Galloway, OH—43119
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Galloway, OH
As of Oct '25, the median home price in Galloway, OH is $301,000, with a year-over-year change of 0.5%. This indicates that home prices in Galloway, OH are flat. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $301,000 | 0.5% |
| Single Family | $312,000 | 0.6% |
| Condos | $228,000 | -2.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $230,000 | -3.0% |
3 Bed | $293,000 | 0.0% |
4 Bed | $354,000 | 1.4% |
| 5 Bed | $464,000 | 2.0% |
% of Housing Stock
Rental Trends — Galloway, OH
As of July '25, Rentcast reports the average rent in Galloway, OH is $2,010, with a year-over-year rent change of -2.9%. Per bedroom, the median rent as of July '25 in Galloway, OH is 1-bedrooms: $1,080, 2-bedrooms: $2,000, 3-bedrooms: $2,210, 4-bedrooms: $2,120. The most common rental property sizes in Galloway, OH are 2-bedroom and 3-bedroom, accounting for 47.8% and 24.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,160 | $2,010 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,100 | $1,080 |
| 2 Bed Rent | $2,000 | $2,000 |
| 3 Bed Rent | $2,200 | $2,210 |
| 4 Bed Rent | $2,170 | $2,120 |
% of Rental Stock
Property Listings — Galloway, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Galloway, OH is 37. This is a increase of 60.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 41.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $340,000 | -1.0% |
Listing Count | 87 | -20.0% |
| Listings as % of Homes | 0.3% | -20.0% |
Days on Market | 37 | 60.0% |
Demographics — Galloway, OH
As of the latest ACS Survey released in 2023, Galloway, OH has a population of 29,400, which has increased by 3.1% over the past 5 years. Galloway, OH is a popular place for families, as children make up 26.3% of the population. The area has a moderately educated workforce, with 34.5% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,400 | 3.1% |
% Under 18 | 26.3% | 0.8% |
% Seniors | 10.5% | 12.9% |
% WFH | 15.4% | 431.0% |
% w/ College Degree | 34.5% | 25.9% |
As of the latest ACS Survey released in 2023, Galloway, OH is a predominantly white area, with 71.2% of the population identifying as white. The white population has shrunk by 8.1% in the last 5 years. The second most common race or ethnicity in Galloway, OH is hispanic, making up 10.7% of the population. Foreign-born residents account for 11.8% of the population in Galloway, OH, and this percentage has increased by 47.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 71.2% | -8.1% |
% Black | 9.3% | 31.0% |
% Hispanic | 10.7% | 28.9% |
% Asian | 4.6% | 24.3% |
% Foreign Born | 11.8% | 47.5% |
Mortgage and Risk — Galloway, OH
According to HUD data as of 2023, there were 102 mortgage originations in Galloway, OH, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Galloway, OH. Investor activity is low, as 1.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 102 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 21.0% |
Loan Activity
Rentals and Section 8 — Galloway, OH
As of 2024, the percent of homes in Galloway, OH under the Section 8 program is 9.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Galloway, OH, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 327 |
Total Units Section 8 | 327 |
% Rentals under Section 8 | 9.5% |
% Occupied Section 8 | 84.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $160 | $1,100 | $1,260 |
| 2 Bedroom | -$470 | $2,000 | $1,530 |
| 3 Bedroom | -$360 | $2,200 | $1,840 |
| 4 Bedroom | -$120 | $2,170 | $2,050 |
Affordability — Galloway, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $301,000 |
| Median Household Income | $88,300 |