Current Price

$165,798

1 Month Forecast

â–² $179,851

1-Year Forecast *

â–² $193,886

5-Year Forecast *

â–² $220,777

"Is it a good time to buy homes in Galax?" "Does investing in real estate in Galax (Virginia State, Grayson County) worth it?" According to our live Forecast System, buying a house in Galax is a good short-term (1-year) investment*. The Galax average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Galax" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Galax in Virginia State, Grayson County. If you are looking for homes for sale with good flipping profit, Galax can be a profitable property investment option. The median price of an average house in Galax was 165,798 USD on 2026-02-16. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Galax" area is 220,777 USD by 2031-02-16. For a 5-year investment the profit is expected to be around +33.16% meaning that investing 100000 USD today may yield a profit of 33,161 USD by 2031.

Current Median Listing Price: 165,798 USD Median Listing Price Per Square Foot: 92 USD

Galax Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Galax (Virginia State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Galax Price Target

Galax median home price target in 12 months: $193,886* (upside of 16.9%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $179,494 $178,519 $177,597 $180,314
2024 $161,088 $165,798 $161,088 $167,038
2023 $154,286 $161,323 $153,989 $161,323
2022 $146,747 $154,732 $146,747 $156,619
2021 $127,632 $143,901 $127,632 $143,901
2020 $115,996 $126,584 $115,996 $126,584
2019 $106,581 $115,475 $106,581 $115,475
2018 $103,975 $105,693 $103,332 $105,693
2017 $100,614 $104,196 $100,614 $104,196
2016 $97,756 $100,093 $97,756 $100,093
2015 $90,764 $97,108 $90,681 $97,108
2014 $91,153 $90,824 $90,824 $92,882
2013 $92,270 $90,915 $90,566 $92,508
2012 $97,355 $93,179 $93,179 $99,682

Questions & Answers about the Galax Housing Market Forecast

How much does an average home cost in Galax today?

The value of an average home (the listing price) in Galax is $165,798 USD.

What is the average price per square foot in Galax?

According to Walletinvestor the median price per square foot in Galax is 92 USD.

Will the median listing price of homes in Galax grow / rise / go up?

Yes. The Galax home prices may rise from 165,798 USD to 193,886 USD in one year.

Is it profitable to invest in Galax homes?

Yes. The long-term profit potential is +16.94% in one year.

Will Galax house prices fall / drop?

No. See above.

What is the predicted price of a Galax home in 2030?

The predicted home sales price of a Galax home in 2030 in Galax is 212,450 USD.

What is the predicted price of a Galax home in 2035?

The predicted home sales price of a Galax home in 2035 in Galax is 251,823 USD.

Will real estate prices decrease in Galax?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Galax is the 3639. largest city in the United States, located in Virginia State.

During the last 12 months the real estate prices in Grayson, Galax decreased, looking at the past 12 months.

According to Walletinvestor's Galax real estate market research, home values will increase in the next 12 months.

Median home values decreased by 8.051% to 165,798 USD, between 2025-02-16 and 2026-02-16

The average annual profit of property investment was:

  • 17.291% in 2021
  • 17.791% in 2022
  • 18.781% in 2023
  • 16.971% in 2024
  • 18.571% in 2025
  • 16.221% in 2026

Based on our Galax real estate market research and report the predicted sales prices will increase by 378.280% in the next 10 years.

Over the last 12 months, the value of homes in Galax fluctuated: increasing 1 times and decreasing 4 times.

Galax (Virginia) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Galax Housing Market Forecast with Real Estate Prices for 2025
August 2025 179851 164025 195678
September 2025 181207 171422 190993
October 2025 182574 164864 200283
November 2025 183950 174569 193332
December 2025 185337 175885 194789
Galax Housing Market Forecast with Real Estate Prices for 2026
January 2026 186734 176651 196818
February 2026 187281 173048 201514
March 2026 188147 176482 199812
April 2026 189566 179898 199234
May 2026 190995 178771 203219
June 2026 192435 178387 206483
July 2026 193886 182834 204937
August 2026 195348 179134 211562
September 2026 196821 185011 208630
October 2026 198300 186402 210198
November 2026 199795 185210 214380
December 2026 200891 187231 214552
Galax Housing Market Forecast with Real Estate Prices for 2027
January 2027 201468 189582 213355
February 2027 201271 185169 217373
March 2027 200856 184787 216924
April 2027 200181 180163 220199
May 2027 199173 179256 219091
June 2027 198599 180923 216274
July 2027 198217 182557 213876
August 2027 198890 183377 214404
September 2027 200390 187364 213415
October 2027 201901 186758 217043
November 2027 203423 188370 218476
December 2027 204122 188405 219840
Galax Housing Market Forecast with Real Estate Prices for 2028
January 2028 204023 184437 223609
February 2028 204107 190636 217578
March 2028 204543 192475 216611
April 2028 205393 186907 223878
May 2028 206009 187056 224961
June 2028 205708 193160 218256
July 2028 205886 193739 218034
August 2028 207163 189347 224979
September 2028 208725 192862 224588
October 2028 210299 195998 224599
November 2028 211471 199206 223737
December 2028 211461 194333 228590
Galax Housing Market Forecast with Real Estate Prices for 2029
January 2029 210909 195513 226305
February 2029 209942 189998 229887
March 2029 209531 190882 228179
April 2029 209132 195538 222725
May 2029 209901 191010 228792
June 2029 211484 191604 231363
July 2029 212450 196091 228809
August 2029 212204 199259 225148
September 2029 211136 195723 226548
October 2029 210073 194948 225198
November 2029 209360 195961 222759
December 2029 210447 198241 222653
Galax Housing Market Forecast with Real Estate Prices for 2030
January 2030 212019 195481 228556
February 2030 213617 198023 229211
March 2030 215228 196933 233522
April 2030 216850 198418 235283
May 2030 218485 200569 236401
June 2030 220133 199660 240605
July 2030 220777 207310 234244
August 2030 221798 202502 241095
September 2030 223470 210733 236208
October 2030 225155 205792 244519
November 2030 226853 207570 246135
December 2030 228563 209135 247991
Galax Housing Market Forecast with Real Estate Prices for 2031
January 2031 230286 213015 247558
February 2031 232023 216477 247568
March 2031 233766 215065 252468
April 2031 235529 219513 251545
May 2031 236822 213139 260504
June 2031 237502 215177 259827
July 2031 237269 217101 257437
August 2031 236779 222099 251460
September 2031 235984 220409 251559
October 2031 234796 217891 251702
November 2031 234119 217496 250741
December 2031 233668 213807 253530
Galax Housing Market Forecast with Real Estate Prices for 2032
January 2032 234463 211954 256971
February 2032 236230 221584 250877
March 2032 238011 216114 259908
April 2032 239806 220381 259230
May 2032 240630 227155 254106
June 2032 240513 219588 261438
July 2032 240612 223769 257455

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.