Galt, IL housing market
Home prices around Galt have risen about 41% over the past 5 years.
Home values, sales, trends and how Galt compares with the towns next door — updated as new data is published.
Home prices up 41% in 5 years
The federal house price index for the ZIP codes around Galt rose 41% over the past 5 years, slower than across Illinois (47%). Last year prices rose 5.3%.
Show as a table
| Year | Change that year | Since 2000 | Illinois since 2000 |
|---|---|---|---|
| 2025 | +5.3% | +85% | +96% |
| 2024 | +12% | +76% | +85% |
| 2023 | +1.9% | +57% | +73% |
| 2022 | +12% | +54% | +61% |
| 2021 | +4.8% | +37% | +44% |
| 2020 | +3.7% | +31% | +33% |
| 2019 | +3.8% | +26% | +32% |
| 2018 | +3.7% | +22% | +28% |
| 2017 | −0.7% | +17% | +25% |
| 2016 | +1.4% | +18% | +22% |
| 2015 | +2.1% | +16% | +19% |
| 2014 | −2.6% | +14% | +15% |
| 2013 | +0.3% | +17% | +11% |
| 2012 | −0.1% | +17% | +11% |
| 2011 | −2.6% | +17% | +14% |
| 2010 | +0.2% | +20% | +21% |
| 2009 | −1.2% | +20% | +29% |
| 2008 | −0.5% | +21% | +40% |
| 2007 | +3.7% | +22% | +45% |
| 2006 | +6.1% | +17% | +43% |
| 2005 | +3.1% | +11% | +35% |
| 2004 | +1.8% | +7.3% | +24% |
| 2003 | +0.6% | +5.4% | +15% |
| 2002 | +1.1% | +4.8% | +11% |
| 2001 | +3.7% | +3.7% | +5.6% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 61081, 61037, covering 53% of Galt’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Galt and its neighbors
| Town | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|
| Galt | +5.3%† | $920 | — | $112,569 |
| Sterling | +5.3%† | $920 | 1 | $57,350 |
† FHFA price index change, where Zillow has no home value for the town.
A two-bedroom rents for about $920
HUD's Fair Market Rent for a two-bedroom in Galt is $920 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $670 · 4 bedrooms $1,220
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (61037, 61081; Lee County, IL), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.