Market Overview
Home Prices in Galatia, IL
The median home value in Galatia, IL is $123,828 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.2% compared to a year ago and down 5.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Galatia are priced70% below average.
Over the past five years, Galatia home values have risen by approximately22.1%, reflecting strong long-term appreciation in this market.
Price History
Galatia Home Price Trend
2020
$93,507
$94K
—
2021
$101,437
$101K
+8.5%
2022
$111,106
$111K
+9.5%
2023
$123,859
$124K
+11.5%
2024
$127,695
$128K
+3.1%
2025
$121,116
$121K
-5.2%
2026
$123,828
$124K
+2.2%
City Comparison
Galatia vs. National Median
🏠 Galatia
$123,828
National Median
$410,000
At $123,828, homes in Galatia cost 70% below the national median of $410,000. This makes Galatia a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Galatia?
20% Down Payment
$24,766
on $123,828
Monthly P&I
$646/mo
30-yr @ 6.8%
Total Monthly Est.
~$820/mo
incl. taxes & insurance
Income Needed
$32,800
gross annual (30% rule)
10% Down Option
$12,383
+ PMI applies
Loan Amount (20% dn)
$99,062
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Galatia, IL?
The median home value in Galatia is $123,828 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.2% year-over-year.
How much have home prices changed in Galatia?
Over the past year, home values in Galatia have increased by 2.2%. Over five years, prices have risen approximately 22.1%.
How much do I need to earn to buy a home in Galatia?
To comfortably afford the median home price of $123,828 with a 20% down payment ($24,766) at today's rates (6.8%), you'd need a gross annual income of approximately $32,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Galatia compare to the national average home price?
The national median home value is approximately $410,000. At $123,828, homes in Galatia are 70% below the national average.