Sign In Register

Galena, IN

Full City Profile · Indiana · Floyd County County

3.6 /5.0
B+ Good
1,618 Population 606/sq mi density
$112,411 Median Income $42,810 per capita
$269,000 Home Value $329,164 Zillow
58°F Avg Temperature 293 sunny days/yr
244 Violent Crime/100K 5,622 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$112,411 median income, 3.2% unemployment
A+
Affordability
5.0 / 5.0
$269,000 home value, /mo rent
F
Safety
1.0 / 5.0
244 violent crimes/100K
B+
Education
3.6 / 5.0
32.2% bachelor's degree or higher

Housing Overview

Median Home Value
$269,000
5% below
US avg: $281,900
Homeownership Rate
98.8%
51% above US avg (65.4%)
Total Housing Units
541
Median year built: 1985

Home Value by Source

Census Median
$269,000
Zillow (ZHVI)
$329,164
Median Sale Price
$310,500
Median List Price
$396,950
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

98.8%
Owner-Occupied
1.2%
Renter-Occupied
99%
1%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo

Market Indicators (Redfin)

Median Days on Market
112 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$137
Active Inventory
4
homes for sale

Affordability & Housing Stock

Rent Burden
28.2%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1985
Average age of housing stock: 41 years
Homeownership Rate
98.8%

Complete Housing Data

Home Values

Census Median Value$269,000
Zillow Home Value (ZHVI)$329,164
Median Sale Price$310,500
Median List Price$396,950
Price Per Sq Ft$137

Rent

FMR Studio$816
FMR 1-Bedroom$882
FMR 2-Bedroom$1,096
FMR 3-Bedroom$1,391
FMR 4-Bedroom$1,590

Market

Days on Market112
Sale-to-List Ratio1.0%
Price Drops25.0%
Homes Sold2
Active Inventory4
Price Per Sq Ft$137

Ownership & Stock

Owner-Occupied98.8%
Renter-Occupied1.2%
Homeownership Rate98.8%
Total Housing Units541
Median Year Built1985
Rent Burden28.2%