Galax, VA
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Galax short-term rental market based on reliable data.
Listings
128 / 254
Reliable / Active
Cap Rate
13%
Middle-Earners Gross Yield
Revenue
$21,757
Middle-Earners Revenue
Occupancy
52%
Middle-Earners Occupancy
Home Value
$170,459
Median Home Sale Price
Top Earners
$37,967
Top-Earners Revenue
Galax
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Galax.
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Generally Investor friendly
Galax Regulations
STRs are explicitly permitted with clear registration and permit steps, but investors must obtain a special use permit in residential zones, meet ongoing filing/tax obligations across city, county and state (total lodging taxes ~17.3% plus personal property tax), and comply with inspections and penalties—manageable but nontrivial.
Local STR Agent
STR specialist · Galax, VA
About Galax
Galax is an independent city in the southwestern part of the Commonwealth of Virginia. As of the 2020 census, the population was 6,720.The Bureau of Economic Analysis combines the city of Galax with neighboring Carroll County for statistical purposes. Galax is bounded to the northeast by Carroll County and to the southwest by Grayson County.