Current Price

$290,417

1 Month Forecast

â–² $318,531

1-Year Forecast *

â–² $348,559

5-Year Forecast *

â–² $439,314

"Is it a good time to buy homes in Galena?" "Does investing in real estate in Galena (Illinois State, Jo Daviess County) worth it?" According to our live Forecast System, buying a house in Galena is a good short-term (1-year) investment*. The Galena average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Galena" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Galena in Illinois State, Jo Daviess County. If you are looking for homes for sale with good flipping profit, Galena can be a profitable property investment option. The median price of an average house in Galena was 290,417 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Galena" area is 439,314 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +51.27% meaning that investing 100000 USD today may yield a profit of 51,270 USD by 2031.

Current Median Listing Price: 290,417 USD Median Listing Price Per Square Foot: 161 USD

Galena Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Galena (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Galena Price Target

Galena median home price target in 12 months: $348,559* (upside of 20.0%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $310,584 $315,933 $310,584 $316,616
2024 $273,181 $290,417 $273,181 $290,417
2023 $256,416 $270,931 $255,974 $270,931
2022 $228,489 $255,934 $228,489 $258,931
2021 $182,091 $222,209 $182,091 $222,209
2020 $170,271 $180,753 $167,138 $180,753
2019 $162,337 $171,090 $162,337 $171,090
2018 $165,305 $162,673 $162,124 $165,305
2017 $163,396 $164,454 $163,279 $164,454
2016 $169,050 $163,657 $163,657 $169,050
2015 $169,300 $169,084 $168,387 $169,662
2014 $174,974 $169,191 $169,191 $176,880
2013 $176,198 $175,040 $175,040 $178,289
2012 $180,161 $176,423 $176,423 $180,161

Questions & Answers about the Galena Housing Market Forecast

How much does an average home cost in Galena today?

The value of an average home (the listing price) in Galena is $290,417 USD.

What is the average price per square foot in Galena?

According to Walletinvestor the median price per square foot in Galena is 161 USD.

Will the median listing price of homes in Galena grow / rise / go up?

Yes. The Galena home prices may rise from 290,417 USD to 348,559 USD in one year.

Is it profitable to invest in Galena homes?

Yes. The long-term profit potential is +20.02% in one year.

Will Galena house prices fall / drop?

No. See above.

What is the predicted price of a Galena home in 2030?

The predicted home sales price of a Galena home in 2030 in Galena is 408,158 USD.

What is the predicted price of a Galena home in 2035?

The predicted home sales price of a Galena home in 2035 in Galena is 553,698 USD.

Will real estate prices decrease in Galena?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Galena is the 7167. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Jo Daviess, Galena decreased, looking at the past 12 months.

According to Walletinvestor's Galena real estate market research, home values will increase in the next 12 months.

Median home values decreased by 7.334% to 290,417 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 21.380% in 2021
  • 18.230% in 2022
  • 18.710% in 2023
  • 20.350% in 2024
  • 18.420% in 2025
  • 19.730% in 2026

Based on our Galena real estate market research and report the predicted sales prices will increase by 520.221% in the next 10 years.

Over the last 12 months, the value of homes in Galena fluctuated: increasing 3 times and decreasing 1 times.

Galena (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Galena Housing Market Forecast with Real Estate Prices for 2025
August 2025 318531 299100 337961
September 2025 321150 289999 352302
October 2025 323791 302421 345161
November 2025 326454 307520 345388
December 2025 329139 303466 354811
Galena Housing Market Forecast with Real Estate Prices for 2026
January 2026 331845 301647 362043
February 2026 334574 302790 366359
March 2026 337326 319110 355541
April 2026 340100 321394 358805
May 2026 342896 314093 371700
June 2026 345716 316330 375102
July 2026 348559 314749 382370
August 2026 351426 331746 371105
September 2026 354316 328096 380535
October 2026 357229 324364 390094
November 2026 360167 333875 386459
December 2026 360441 338814 382067
Galena Housing Market Forecast with Real Estate Prices for 2027
January 2027 358957 326291 391622
February 2027 357553 331452 383655
March 2027 356813 335048 378579
April 2027 356679 330998 382360
May 2027 357351 331979 382723
June 2027 357328 335174 379482
July 2027 357738 334128 381349
August 2027 357262 339042 375482
September 2027 356735 330337 383133
October 2027 357338 332324 382351
November 2027 359633 338775 380492
December 2027 362591 340473 384709
Galena Housing Market Forecast with Real Estate Prices for 2028
January 2028 365436 329258 401614
February 2028 368441 338229 398653
March 2028 371471 346954 395988
April 2028 374526 344189 404862
May 2028 377606 344376 410835
June 2028 380654 354770 406539
July 2028 383561 345205 421917
August 2028 385944 354682 417205
September 2028 388149 353992 422307
October 2028 389844 358657 421032
November 2028 390855 358805 422905
December 2028 391454 360529 422379
Galena Housing Market Forecast with Real Estate Prices for 2029
January 2029 392354 353511 431197
February 2029 395580 368285 422875
March 2029 398833 364932 432734
April 2029 401188 377919 424457
May 2029 404488 381027 427948
June 2029 406223 378194 434253
July 2029 408158 370607 445708
August 2029 410267 373343 447191
September 2029 411504 376115 446894
October 2029 412343 382655 442032
November 2029 411453 383063 439843
December 2029 414837 384554 445120
Galena Housing Market Forecast with Real Estate Prices for 2030
January 2030 418248 378096 458400
February 2030 421688 386687 456688
March 2030 425155 397095 453216
April 2030 428652 392645 464658
May 2030 432177 406678 457675
June 2030 435731 401744 469718
July 2030 439314 406805 471823
August 2030 442927 415022 470831
September 2030 446569 419775 473363
October 2030 450241 414672 485810
November 2030 453944 429885 478003
December 2030 457677 418774 496580
Galena Housing Market Forecast with Real Estate Prices for 2031
January 2031 461441 427756 495126
February 2031 465235 420573 509898
March 2031 469061 435758 502365
April 2031 469418 432803 506032
May 2031 467485 441306 493664
June 2031 465657 424214 507101
July 2031 464694 427983 501404
August 2031 464519 432467 496571
September 2031 465394 440728 490060
October 2031 465364 427669 503058
November 2031 465898 436547 495250
December 2031 465278 433639 496917
Galena Housing Market Forecast with Real Estate Prices for 2032
January 2032 464592 429747 499436
February 2032 465377 419770 510984
March 2032 468366 439796 496937
April 2032 472218 431607 512829
May 2032 475923 450223 501623
June 2032 479837 434252 525421
July 2032 483783 441210 526356

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.