Housing Prices in Gallatin County, IL
How much do homes in Gallatin County, IL cost?
Median List Price
$120,000
$66/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Gallatin County has increased by 66.7% since last year.
Summary: The median home list price in Gallatin County was $120,000 in May 2024, up 66.7% from the previous year, and the median price per square foot was $66.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $32K | - | N/A |
| 2 Bedrooms | $65K | $60K | -7.7% |
| 3 Bedrooms | $109K | $113.4K | +4.1% |
| 4 Bedrooms | $54K | - | N/A |
| 5+ Bedrooms | $129.9K | $1.3M | +900.4% |
Summary: Gallatin County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 4.1%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 900.4%.
Median List Price Compared To Nearby Counties
| Hardin County | $46K | $100K | +117.4% |
| Gallatin County | $72K | $120K | +66.7% |
| White County | $104.9K | $110K | +4.8% |
| Saline County | $89.9K | $84K | -6.6% |
Housing Supply in Gallatin County, IL
How many homes are available in Gallatin County, IL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Summary: The Gallatin County real estate market had 6 homes for sale in May 2024, a 14.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 2 | -50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Gallatin County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Days on Market for Gallatin County, IL
How long does it take to sell a home in Gallatin County, IL?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 291 Days | 159 Days | -45.2% |
Summary: Homes in Gallatin County had an average listing age of 159 days in May 2024, down by 45.2% compared to the previous year.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.