61401 Home Values & Market Trends

There are 392 homes currently listed for 61401. 61401 real estate market trends show that home prices range from $19,900 to $1,495,000, and the median sales price in the 61401 zip code is $117,445. The total number of properties sold within the past twelve months is 429. In 61401, 64 properties are in foreclosure, 6 are bank owned properties,and 3 are headed for auction.

61401 Real Estate Market Overview

CityMedian Est. Value
Galesburg

$ 117,445

$ 113/sqft

Housing Market Summary for 61401

Sep 2025September 2026Change
Median Listing Price$115K$103K-10.48%
Median Sold Price$98,972$105.4K6.47%
Homes For Sale23637257.63%
Homes Sold271106-60.89%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 61401

The median list price of a home in Galesburg, is $117,445. A total of 392 properties are for sale, and the percentage of properties for sale in the zip code is 392.00%. The total count of 61401 properties is 604.

Foreclosure
There is 1 cities within 61401; within this cities, the median estimated home value for homes in foreclosure ranges from $303,397 in galesburg to the lowest value of $28,924 in galesburg. Foreclosure homes account for 10.00% of properties in 61401 with galesburg containing 64 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 9.11% of all residential properties in 61401 with galesburg containing 55 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 61401; of that cities, the estimated home value for pre-foreclosure homes ranges from $303,397 in galesburg to the lowest home value of $28,924 in galesburg.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 61401 ranges from the highest value of $109,794 in galesburg to the lowest value of $57,202 in galesburg. Bank owned homes and properties account for 0.99% of properties in 61401. There is 1 cities within 61401; galesburg containing 6 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    galesburg has 3 auction properties, the highest number of properties going to auction in a single city in the state of 61401. Auction homes and other auction properties account for 0.50% of all properties in 61401. There is 1 cities within 61401; of that cities, the median estimated home value for homes going to auction ranges from $111,132 in galesburg to the lowest value of $93,685 in galesburg.
Homes for Sale
Homes and properties that are actively listed for sale account for 64.90% of residential properties in 61401 with galesburg containing 392 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 61401; homes for sale in that cities, have a range of median values from $650,000 in galesburg to the lowest value of $12,000 in galesburg.
    Sold Homes
    The median value for recently sold homes ranges from $373,204 in galesburg to the lowest price of $30,083 in galesburg. There is 1 cities within 61401. galesburg has 84 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 13.91% of properties in 61401.

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      Guide for 61401

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.