$582 Closing Credit*
$49,000
1,637 SqFt
3 Beds
•2 Full Baths, 1 Partial
JASON GOEMAAT, Listing Office: All In One Real Estate Company
Is Galatia, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Galatia has remained a Seller's Market.
Key Takeaway
Galatia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Galatia, IL
How much do homes in Galatia, IL cost?
Median Sold Price
$35,000
$31/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$250,000(-87.7%)
Key Takeaway
Homes in Galatia have sold for 87.7% less than they did a month ago.
Summary: The median home sold price in Galatia was $35,000 in November 2024, down 87.7% from last month, and the median price per square foot was $31.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $35K | N/A |
| 3 Bedrooms | $285K | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Galatia housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Galatia | $285K | $35K | -87.7% |
| Galatia Township | $285K | $35K | -87.7% |
Housing Supply in Galatia, IL
How many homes are available in Galatia, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Summary: The Galatia real estate market had 5 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Galatia housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Galatia, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Galatia in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Galatia, IL
How long does it take to sell a home in Galatia, IL?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 Days | 242 Days | +1916.7% |
Summary: Homes in Galatia had an average of 242 days on market in Nov 2024, up by 1916.7% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Galatia are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 1 homes were sold in Galatia; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.