Galilee, AR—72386
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Galilee, AR
As of Oct '25, the median home price in Galilee, AR is $103,000, with a year-over-year change of -13.2%. This indicates that home prices in Galilee, AR are decreasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $103,000 | -13.2% |
| Single Family | $103,000 | -12.0% |
| 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 — Galilee, AR
Galilee, AR 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 — Galilee, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Galilee, AR is 20. This is a decrease of -29.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $125,000 | -9.0% |
Listing Count | 5 | -31.0% |
| Listings as % of Homes | 0.1% | -31.0% |
Days on Market | 20 | -29.0% |
Demographics — Galilee, AR
As of the latest ACS Survey released in 2023, Galilee, AR has a population of 1,380, which has decreased by -32.4% over the past 5 years. Galilee, AR is a moderately popular place for families, as children make up 22.9% of the population. The area has a poorly educated workforce, with 18.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,380 | -32.4% |
% Under 18 | 22.9% | -8.4% |
% Seniors | 17.0% | 11.1% |
% WFH | 3.7% | ∞% |
% w/ College Degree | 18.9% | 110.0% |
As of the latest ACS Survey released in 2023, Galilee, AR is a predominantly white area, with 89.6% of the population identifying as white. The white population has shrunk by 0.3% in the last 5 years. The second most common race or ethnicity in Galilee, AR is black, making up 3.8% of the population. Foreign-born residents account for 0.5% of the population in Galilee, AR, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 89.6% | -0.3% |
% Black | 3.8% | -51.3% |
% Hispanic | 0.5% | -16.7% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.5% | ∞% |
Mortgage and Risk — Galilee, AR
Galilee, AR lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Galilee, AR
Galilee, AR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 20 |
Total Units Section 8 | 15 |
% Rentals under Section 8 | 13.8% |
% Occupied Section 8 | 96.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,040 |
| 2 Bedroom | N/A | N/A | $1,170 |
| 3 Bedroom | N/A | N/A | $1,540 |
| 4 Bedroom | N/A | N/A | $1,800 |
Affordability — Galilee, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $103,000 |
| Median Household Income | $52,900 |