Galax, VA is a great place to live with a median housing value of $142,800. This is significantly lower than the US median housing value of $338,100. Despite this difference, the 1 year house appreciation for Galax, VA is 13.65%, which is higher than the US average of 8.27%. These factors make Galax an attractive and affordable option for those looking to buy or invest in real estate.
The median home cost in Galax is $142,800. Home appreciation the last 10 years has been 57.2%. Home Appreciation in Galax is up 16.2%.
Average Age of Homes
- The median age of Galax real estate is 45 years old
The Rental Market in Galax
- Renters make up 34.0% of the Galax population
- 2.3% of houses and apartments in Galax, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.