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Foreclosure Homes in Galax, VA

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Galax, VA Foreclosures

How much do homes sell for in Galax, VA?
The average home price is currently $212,756.
In Galax, VA, how many homes are available?
There are currently 18 active home listings available in Galax.
What’s the average rental cost in Galax, VA?
The average rental price in Galax is $990.
What is the most expensive home in Galax?
The most expensive home sold in Galax had a price of $4,647,730.
What is currently the cheapest priced home in Galax, VA?
The cheapest home for sale in Galax is priced at $10,272.

Living in Galax, VA

Galax, Virginia, is a charming small town nestled in the Blue Ridge Mountains known for its vibrant folk music scene and welcoming community. Residents enjoy a variety of outdoor activities, excellent local dining, and a rich cultural heritage. The town's picturesque setting offers both tranquility and recreational opportunities, making it a desirable location for families and outdoor enthusiasts.

Buyer vs Seller Market in Galax, VA

The real estate market in Galax has shown a steady appreciation in home values due to its desirable location and community spirit. Buyers are increasingly drawn to the area for its natural beauty and affordable housing options compared to larger towns and cities.

The demand for homes has steadily increased, with many new families moving to the area seeking a quieter lifestyle. The market remains competitive, particularly for homes that are priced right and offer unique features, reflecting a broader trend of individuals looking for more space and affordability during economic fluctuations.

Home Value Estimator For Galax, VA

There are currently 6,940 real estate properties in Galax, VA, with a median automated valuation model (AVM) price of $182,859.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Galax, VA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Galax, VA, is $212,756.00, with the most expensive house in Galax, VA, topping out at $4,647,730.00 and the cheapest home in Galax, VA, clocking in at $10,272.00. In other words, there’s something for every potential homebuyer or savvy investor in Galax, VA!

Rent Prices In Galax, VA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Galax, VA, is on a rollercoaster ride. The average rent price in Galax, VA, is $990.00. Indeed, when looking to rent in Galax, VA, you can expect to pay as little as $480.00 or as much as $2,610.00, with the average rent median estimated to be $950.00. The good news is that finding an affordable and desirable property to rent in Galax, VA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Galax, VA Foreclosures

Market Trend for Galax, VA

Total Listings Available: 18

Market Values:

Home Prices from $10,272 to $4,647,730

Average Sales Price: $212,756

Rental Values:

Rental from $480 to $2,610

Average Rent Value: $990 / month

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