The Near West Galena housing market is somewhat competitive. The median sale price of a home in Near West Galena was $254K last month, down 10.7% since last year. The median sale price per square foot in Near West Galena is $146, up 21.1% since last year.
What is the housing market like in Near West Galena today?
In March 2024, Near West Galena home prices were down 10.7% compared to last year, selling for a median price of $254K. On average, homes in Near West Galena sell after 59 days on the market compared to 72 days last year. There were 12 homes sold in March this year, up from 6 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$253,500
-10.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Near West Galena, IL
$253,500
-10.7%
United States
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How hot is the Near West Galena housing market?
Near West Galena is somewhat competitive. Homes sell in 56 days.
0
100
63
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Some homes get multiple offers.
The average homes sell for about 1% above list price and go pending in around 56 days.
Hot homes
can sell for about 6% above list price and go pending in around 39 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Near West Galena housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Near West Galena.
Risk Factor
Flood Factor - Moderate
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Near West Galena has a moderate risk of flooding. 72 properties in Near West Galena are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Near West Galena. Flood risk is increasing faster than the national average.
Near West Galena has minimal risk of severe winds over the next 30 years
Wind Factor
Near West Galena has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
97% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Near West Galena has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 97% of homes in Near West Galena have a Moderate Heat Factor®.
Near West Galena is expected to see a 114% increase in the number of days over 103ºF over the next 30 years. Near West Galena is expected to experience 7