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Why Live in Galesburg

Galesburg, Illinois, is a small city known for its historical significance and rural charm, surrounded by expansive cornfields. As the county seat of Knox County, it has deep roots as a former railroad hub and a stop on the Underground Railroad. Despite a declining population, Galesburg continues to attract those seeking a tight-knit community with affordable housing options. The city features a range of home styles, including Victorian mansions, Colonial Revivals, and American Foursquares, with prices significantly below the national median. Galesburg's economy is still influenced by the railroad industry, with BNSF Railway as the largest employer. The city is well-connected, with Amtrak providing daily service to and from Chicago, and proximity to larger cities like Davenport and Peoria via Interstate 74. Lake Storey Park offers recreational features such as a public beach, baseball fields, and mountain biking trails. The National Railroad Hall of Fame, under construction, will complement the existing Galesburg Railroad Museum and the annual Railroad Days Festival. Downtown, the Seminary Street Historic District is a cultural hub with a growing arts scene, while Knox College contributes to the city's educational landscape. Crime rates in Galesburg have decreased, aligning with national averages. However, residents should be mindful of the higher-than-average risk of tornadoes and windstorms due to the city's location in Tornado Alley.

Home Trends in Galesburg, IL

Housing Trends

Median Sale Price
$262,000
Median Single Family Sale Price
$161,500
Average Price Per Sq Ft
$97
Number of Homes for Sale
3
Last 12 months Home Sales
7
Months of Supply
5.10
Median List Price
$157,500
Median Change From 1st List Price
12%
Median Home Sale Price YoY Change
40%
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