Galesburg, IL
Full City Profile · Illinois · Knox County County
2.9
/5.0
C+
Fair
29,653
Population
1,668/sq mi density
$45,213
Median Income
$25,294 per capita
$89,800
Home Value
$108,393 Zillow
$719
Median Rent
33.3% income on rent
50°F
Avg Temperature
516
Violent Crime/100K
3,011 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$45,213 median income, 4.7% unemployment
A+
Affordability
5.0 / 5.0
$89,800 home value, $719/mo rent
F
Safety
1.0 / 5.0
516 violent crimes/100K (36% above avg)
C+
Education
2.5 / 5.0
19.3% bachelor's degree or higher
Housing Overview
Median Home Value
$89,800
68% below
US avg: $281,900
Median Rent
$719/mo
38% below
US avg: $1,163/mo
Homeownership Rate
61.2%
6% below US avg (65.4%)
Total Housing Units
14,450
Median year built: 1952
Home Value by Source
Census Median
$89,800
Zillow (ZHVI)
$108,393
Redfin Median Sale
$80,750
Median Sale Price
$80,750
Median List Price
$124,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
61.2%
Owner-Occupied
38.8%
Renter-Occupied
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:
$719/mo
Market Indicators (Redfin)
Median Sale Price
$80,750
Median Days on Market
93 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
16
Price Drops
24.1%
of listings with price reduction
Price Per Sq Ft
$73
Active Inventory
54
homes for sale
Affordability & Housing Stock
Rent Burden
33.3%
of renters spending 30%+ of income on housing
7% above US avg (31.0%)
Median Year Built
1952
Average age of housing stock: 74 years
Homeownership Rate
61.2%
Complete Housing Data
Home Values
| Census Median Value | $89,800 |
| Zillow Home Value (ZHVI) | $108,393 |
| Redfin Median Sale | $80,750 |
| Median Sale Price | $80,750 |
| Median List Price | $124,900 |
| Price Per Sq Ft | $73 |
Rent
| Census Median Rent | $719 |
| 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 Market | 93 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 24.1% |
| Homes Sold | 16 |
| Active Inventory | 54 |
| Price Per Sq Ft | $73 |
Ownership & Stock
| Owner-Occupied | 61.2% |
| Renter-Occupied | 38.8% |
| Homeownership Rate | 61.2% |
| Total Housing Units | 14,450 |
| Median Year Built | 1952 |
| Rent Burden | 33.3% |