Are home prices going up or down in Galesburg, IL?
In Galesburg, IL, the typical home sold for $125,500 during May 2026. That is 3% lower than the same stretch a year ago, so prices are down.
Over the last 36 months the typical sale price in Galesburg, IL went from $132,000 to $125,500 — down 5%.
The high point was $153,750, reached in June 2025. Today's typical sale is 18% below that.
Measured by size, homes in Galesburg, IL are selling for about $104 per square foot. Price per square foot is the fairer comparison when the mix of what sells shifts from month to month — a run of big houses can push the typical price up without anything actually getting more expensive.
Source: Redfin's published market data for the Galesburg, IL area, through May 2026.
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More about the Galesburg, IL market
- When is the best month to sell a house in Galesburg, IL?
- How long does it take to sell a house in Galesburg, IL?
- Do homes sell above asking price in Galesburg, IL?
- Is Galesburg, IL a buyer's market or a seller's market?
- How many homes are for sale in Galesburg, IL?
- All Galesburg, IL housing numbers
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Figures come from Redfin's published market data for the Galesburg, IL area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.