How much does it cost to buy a house in Galewood Chicago, IL?

In April 2025 Galewood homes were listed to buy for a median price of $357K, The median value of a home listed to buy in Galewood in April 2025 was $180 per sqft, which is a 20% decrease to March 2024 last month, and a 19% decrease to May 2025 last year.

Is it affordable or expensive to live in Galewood Chicago, IL?

It is affordable to live in Galewood. Buying a home in Galewood is 1% less expensive compared with the national average.

Is it a good time to buy property in Galewood Chicago, IL?

Yes now is a good time to buy property in Galewood, in April 2025, homes in Galewood have decreased in value (price per sqft) by 19% in the last year compared with May 2025.

Is the Galewood Chicago, IL housing market slowing down?

In April 2025, homes to buy in Galewood spent an median 55 days on the market, a same May 2025 last year.

What are the best and safest places to live in Galewood Chicago, IL?

The best and safest neighborhoods to live in Galewood in April 2025 are Lincoln Park, Old Irving Park, Sauganash, Edison Park, Lake View, Jefferson Park, Lower West Side, Portage Park, Norwood Park, Beverly, Hermosa, Belmont Central, Garfield Ridge, Grand Boulevard, Mount Greenwood, Montclare, Austin, South Lawndale, Hyde Park, Rogers Park

How much money should I make to buy a house in Galewood Chicago, IL?

In April 2025, Galewood homes were listed to buy for a median price of $357K, with 25% down you would need $2.37K/month to cover expenses and assume that's 35% of your total monthly income, your total yearly income would need to be $81.5K.

Is it a good time to sell my house in Galewood Chicago, IL?

Yes now is a good time to sell your house in Galewood, in April 2025, homes in Galewood have decreased in value (price per sqft) by 19% in the last year compared with May 2025.

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Galewood Real Estate Snapshot

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Frequently Asked Questions about Galewood Chicago, IL

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