The housing market in East Galesburg, IL is showing appreciation year over year at 7.76%, slightly lower than the national average of 8.27%. The median home value is currently $92,000, which is significantly lower than the US median of $338,100. This suggests that housing prices in East Galesburg are quite affordable and presents an opportunity for potential buyers to invest in a growing market.
The median home cost in East Galesburg is $92,000. Home appreciation the last 10 years has been 28.7%. Home Appreciation in East Galesburg is up 8.9%.
Average Age of Homes
- The median age of East Galesburg real estate is 46 years old
The Rental Market in East Galesburg
- Renters make up 24.9% of the East Galesburg population
- 0.0% of houses and apartments in East Galesburg, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.