What the Pros Know

6,717

Population

0.2% YoY

2023

42.9

Median Age

1.9% YoY

2022

$44,612

Median Household Income

12.1% YoY

2022

2,917

Labor Force

3.4% MoM

6.2% YoY

8/2024

2,726

Employed

0.5% MoM

7% YoY

8/2024

6.5%

Unemployment Rate

71.1% MoM

12.1% YoY

8/2024

$211,750

Median Sale Price

49.4% MoM

56.9% YoY

8/2024

8

Homes Sold

0.0% MoM

27.3% YoY

8/2024

2.5

Months Inventory

5.3% MoM

5.2% YoY

8/2024

63

Days on Market

12 MoM

22 YoY

8/2024

20

Listings

5.3% MoM

31.0% YoY

8/2024

96.0%

Sale Price to List Price

0.8% MoM

3.5% YoY

8/2024

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Cities included in Galax: Galax


 1.  Population Data from U.S. Census Bureau.
 2.  Employment Data from Bureau of Labor and Statistics
 3.  Sales Data provided by Redfin, a national real estate brokerage.

MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.

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