Market Overview
Home Prices in Galion, OH
The median home value in Galion, OH is $176,873 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.8% compared to a year ago and up 5.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Galion are priced57% below average. Galion is part of the Bucyrus-Galion, OH metro area.
Over the past five years, Galion home values have risen by approximately41.8%, reflecting strong long-term appreciation in this market.
Price History
Galion Home Price Trend
City Comparison
Galion vs. National Median
At $176,873, homes in Galion cost 57% below the national median of $410,000. This makes Galion a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Galion?
20% Down Payment
$35,375
on $176,873
Monthly P&I
$922/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,171/mo
incl. taxes & insurance
Income Needed
$46,840
gross annual (30% rule)
10% Down Option
$17,687
+ PMI applies
Loan Amount (20% dn)
$141,498
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Galion, OH?
The median home value in Galion is $176,873 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.8% year-over-year.
How much have home prices changed in Galion?
Over the past year, home values in Galion have increased by 6.8%. Over five years, prices have risen approximately 41.8%.
How much do I need to earn to buy a home in Galion?
To comfortably afford the median home price of $176,873 with a 20% down payment ($35,375) at today's rates (6.8%), you'd need a gross annual income of approximately $46,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Galion compare to the national average home price?
The national median home value is approximately $410,000. At $176,873, homes in Galion are 57% below the national average.
What metro area is Galion part of?
Galion is part of the Bucyrus-Galion, OH metropolitan area. Home prices and market conditions can vary across the broader metro region.