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These days, finding an affordable place to live in the Galax City area can be challenging. Home prices in Galax City are now at a median cost of $156,758, lower than the Virginia average of $443,089.
The average cost of rent is $752/mo in Galax City, primarily driven by the current value of real estate in the Galax City area. In Galax City, 43.68% of households rent, and 40.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Galax City is $3,578 per month. Households that rent pay about 21.02% of their income on rent here. Galax City’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Carroll County, VA: equally priced homes
- Grayson County, VA: equally priced homes
- Patrick County, VA: equally priced homes
- Henry County, VA: less expensive homes
- Washington County, VA: higher priced homes
- Martinsville City, VA: less expensive homes
- Bristol City, VA: equally priced homes
- Sullivan County, TN: higher priced homes
- Pittsylvania County, VA: equally priced homes
- Danville City, VA: less expensive homes
Counties with Similar Populations
- Northwest Arctic Borough, AK: higher priced homes
- Logan County, KS: less expensive homes
- Long County, GA: higher priced homes
- Louisa County, IA: higher priced homes
- Loup County, NE: higher priced homes
- Love County, OK: higher priced homes
- Loving County, TX: higher priced homes
- Macon County, MO: equally priced homes
- Madison County, AR: higher priced homes
- Madison County, IA: higher priced homes
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