Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Galesburg area can be challenging. Home prices in Galesburg are now at a median cost of $174,309, lower than the Michigan average of $196,062.
The average cost of rent is $756/mo in Galesburg, primarily driven by the current value of real estate in the Galesburg area. While nearly 45.66% of residents own their homes outright in Galesburg, 20.66% rent.
Housing affordability isn’t just about home prices, though. The average household income in Galesburg is $5,937 per month. Households that rent pay about 12.73% of their income on rent here. Galesburg's most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Howlandsburg, MI: higher priced homes
- Greater Galesburg, MI: equally priced homes
- Climax, MI: equally priced homes
- Richland, MI: higher priced homes
- Eastwood, MI: less expensive homes
- Augusta, MI: equally priced homes
- Parchment, MI: less expensive homes
- Scotts, MI: higher priced homes
- Richland Junction, MI: higher priced homes
- West Leroy, MI: higher priced homes
Cities with Similar Populations
- Union, OH: less expensive homes
- Florence, CO: equally priced homes
- Florence, NJ: higher priced homes
- Vassar, MI: less expensive homes
- Freeburg, IL: higher priced homes
- Valley City, ND: less expensive homes
- Fremont, IN: higher priced homes
- Friendsville, TN: higher priced homes
- Valhalla, NY: higher priced homes
- Upton, MA: higher priced homes
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