Foreclosures in Galena, IN 47119

Current Market Conditions in Galena, IN

The real estate market in Galena is currently experiencing a steady demand, particularly for single-family homes near the town center. Despite the national trends that indicate fluctuating prices, Galena maintains a desirable stability in its housing market due to its unique charm and the appeal of rural living, resulting in moderate price appreciation in the past year.

Rent Prices In Galena, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Galena, IN, is on a rollercoaster ride. The average rent price in Galena, IN, is $1,366.00. Indeed, when looking to rent in Galena, IN, you can expect to pay as little as $860.00 or as much as $1,970.00, with the average rent median estimated to be $1,330.00. The good news is that finding an affordable and desirable property to rent in Galena, IN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.