Zip 49053 (Galesburg, MI) Housing

The housing in 49053 Galesburg, MI has a median value of $230,300, which is significantly lower than the US House Median Value of $338,100. Despite this difference, Galesburg's housing market has seen an impressive 10.54% appreciation over the course of a year - higher than the US House Appreciation rate of 8.27%. This competitive appreciation rate indicates that the Galesburg housing market is still strong and is likely to continue growing in the near future.

The median home cost in Galesburg (zip 49053) is $230,300. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Galesburg (zip 49053) is up 14.9%.

Average Age of Homes

- The median age of Galesburg (zip 49053) real estate is 38 years old

The Rental Market in Galesburg (zip 49053)

- Renters make up 14.8% of the Galesburg (zip 49053) population
- 2.5% of houses and apartments in Galesburg (zip 49053), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Galesburg, Michigan	United States
	2,949.0	139,647,020.0
	42	42
	$230,300	$338,100
	14.9%	16.6%
	56.2%	57.0%
	90.4%	101.1%
	$15.80	$10.98
	$2,743	$2,690
	76.7%	57.4%
	5.4%	11.2%
	17.9%	31.4%
Vacant Housing
	2.5%	1.9%
	0.0%	0.4%
	0.6%	0.7%
	0.0%	0.4%
	0.8%	3.6%
	1.5%	4.1%
Value of Owner-Occupied Housing
	7.9%	2.6%
	1.8%	2.4%
	0.4%	2.8%
	3.6%	3.9%
	10.7%	4.5%
	14.1%	11.3%
	21.8%	13.0%
	25.2%	20.1%
	8.4%	13.6%
	3.1%	8.3%
	2.8%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	14.9%	13.6%
	14.9%	13.6%
	17.5%	13.6%
	12.4%	13.2%
	15.4%	14.8%
	17.5%	13.6%
	8.5%	10.0%
	3.7%	4.7%
	15.1%	12.2%

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