Living in Galloway, OH
Galloway, OH, is a friendly suburban community known for its safe streets and family-oriented environment. It offers convenient access to downtown Columbus while retaining a charming local vibe. With great parks, schools, and community events, it’s an ideal place for families and young professionals.
Current Market Conditions in Galloway, OH
The real estate market in Galloway, OH, has seen a notable increase in demand over the past year, primarily driven by families looking for spacious homes at affordable prices. The warm, inviting atmosphere and access to green spaces have attracted both buyers and renters, making it a desirable place to live. As more individuals and families seek suburban living to escape the hustle and bustle of city life, Galloway's property values have steadily climbed, reflecting a robust market.
In the past few months, Galloway has maintained a competitive edge in the housing market, with homes selling at a quicker pace compared to other areas in Franklin County. The influx of new residents from nearby urban areas has contributed to low inventory levels, thus pushing home prices upwards. Sellers are benefiting, but buyers are finding it essential to act quickly in this dynamic market.
Home Value Estimator For Galloway, OH
There are currently 6,701 real estate properties
in Galloway, OH,
with a median automated valuation model (AVM) price
of $296,058.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Galloway, OH, 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 Galloway, OH,
is $322,538.00, with the most expensive house
in Galloway, OH, topping out
at $5,233,638.00 and the cheapest home
in Galloway, OH,
clocking in at $31,311.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Galloway, OH!
Rent Prices
In Galloway, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Galloway, OH, is on
a rollercoaster ride. The
average rent price in Galloway, OH,
is $1,404.00. Indeed, when looking to rent in
Galloway, OH, you can expect to pay as little
as $540.00 or as much
as $2,820.00,
with the average rent median estimated to
be $1,360.00. The good news is that finding
an affordable and desirable property to rent in Galloway, OH
-- 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.
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