Why Live in Galesburg
Galesburg is a rural neighborhood with historical significance, surrounded by expansive cornfields in Knox County. Known for its railroad heritage, Galesburg remains a hub for BNSF Railway, its largest employer, and hosts the annual Railroad Days Festival, featuring train tours and musical performances. The National Railroad Hall of Fame, under construction since 2019, will further enrich the area's railroad-centered attractions. Amtrak connects Galesburg to Chicago with daily trains, while Interstate 74 provides access to cities like Davenport and Peoria. The Seminary Street Historic District, listed on the National Register of Historic Places, is a focal point for the arts, with venues like The Orpheum Theater offering live performances. Lake Storey Park is a local recreational highlight, offering a public beach, baseball fields, and mountain biking trails. Despite its location in Tornado Alley, Galesburg's crime rates are comparable to national averages, with recent decreases in both violent and property crimes. Housing options include affordable Victorian mansions and historic homes, with prices significantly lower than the national median. Knox College, a private liberal arts institution, contributes to the area's educational landscape. Galesburg's community is tight-knit, attracting families and students who appreciate its small-town feel and historical charm.
Home Trends in Galesburg, IL
On average, homes in Galesburg, IL sell after 47 days on the market compared to the national average of 50 days. The median sale price for homes in Galesburg, IL over the last 12 months is $107,750, up 8% from the median home sale price over the previous 12 months.
Median Sale Price
$107,750
Median Single Family Sale Price
$110,000
Median 2 Bedroom Sale Price
$182,500
Average Price Per Sq Ft
$81
Number of Homes for Sale
60
Last 12 months Home Sales
378
Median List Price
$115,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
8%