Comprehensive market data and analysis• Updated Dec 2025
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | 1 | 1 |
| 10-20 acres | - | - | 1 | 2 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 2 | 4 |
Acreage buckets
The median price for land in Galesburg, Illinois is currently $10K per acre. For a typical parcel, the median sale price is $122K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $34K while premium lots reached $135K.
There are currently 16 active listings in Galesburg, Illinois. 10 new listings have hit the market in the last 90 days. The median asking price is $29K.
The top-performing broker in this market is CENTURY 21 Tucker Swanson.
The 12-month rate is 2.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Galesburg, Illinois saw 4 properties sold, totaling $381K in sales volume.
Land in Galesburg, Illinois typically sells within 100 days of listing. The median time on market is 60 days. Properties are moving at a moderate pace in the current strong buyer's market.
The median land price in Galesburg, Illinois stands at $122K. This translates to roughly $10K per acre for the typical parcel size. The average price is $95K, showing a fairly consistent market.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
