63Alpha

Galesburg, IL metro area Housing Market Brief

metro · IL · as of August 2026

Seller's

What is Galesburg, IL metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+10.748
Inventory Health25%
-7.550
Affordability20%
-2.795
Economic Strength20%
38
Rental Yield15%
-1.995

Where is Galesburg, IL metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Galesburg, IL metro area is classified as Growing strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Galesburg, IL metro area housing market data

MetricValueYoY
Median Sale Price$148K▲ +12.9%
Median Days on Market43 days-4.4%
Months of Supply2.9▲ +38.1%
Homes for Sale157▲ +19.9%
Homes Sold56-15.1%
Median Price / Sq Ft$106▲ +21.5%

How has Galesburg, IL metro area’s Alpha Score moved?

Now: 63
12-period trend
Median sale price · 12 mo

Markets like Galesburg, IL metro area

Frequently asked questions

Is Galesburg, IL metro area a buyer's or seller's market?

As of August 2026, Galesburg, IL metro area is classified as a Seller's Market, based on its Alpha Score of 63 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Galesburg, IL metro area?

The median sale price in Galesburg, IL metro area is $148K, having risen 12.9% over the past year.

How affordable is Galesburg, IL metro area?

Galesburg, IL metro area scores 95 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Galesburg, IL metro area's Alpha Score?

Galesburg, IL metro area's strongest dimension is Rental Yield (95/100) and its weakest is Economic Strength (38/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Galesburg, IL metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.