Foreclosures in Galesburg, IL

Current Market Conditions in Galesburg, IL

The Galesburg real estate market has shown steady improvement over recent months, with a slight increase in home prices and demand. The average days on the market for listings has decreased, suggesting a competitive environment.

More buyers are entering the market, driven by low mortgage rates and the appeal of suburban living. As a result, Galesburg's housing market is becoming increasingly attractive compared to neighboring areas.

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 $1,018.00. 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.