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How competitive is the Galesburg housing market?

P

Primpted Housing Analyst

Updated monthly · Data through May 2026 · v264

Data-backed
Sold Score
64/100
YoY Good Chance of Selling
Pending ratio
0.72
YoY contracts vs active
Inventory YoY
+0.0%
YoY active listings
Median DOM
46
YoY days on market
Price cuts
40.4%
YoY of active listings
Galesburg is competitive as of May 2026, with a Sold Score of 64/100 (Good Chance of Selling). **Pending ratio** is 0.72 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is +4.2% — more choices for buyers than a year ago. **Median days on market** is 46. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 40.4% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (May 2026): Sold Score: 64/100 (Good Chance of Selling) · Pending ratio: 0.72 · Inventory YoY: +4.2% · Median days on market: 46 · Sellers cutting price: 40.4% · Median listing price: $156,000 (+11.5% YoY)

Galesburg snapshot

As of the latest 2026 data
Median listing
$156K
YoY +0.1%
Active inventory
99
YoY +0.0%
Median DOM
46
YoY +0.2%
Pending ratio
0.72
YoY +0.1%
Price-reduced
16.1%
YoY -0.0%

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