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East Galesburg, IL

Full City Profile · Illinois · Knox County County

3.3 /5.0
B Good
676 Population 493/sq mi density
$65,750 Median Income $41,719 per capita
$106,000 Home Value $154,639 Zillow
$791 Median Rent 24.2% income on rent
50°F Avg Temperature 275 sunny days/yr
400 Violent Crime/100K 3,282 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$65,750 median income, 1.4% unemployment
A+
Affordability
5.0 / 5.0
$106,000 home value, $791/mo rent
F
Safety
1.0 / 5.0
400 violent crimes/100K (5% above avg)
C+
Education
2.9 / 5.0
23.9% bachelor's degree or higher

Housing Overview

Median Home Value
$106,000
62% below
US avg: $281,900
Median Rent
$791/mo
32% below
US avg: $1,163/mo
Homeownership Rate
82.6%
26% above US avg (65.4%)
Total Housing Units
320
Median year built: 1970

Home Value by Source

Census Median
$106,000
Zillow (ZHVI)
$154,639
Median Sale Price
$345,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

82.6%
Owner-Occupied
17.4%
Renter-Occupied
83%
17%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $791/mo

Market Indicators (Redfin)

Median Days on Market
209 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
3
Price Drops
50.0%
of listings with price reduction
Price Per Sq Ft
$112
Active Inventory
2
homes for sale

Affordability & Housing Stock

Rent Burden
24.2%
of renters spending 30%+ of income on housing
22% below US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
82.6%

Complete Housing Data

Home Values

Census Median Value$106,000
Zillow Home Value (ZHVI)$154,639
Median Sale Price$345,000
Price Per Sq Ft$112

Rent

Census Median Rent$791
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market209
Sale-to-List Ratio0.9%
Price Drops50.0%
Homes Sold3
Active Inventory2
Price Per Sq Ft$112

Ownership & Stock

Owner-Occupied82.6%
Renter-Occupied17.4%
Homeownership Rate82.6%
Total Housing Units320
Median Year Built1970
Rent Burden24.2%