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
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 Market | 112 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 25.0% |
| Homes Sold | 2 |
| Active Inventory | 4 |
| Price Per Sq Ft | $137 |
Ownership & Stock
| Owner-Occupied | 98.8% |
| Renter-Occupied | 1.2% |
| Homeownership Rate | 98.8% |
| Total Housing Units | 541 |
| Median Year Built | 1985 |
| Rent Burden | 28.2% |
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