Galatia, IL has a steady housing market. The median value of homes in Galatia is $80,800, which is much lower than the national median house value of $338,100. Despite this difference, the one year appreciation rate for both Galatia and the US are quite similar at 8.05% and 8.27%, respectively. This suggests that Galatia's real estate market is thriving and relatively stable despite its lower median value when compared to the US as a whole.
The median home cost in Galatia is $80,800. Home appreciation the last 10 years has been 35.3%. Home Appreciation in Galatia is up 14.3%.
Average Age of Homes
- The median age of Galatia real estate is 45 years old
The Rental Market in Galatia
- Renters make up 17.0% of the Galatia population
- 1.8% of houses and apartments in Galatia, 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.