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GALWAY, NY 12074

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The GALWAY, NY real estate market (12074) currently shows 5 active listings, with 3 pending sales. Homes are averaging 88 days on the market before going under contract.

Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 88 days on market compared to 26 days last year.

The median listing price has fallen 3.4% year-over-year, from $406,250 to $392,400.

Whether you are buying or selling in GALWAY, NY, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 2,956  ·  Density: 33.3/mi²  ·  Median household income: $82,841

Typical home value: $256,908  ·  Homeownership: 91.0%

Market Overview

Active Listings
5
⇩ 64.3% vs 14 last year
Pending
3
60% pending ratio
Median Price
$392,400
⇩ 3.4% vs $406,250 last year
Average Price
$400,833
⇧ 1% vs $396,800 last year
Days on Market
88
⇧ 238.5% vs 26 days last year

Price Per Square Foot

Median $/sqft
$260
⇩ 1.9% vs $265/sqft last year
Median Home Size
1,382 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 5 this year vs 14 last year
  • Days on market: 88 now vs 26 last year

Median & Average Pricing

Year over Year
  • Median: $392,400 (-3.4% YoY)
  • Average: $400,833 (+1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.3 miles — 305 listings ($135,279,471 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
12074Galway, NY 120740.0 mi9$3,466,800$375,000$385,200
12850Middle Grove, NY 128504.7 mi11$2,988,095$199,900$271,645
12863Rock City Falls, NY 128635.9 mi11$7,978,795$697,000$725,345
12010Amsterdam, NY 1201010.2 mi58$21,545,840$299,900$371,480
12027Burnt Hills, NY 1202711.4 mi3$1,383,000$461,000$461,000
12019Ballston Lake, NY 1201911.9 mi61$39,823,179$700,940$652,839
12150Rotterdam Junction, NY 1215012.2 mi1$259,000$259,000$259,000
12117Mayfield, NY 1211713.2 mi17$6,519,194$260,000$383,482
12069Fort Hunter, NY 1206914.1 mi1$269,900$269,900$269,900
12822Corinth, NY 1282215.2 mi20$6,306,820$359,000$315,341
12151Round Lake, NY 1215115.7 mi2$895,000$447,500$447,500
12306Schenectady, NY 1230617.0 mi108$42,912,828$381,500$397,341
12305Schenectady, NY 1230517.3 mi3$931,020$327,400$310,340

Frequently Asked Questions

How many homes are for sale in GALWAY, NY 12074?

As of February 2026, there are 5 active listings in GALWAY, NY (zip code 12074), compared to 14 the prior year.

What is the median home price in GALWAY, NY 12074?

The median listing price in GALWAY, NY 12074 is $392,400 as of February 2026, a 3.4% decrease from $406,250 the prior year.

How long do homes stay on the market in GALWAY, NY?

Homes in GALWAY, NY 12074 spend an average of 88 days on the market before going under contract, compared to 26 days the prior year.

Is it a seller's or buyer's market in GALWAY, NY 12074?

Based on current inventory and days-on-market data as of February 2026, GALWAY, NY 12074 is currently a Balanced Market. Inventory has tightened compared to last year, with 9 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 88 days on market compared to 26 days last year.

How much can I save on real estate commission in GALWAY, NY?

With SELL123.com's maximum 3% commission, sellers in GALWAY, NY 12074 save an estimated $7,848 compared to a typical 5% commission on the median listing price of $392,400. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.