Galena, MO—65656
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Galena, MO
Galena, MO lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $296,000 | 0.7% |
| Single Family | $298,000 | 0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $207,000 | 0.0% |
3 Bed | $316,000 | 0.6% |
4 Bed | $429,000 | 0.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Galena, MO
As of July '25, Rentcast reports the average rent in Galena, MO is $1,650, with a year-over-year rent change of -50.0%. Per bedroom, the median rent as of July '25 in Galena, MO is 2-bedrooms: $1,500, 3-bedrooms: $1,800. The most common rental property sizes in Galena, MO are 2-bedroom and 3-bedroom, accounting for 40.4% and 39.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,650 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,500 | $1,500 |
| 3 Bed Rent | $1,800 | $1,800 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Galena, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in Galena, MO is 69. This is a increase of 7.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $422,000 | -4.0% |
Listing Count | 47 | 22.0% |
| Listings as % of Homes | 1.0% | 22.0% |
Days on Market | 69 | 7.0% |
Demographics — Galena, MO
As of the latest ACS Survey released in 2023, Galena, MO has a population of 5,220, which has increased by 16.7% over the past 5 years. Galena, MO is a moderately popular place for families, as children make up 17.5% of the population. The area has a poorly educated workforce, with 18.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,220 | 16.7% |
% Under 18 | 17.5% | -18.2% |
% Seniors | 26.6% | -1.1% |
% WFH | 6.9% | -12.7% |
% w/ College Degree | 18.2% | 3.4% |
As of the latest ACS Survey released in 2023, Galena, MO is a predominantly white area, with 95.3% of the population identifying as white. The white population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Galena, MO is hispanic, making up 1.8% of the population. Foreign-born residents account for 0.3% of the population in Galena, MO, and this percentage has decreased by 57.1% 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 | 95.3% | -1.7% |
% Black | 0.3% | ∞% |
% Hispanic | 1.8% | 125.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.3% | -57.1% |
Mortgage and Risk — Galena, MO
According to HUD data as of 2023, there were 132 mortgage originations in Galena, MO, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Galena, MO. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 132 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 0.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Galena, MO
Galena, MO 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 | 0.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $700 |
| 2 Bedroom | -$610 | $1,500 | $890 |
| 3 Bedroom | -$570 | $1,800 | $1,230 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — Galena, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $296,000 |
| Median Household Income | $64,500 |