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Featured local agent — Galveston, TX
Sarah Mitchell
Compass Real Estate · Galveston, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Galveston, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$381,500median sale price
How is the Galveston, TX housing market right now?
The median home sale price in Galveston, TX is $381,500, up 9.6% year-over-year. Homes sell in an average of 76 days with 1,044 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Galveston a buyer's or seller's market?
Galveston, TX is currently a buyer's market, based on 10.8 months of supply and homes selling in about 76 days. How we determine this →
Homes sold
97
Last 12 weeks
Days on market
76
Average pace
Active listings
1,044
10.8 months supply
Sale-to-list
95.1%
Below asking
What does the Galveston housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $381,500 |
| Median list price | $399,000 |
| Year-over-year price change | +9.6% |
| Average days on market | 76 days |
| Active inventory | 1,044 listings |
| Months of supply | 10.8 months |
| Sale-to-list price ratio | 95.1% |
| Median price per sq ft | $254/sq ft |
| Homes sold (latest month) | 97 |
| New listings (latest month) | 221 |
| Listings with a price cut | 24.5% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Galveston by property type?
How the Galveston, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $425,000 | $235/sq ft | 67 | 76 days |
| Condo / Co-op | $236,250 | $303/sq ft | 24 | 99 days |
| Townhouse | $285,000 | $224/sq ft | 3 | 84 days |
Source: Redfin · Updated monthly
The Galveston housing market is currently classified as a buyer's market with a median sale price of $381,500. Prices have risen 9.6% compared to last year, with homes spending an average of 76 days on market, indicating 10.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 5.6x provides context for how home values compare to local earning capacity.
Homes for sale in Galveston
There are currently 1,044 homes listed for sale in Galveston, Texas. The median listing price is $399K.
Active listings
1,044
Homes on market
Median list price
$399K
Avg. days on market
76
Days until sale
New this week
221
Newly listed
Who lives in Galveston?
Population
53,348
Median income
$57,216/yr
Median age
40 years
Owner-occupied
46.7%
College grads
33.7%
Avg commute
20.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Galveston?
Zillow home value
$322,876
Zillow rent index
$1,356/mo
Price-to-rent ratio
19.8x
Price-to-income
5.6x
Source: Zillow Research
What is it like to live in Galveston?
Galveston is a community of approximately 53K residents with a median age of 40 years.The median household income is $57,216, which represents a working-class community with solid middle-income opportunities. 33.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 46.7%, showing a blend of owner and renter-occupied properties. The average commute time is 20.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Galveston offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Galveston?
14 schools tracked · 7,304 students
The largest public schools serving Galveston, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
BALL H S
Grades 9-12 · 1,951 students
ODYSSEY ACADEMY - GALVESTON
Grades PK-12 · 829 students
CENTRAL MIDDLE
Grades 7-8 · 826 students
OPPE EL
Grades PK-4 · 624 students
MORGAN EL MAGNET SCHOOL
Grades PK-4 · 572 students
BURNET EL
Grades PK-4 · 556 students
PARKER EL
Grades PK-4 · 440 students
WEIS
Grades 5 · 405 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Galveston, TX?
Want a head-to-head view? Compare Galveston side-by-side with any other U.S. city using our market-comparison tool.
Is Galveston a good real estate investment market?
For investors evaluating Galveston, the price-to-rent ratio of 19.8x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 9.6% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Galveston's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Galveston's median home price.
Frequently asked questions
What is the average home price in Galveston?
The median home sale price in Galveston is $381,500, up 9.6% from last year.
How long do homes stay on market in Galveston?
Homes typically spend 76 days on market before going under contract.
What is the median income in Galveston?
The median household income is $57,216 per year.
Is Galveston a buyer's or seller's market?
With 10.8 months of supply, Galveston is currently a buyer's market.
What is the Zillow home value estimate for Galveston?
The Zillow Home Value Index (ZHVI) for Galveston is $322,876, representing the typical home value in the area.
What is the median condo price in Galveston?
The median condo/co-op sale price in Galveston, TX is $236,250, compared to $425,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Galveston?
The median single-family home price in Galveston, TX is $425,000 (about $235 per square foot).
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