Market Overview
Home Prices in Galva, IL
The median home value in Galva, IL is $113,341 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.5% compared to a year ago and up 1.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Galva are priced72% below average. Galva is part of the Davenport-Moline-Rock Island, IA-IL metro area.
Over the past five years, Galva home values have risen by approximately13.4%, reflecting steady appreciation in this market.
Price History
Galva Home Price Trend
City Comparison
Galva vs. National Median
At $113,341, homes in Galva cost 72% below the national median of $410,000. This makes Galva a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Galva?
20% Down Payment
$22,668
on $113,341
Monthly P&I
$591/mo
30-yr @ 6.8%
Total Monthly Est.
~$751/mo
incl. taxes & insurance
Income Needed
$30,040
gross annual (30% rule)
10% Down Option
$11,334
+ PMI applies
Loan Amount (20% dn)
$90,673
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 Galva, IL?
The median home value in Galva is $113,341 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.5% year-over-year.
How much have home prices changed in Galva?
Over the past year, home values in Galva have increased by 0.5%. Over five years, prices have risen approximately 13.4%.
How much do I need to earn to buy a home in Galva?
To comfortably afford the median home price of $113,341 with a 20% down payment ($22,668) at today's rates (6.8%), you'd need a gross annual income of approximately $30,040. This assumes keeping total housing costs at or below 30% of gross income.
How does Galva compare to the national average home price?
The national median home value is approximately $410,000. At $113,341, homes in Galva are 72% below the national average.
What metro area is Galva part of?
Galva is part of the Davenport-Moline-Rock Island, IA-IL metropolitan area. Home prices and market conditions can vary across the broader metro region.