Similar to its nearby areas, it is a little less expensive compared to the rest of the nation. Compared to the city of Albany, it's a bit less expensive.
Home prices
The median home in Galway costs $160,000. In comparison to the surrounding areas this is roughly $4,660 (2%) higher.It is about $57,500 (26%) lower in comparison to the rest of the nation, and compared to the city of Albany it is about $19,100 (10%) lower.
Rents
In Galway the median rent is $833 per month. Compared to nearby areas it is approximately $62 (6%) lower.Compared to the rest of the country it is approximately $229 (21%) lower, and is approximately $136 (14%) lower in comparison to the city of Albany.
Nearby places
Hagaman
Hagaman is roughly 6 miles southwest of Galway. Its housing prices are a little less expensive. The median home in Hagaman costs $143,800, which works out to $16,200 (11%) lower than Galway. Rent there is a bit more expensive. Hagaman's median monthly rent is $1,012, which is $179 (17%) higher than Galway.
Broadalbin
Broadalbin is roughly 7 miles west of Galway. Housing prices there are a little less expensive. The price of the median home in Broadalbin is $131,700, which comes out to $28,300 (21%) lower than Galway. The rent there is similar. Broadalbin's median monthly rent is $815, which works out to $18 (2%) lower than Galway.
Ballston Spa
Ballston Spa is roughly 7 miles east of Galway. Housing prices there are a little more expensive. The median home in Ballston Spa costs $226,200, which works out to $66,200 (29%) higher than Galway. Its rents are a little more expensive. The median rent in Ballston Spa is $988 a month, which works out to $155 (15%) higher than Galway.
North Ballston Spa
North Ballston Spa is approximately 7 miles east from Galway. Real estate prices there are a bit more expensive. The price of the median home in North Ballston Spa is $188,900, which is $28,900 (15%) higher than Galway. Rents there are pretty similar. The median rent in North Ballston Spa is $842 a month, which comes out to $9 (1%) higher than Galway.
Amsterdam
Amsterdam is roughly 8 miles southwest of Galway. Its housing prices are substantially less expensive. Amsterdam's median home price is $86,100, which is $73,900 (85%) lower than Galway. Its rents are pretty similar. Amsterdam's median rent is $817 a month, which works out to $16 (1%) lower than Galway.