Galax Home Prices & Values

No data Zillow Home Value Index

  • No data1-year change
  • No data 1-year forecast

The median list price per square foot in Galax is $75, which is higher than the Galax City County average of $62. The median price of homes currently listed in Galax is $122,900 while the median price of homes that sold is $65,000.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Galax is 6.5%, which is lower than the national value of 8.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Galax homeowners underwater on their mortgage is 9.1%.

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Relative ZHVI
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Galax Market Overview

Data through Feb 28, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $122,900 Median listing price
  • No recent data Median sale price
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Galax Market Health

Data through Feb 28, 2014
  • No recent data
  • No data Average of days on Zillow
  • No recent data Homes with negative equity (19.4% US Avg)
  • No recent data Delinquent on mortgage (8.0% US Avg)
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US Metro Areas

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Los Angeles Metro $503,400 New York Metro $370,800 Washington Metro $344,900
Philadelphia Metro $193,000 Miami-Fort Lauderdale Metro $187,800 Chicago Metro $177,800
Houston Metro $154,200 Dallas-Fort Worth Metro $142,900 Atlanta Metro $137,100

Listings & Sales

Data through Feb 28, 2014
  • $75 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 29.1% Listings with price cut
31.0%
Sold below listing
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Galax Rentals

Data through Feb 28, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,060 Galax
$1,310 United States
  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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