburg, IL 61401 Real Estate Overview

There were 612 residential properties sold in the past year in Galesburg, IL 61401. The median home value in Galesburg, IL 61401 is $86,784. There are a total of 11,462 residential properties in the 61401.

Median Sales Price i
$104,000
(Feb 2025)
-13.3%
year-over-year
y-o-y
  • February '25 Feb '25 $104,000
  • January '25 Jan '25 $105,000
  • December '24 Dec '24 $106,500
  • November '24 Nov '24 $118,500
  • October '24 Oct '24 $119,000
  • September '24 Sep '24 $118,000
  • August '24 Aug '24 $110,000
  • July '24 Jul '24 $120,000
  • June '24 Jun '24 $117,000
  • May '24 May '24 $95,000
  • April '24 Apr '24 $101,000
  • March '24 Mar '24 $116,000
Median Down Payment i
$8,250
(Feb 2025)
-45%
year-over-year
y-o-y
  • February '25 Feb '25 $8,250
  • January '25 Jan '25 $11,300
  • December '24 Dec '24 $10,775
  • November '24 Nov '24 $16,200
  • October '24 Oct '24 $15,400
  • September '24 Sep '24 $6,500
  • August '24 Aug '24 $11,550
  • July '24 Jul '24 $13,500
  • June '24 Jun '24 $12,655
  • May '24 May '24 $4,066
  • April '24 Apr '24 $13,000
  • March '24 Mar '24 $12,600
Number of Homes Sold i
60
(Feb 2025)
+22.4%
year-over-year
y-o-y
  • February '25 Feb '25 60
  • January '25 Jan '25 35
  • December '24 Dec '24 30
  • November '24 Nov '24 31
  • October '24 Oct '24 48
  • September '24 Sep '24 47
  • August '24 Aug '24 63
  • July '24 Jul '24 55
  • June '24 Jun '24 49
  • May '24 May '24 47
  • April '24 Apr '24 50
  • March '24 Mar '24 48
Number of Purchase Loans i
12
(Feb 2025)
-47.8%
year-over-year
y-o-y
  • February '25 Feb '25 12
  • January '25 Jan '25 14
  • December '24 Dec '24 19
  • November '24 Nov '24 19
  • October '24 Oct '24 24
  • September '24 Sep '24 33
  • August '24 Aug '24 43
  • July '24 Jul '24 29
  • June '24 Jun '24 27
  • May '24 May '24 24
  • April '24 Apr '24 26
  • March '24 Mar '24 22
Number of REFI Loans i
11
(Feb 2025)
+57.1%
year-over-year
y-o-y
  • February '25 Feb '25 11
  • January '25 Jan '25 7
  • December '24 Dec '24 10
  • November '24 Nov '24 13
  • October '24 Oct '24 8
  • September '24 Sep '24 15
  • August '24 Aug '24 12
  • July '24 Jul '24 13
  • June '24 Jun '24 9
  • May '24 May '24 9
  • April '24 Apr '24 7
  • March '24 Mar '24 12
Number of HELOC Loans i
10
(Feb 2025)
+11.1%
year-over-year
y-o-y
  • February '25 Feb '25 10
  • January '25 Jan '25 17
  • December '24 Dec '24 17
  • November '24 Nov '24 12
  • October '24 Oct '24 18
  • September '24 Sep '24 14
  • August '24 Aug '24 14
  • July '24 Jul '24 10
  • June '24 Jun '24 17
  • May '24 May '24 32
  • April '24 Apr '24 8
  • March '24 Mar '24 10

Galesburg, IL 61401 Foreclosure Activity

There were a total of 2 Galesburg, IL 61401 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i
2
(Feb 2025)
-71.4%
year-over-year
y-o-y
  • February '25 Feb '25 2
  • January '25 Jan '25 2
  • December '24 Dec '24 2
  • November '24 Nov '24 4
  • October '24 Oct '24 8
  • September '24 Sep '24 4
  • August '24 Aug '24 5
  • July '24 Jul '24 5
  • June '24 Jun '24 N/A
  • May '24 May '24 6
  • April '24 Apr '24 4
  • March '24 Mar '24 6
Foreclosure Starts i
1
(Feb 2025)
-85.7%
year-over-year
y-o-y
  • February '25 Feb '25 1
  • January '25 Jan '25 1
  • December '24 Dec '24 2
  • November '24 Nov '24 2
  • October '24 Oct '24 3
  • September '24 Sep '24 2
  • August '24 Aug '24 4
  • July '24 Jul '24 3
  • June '24 Jun '24 N/A
  • May '24 May '24 6
  • April '24 Apr '24 2
  • March '24 Mar '24 3
Completed Foreclosures (REOs) i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 3
  • December '24 Dec '24 2
  • November '24 Nov '24 N/A
  • October '24 Oct '24 1
  • September '24 Sep '24 1
  • August '24 Aug '24 1
  • July '24 Jul '24 1
  • June '24 Jun '24 3
  • May '24 May '24 1
  • April '24 Apr '24 2
  • March '24 Mar '24 N/A
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