Is Galesburg, IL a good place to invest in rental property?

Galesburg, IL has a median modeled monthly cash flow of $0 and a median cap rate of 6.3%, on a median sold price of $114,950. Prices changed +9.4% year over year.

What is the average cap rate in Galesburg, IL?

The median cap rate across recently sold homes in Galesburg, IL is 6.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Galesburg, IL?

The median sold price in Galesburg, IL is $114,950 (about $88 per square foot).

Investing in Galesburg, IL Real Estate

A data-driven snapshot of the Galesburg, IL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$114,950Median sold price

$88Median $/sqft

6.3%Median cap rate

$0Modeled cash flow / mo

+9.4%Appreciation YoY

8.9Months of supply

230Active listings

310Sold (last 12 mo)

What the Galesburg numbers say

In Galesburg, IL, the median home sold for $114,950 (about $88 per square foot), and the typical deal models out to a 6.3% cap rate with a median $0 of monthly cash flow. Sold prices moved +9.4% over the past year. Inventory sits at about 8.9 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Illinois markets to compare

See Galesburg cash-flowing listings

CashFlowRE ranks every for-sale home in Galesburg, IL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Galesburg deals, or browse the national market data.