Galesburg, ND has a median housing value of $82,000 which is much lower than the US median of $338,100. Despite this discrepancy in cost, Galesburg has experienced a higher rate of appreciation in the last year with 12.36%, compared to the US average of 8.27%. This shows that Galesburg is actively working to increase its housing prices and make it more affordable for people to purchase a home in this area.
The median home cost in Galesburg is $82,000. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Galesburg is up 13.5%.
Average Age of Homes
- The median age of Galesburg real estate is 51 years old
The Rental Market in Galesburg
- Renters make up 6.0% of the Galesburg population
- 5.4% of houses and apartments in 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.