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Today: September 22, 2025

Current Price

$290,417

1 Month Forecast

$318,452

1-Year Forecast *

$347,267

5-Year Forecast *

$435,667

"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 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Galena" area is 435,667 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +50.01% meaning that investing 100000 USD today may yield a profit of 50,014 USD by 2030.

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: 2025-2031

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: $347,267* (upside of 19.6%)

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 $180,264 $176,423 $176,423 $180,292

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 347,267 USD in one year.

Is it profitable to invest in Galena homes?

Yes. The long-term profit potential is +19.58% 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 435,667 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 600,335 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 increased, 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 increased by 2.313% to 290,417 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 20.415% in 2020
  • 20.175% in 2021
  • 19.095% in 2022
  • 18.735% in 2023
  • 19.295% in 2024
  • 21.415% in 2025

Based on our Galena real estate market research and report the predicted sales prices will increase by 497.601% in the next 10 years.

Over the last 12 months, the value of homes in Galena fluctuated: increasing 9 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 2025, 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 318452 292657 344246
September 2025 320991 291460 350522
October 2025 323495 304733 342258
November 2025 325889 296885 354893
December 2025 328488 297610 359366
Galena Housing Market Forecast with Real Estate Prices for 2026
January 2026 331107 313889 348325
February 2026 333747 305045 362449
March 2026 336408 307141 365676
April 2026 339091 314337 363844
May 2026 341794 308982 374607
June 2026 344520 325571 363468
July 2026 347267 316013 378521
August 2026 350036 328333 371738
September 2026 352827 323895 381758
October 2026 355640 332523 378757
November 2026 358476 323704 393248
December 2026 361334 330259 392409
Galena Housing Market Forecast with Real Estate Prices for 2027
January 2027 364215 331800 396630
February 2027 367119 345826 388412
March 2027 370046 351544 388549
April 2027 372997 346514 399480
May 2027 375971 338750 413192
June 2027 376257 355563 396951
July 2027 374829 337346 412312
August 2027 373407 352869 393944
September 2027 372634 347295 397973
October 2027 372494 350517 394471
November 2027 373195 337742 408649
December 2027 373171 338466 407876
Galena Housing Market Forecast with Real Estate Prices for 2028
January 2028 373600 348942 398258
February 2028 373102 343627 402577
March 2028 372552 349826 395278
April 2028 373181 340715 405648
May 2028 375579 356800 394358
June 2028 378573 349802 407345
July 2028 381544 357888 405200
August 2028 384586 353050 416122
September 2028 387653 352376 422929
October 2028 390744 364955 416533
November 2028 393859 359594 428125
December 2028 397000 369210 424790
Galena Housing Market Forecast with Real Estate Prices for 2029
January 2029 400031 379629 420432
February 2029 402516 379975 425057
March 2029 404817 383361 426272
April 2029 406584 378530 434638
May 2029 407638 371358 443918
June 2029 408263 376827 439699
July 2029 409201 374419 443983
August 2029 412464 384829 440099
September 2029 415753 386650 444856
October 2029 418208 383079 453337
November 2029 421543 381918 461168
December 2029 423352 391177 455526
Galena Housing Market Forecast with Real Estate Prices for 2030
January 2030 425367 396868 453867
February 2030 427566 395498 459633
March 2030 428855 404839 452871
April 2030 429730 392343 467116
May 2030 428802 406933 450671
June 2030 432221 398508 465934
July 2030 435667 396021 475313
August 2030 439066 398233 479899
September 2030 442315 410026 474604
October 2030 445842 408391 483293
November 2030 449397 418389 480405
December 2030 452980 421272 484689
Galena Housing Market Forecast with Real Estate Prices for 2031
January 2031 456592 418695 494489
February 2031 460233 419732 500733
March 2031 463903 424007 503798
April 2031 467602 423179 512024
May 2031 471330 443522 499138
June 2031 475088 429005 521172
July 2031 478876 442961 514792
August 2031 482695 438287 527103
September 2031 486543 444701 528386
October 2031 490423 465411 515435
November 2031 494333 465662 523005
December 2031 498275 465389 531161
Galena Housing Market Forecast with Real Estate Prices for 2032
January 2032 502248 465584 538912
February 2032 506253 470815 541690
March 2032 510289 481203 539376
April 2032 510677 476462 544892
May 2032 508739 475671 541807
June 2032 506808 466771 546846
July 2032 505759 463781 547738
August 2032 505570 475235 535904
September 2032 506521 476637 536406
October 2032 506489 477619 535359
November 2032 507071 475632 538509
December 2032 506395 467403 545388
Galena Housing Market Forecast with Real Estate Prices for 2033
January 2033 505649 458118 553180
February 2033 506503 455853 557153
March 2033 509757 479171 540342
April 2033 513821 472716 554927
May 2033 517853 467621 568085
June 2033 521982 495361 548603
July 2033 526144 479317 572971

> 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.