Galena—98256
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Galena
As of Oct '25, the median home price in Galena is $405,000, with a year-over-year change of 2.1%. This indicates that home prices in Galena are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $405,000 | 2.1% |
| Single Family | $405,000 | 1.0% |
| 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 — Galena
Galena 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 — Galena
As of Oct '25, Realtor.com reports that the median days on market for a home in Galena is 32. This is a decrease of -54.0% 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 | $1,100,000 | 7.0% |
Listing Count | 3 | 140.0% |
| Listings as % of Homes | 0.6% | 140.0% |
Days on Market | 32 | -54.0% |
Demographics — Galena
As of the latest ACS Survey released in 2023, Galena has a population of 409, which has increased by 24.7% over the past 5 years. Galena is a moderately popular place for families, as children make up 15.4% of the population. The area has a poorly educated workforce, with 9.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 409 | 24.7% |
% Under 18 | 15.4% | 20.3% |
% Seniors | 25.2% | 14.5% |
% WFH | 23.5% | 487.5% |
% w/ College Degree | 9.6% | -59.5% |
As of the latest ACS Survey released in 2023, Galena is a predominantly white area, with 98.5% of the population identifying as white. The white population has grown by 1.5% in the last 5 years. The second most common race or ethnicity in Galena is black, making up 0.0% of the population. Foreign-born residents account for 6.6% of the population in Galena, and this percentage has increased by 3.1% 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 | 98.5% | 1.5% |
% Black | 0.0% | N/A |
% Hispanic | 0.0% | N/A |
% Asian | 0.0% | -100.0% |
% Foreign Born | 6.6% | 3.1% |
Mortgage and Risk — Galena
Galena 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 — Galena
Galena 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 | 3.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $2,050 |
| 2 Bedroom | N/A | N/A | $2,390 |
| 3 Bedroom | N/A | N/A | $3,160 |
| 4 Bedroom | N/A | N/A | $3,680 |
Affordability — Galena
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $405,000 |
| Median Household Income | $91,400 |