Is Galax, VA a good place to invest in rental property?

Galax, VA has a median modeled monthly cash flow of $-604 and a median cap rate of 3.2%, on a median sold price of $189,200. Prices changed +7.7% year over year.

What is the average cap rate in Galax, VA?

The median cap rate across recently sold homes in Galax, VA is 3.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Galax, VA?

The median sold price in Galax, VA is $189,200 (about $147 per square foot).

Investing in Galax, VA Real Estate

A data-driven snapshot of the Galax, VA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$189,200Median sold price

$147Median $/sqft

3.2%Median cap rate

$-604Modeled cash flow / mo

+7.7%Appreciation YoY

7.3Months of supply

127Active listings

208Sold (last 12 mo)

What the Galax numbers say

In Galax, VA, the median home sold for $189,200 (about $147 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-604 of monthly cash flow. Sold prices moved +7.7% over the past year. Inventory sits at about 7.3 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Virginia markets to compare

See Galax cash-flowing listings

CashFlowRE ranks every for-sale home in Galax, VA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Galax deals, or browse the national market data.