Foreclosure Homes in Galesburg, IL 61401

Current Market Conditions in Galesburg, IL

The real estate market in Galesburg has shown steady growth over the past few years, with an increasing demand for homes due to the area's affordability and community appeal. Investors can find opportunities in both residential and rental properties, as the rental market remains robust.

Current property listings reflect a range of prices, providing options for various investment strategies. With ongoing developments, including infrastructure improvements and local business growth, the area is poised for further appreciation.

Rent Prices In Galesburg, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Galesburg, IL, is on a rollercoaster ride. The average rent price in Galesburg, IL, is $1,017.00. Indeed, when looking to rent in Galesburg, IL, you can expect to pay as little as $420.00 or as much as $3,320.00, with the average rent median estimated to be $990.00. The good news is that finding an affordable and desirable property to rent in Galesburg, IL -- 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.