East Galesburg, IL—61430
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — East Galesburg, IL
East Galesburg, IL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — East Galesburg, IL
East Galesburg, IL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — East Galesburg, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in East Galesburg, IL is 65. This is a increase of 41.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 50.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $317,000 | 184.0% |
Listing Count | 8 | 186.0% |
| Listings as % of Homes | N/A | 186.0% |
Days on Market | 65 | 41.0% |
Demographics — East Galesburg, IL
As of the latest ACS Survey released in 2023, East Galesburg, IL has a population of 676, which has remained stable by -0.1% over the past 5 years. East Galesburg, IL is a moderately popular place for families, as children make up 15.2% of the population. The area has a poorly educated workforce, with 23.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 676 | -0.1% |
% Under 18 | 15.2% | -10.6% |
% Seniors | 29.3% | 33.2% |
% WFH | 3.2% | 18.5% |
% w/ College Degree | 23.9% | -2.4% |
As of the latest ACS Survey released in 2023, East Galesburg, IL is a predominantly white area, with 96.4% of the population identifying as white. The white population has grown by 0.4% in the last 5 years. The second most common race or ethnicity in East Galesburg, IL is hispanic, making up 1.5% of the population. Foreign-born residents account for 1.0% of the population in East Galesburg, IL, and this percentage has decreased by 33.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 96.4% | 0.4% |
% Black | 0.0% | N/A |
% Hispanic | 1.5% | 0.0% |
% Asian | 0.4% | ∞% |
% Foreign Born | 1.0% | -33.3% |
Mortgage and Risk — East Galesburg, IL
According to HUD data as of 2023, there were 17 mortgage originations in East Galesburg, IL, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in East Galesburg, IL. Investor activity is low, as 0.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 17 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — East Galesburg, IL
East Galesburg, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $680 |
| 2 Bedroom | N/A | N/A | $890 |
| 3 Bedroom | N/A | N/A | $1,160 |
| 4 Bedroom | N/A | N/A | $1,180 |
Affordability — East Galesburg, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $65,800 |