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Foreclosure Homes in Galesburg, IL

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Lincoln-park-dr-Galesburg-IL-61401
Foreclosure
$136,680 EMV

Lincoln Park Dr
Galesburg, IL 61401

5 Fulton-st-Galesburg-IL-61401
Preforeclosure
$32,810 EMV

Fulton St
Galesburg, IL 61401

| 1.5 Bath | 816 Sq. Ft.

Willard-st-Galesburg-IL-61401
Preforeclosure
$76,075 EMV

Willard St
Galesburg, IL 61401

| 1.5 Bath | 1,023 Sq. Ft.

W-north-st-Galesburg-IL-61401
Preforeclosure
$57,545 EMV

W North St
Galesburg, IL 61401

| 2 Bath | 1,520 Sq. Ft.

N-henderson-st-Galesburg-IL-61401
Preforeclosure
$902,955 EMV

N Henderson St
Galesburg, IL 61401

| 0 Sq. Ft.

Windcrest-acres-Galesburg-IL-61401
Preforeclosure
$74,290 EMV

Windcrest Acres
Galesburg, IL 61401

| 1,400 Sq. Ft.

1 E-brooks-st-Galesburg-IL-61401
Preforeclosure
$9,900 List Price

E Brooks St
Galesburg, IL 61401

2 Bed | 1 Bath

E-fremont-st-Galesburg-IL-61401
Preforeclosure
$45,985 EMV

E Fremont St
Galesburg, IL 61401

| 1 Bath | 776 Sq. Ft.

N-cherry-st-Galesburg-IL-61401
Preforeclosure
$64,430 EMV

N Cherry St
Galesburg, IL 61401

| 1,408 Sq. Ft.

Bateman-st-Galesburg-IL-61401
Preforeclosure
$87,550 EMV

Bateman St
Galesburg, IL 61401

| 2,668 Sq. Ft.

Displaying 1 - 10 of 561

Foreclosure Homes in Galesburg, IL

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Galesburg, IL area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Galesburg, IL and much more. Save thousands at closing with home foreclosure listings in Galesburg, IL — up to 75% off market value!


Top Reasons To Live In Galesburg, IL In 2021

Galesburg is located in Knox, Illinois, with an estimated municipal population of 30,197 residents. All of the best foreclosed homes for sale in Galesburg are located in the following zip code areas on Foreclosure.com: 61401 61402. The estimated population per square kilometer (.62 miles) in Galesburg is 657.


Cost Of Living In Galesburg, IL

So, about how much do homes cost in Galesburg? The most recent median value of resident-owned homes in Galesburg is 75,462. An estimated 57.8 percent of households in Galesburg own their homes, with an average family size of 2.99. The median household income in Galesburg is 36,547, with11.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Galesburg, the median commute time of resident workers (in minutes) is 13.8. And last, but certainly not least, are you looking for homes to rent in Galesburg? If so, the average rent price paid by renters in Galesburg is 637, according to recent statistics.


Diversity And Demographics In Galesburg, Illinois

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Galesburg, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Galesburg is 40.3, split between 51.8 percent male versus 48.2 female. The percentage of residents who report being married in Galesburg is 35.8, with an average family size of 2.99.

The percentage of residents who report their race in Galesburg is as follows:

White 78.4%
Black / African American 13.8%
Asian 1.7%
American Indian / Alaskan Native 0.7%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2%
Other 3.4%

Looking for family-friendly neighborhoods in and/or near Galesburg? Or maybe you are searching for 55+ active adult communities in and/or near Galesburg?

The percentage of residents who report their age in Galesburg is as follows:

Under 10 9.8%
Aged 10-19 13%
20s 14.3%
30s 12.4%
40s 10.3%
50s 12%
60s 14.2%
70s 8.4%
80+ 5.5%

Best Schools In Galesburg, Illinois

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Galesburg with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Galesburg.


Pros And Cons Of Living In Galesburg, Illinois

How do you know that living in -- or moving to -- Galesburg is right where you need to be? Perhaps you grew up in Galesburg or already live nearby; therefore, the decision to buy a home in Galesburg is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Galesburg for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Galesburg:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Galesburg.


Reasons To Move To Galesburg, Illinois, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Galesburg can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Galesburg, meanwhile, can field multiple offers from more qualified buyers.

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