Galveston, TX 77550 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demographics
Economy
Galveston, TX — 77550
Market Hotness
20
Hotness Rank
#12,106
Hotness Score
20
Supply Score
12
Demand Score
28
DOM vs US
+26.0%
Slower
Price vs US
93%
Below avg
Median Listing Price
$399K
Population
23,489
Households
161,868
Median Days on Market
79
Active Listings
359
New Listings
58
Housing Market
Pricing
Median Listing Price
$399K
-7.8% YoY
Average Listing Price
$567K
+2.3% YoY
Price per Sq Ft
$263
-4.8% YoY
Median Sq Ft
1,612
+3.8% YoY
Inventory
Active Listings
359
-10.4% YoY
New Listings
58
-21.6% YoY
Total Listings
410
-5.5% YoY
Buyer Competition
Pending Listings
54
+52.9% YoY
Pending Ratio
0.15
+6.2% YoY
Median Days on Market
79
+13.7% YoY
Price Reduced
16.6%
-4.6% YoY
Units & Occupancy
2024 Occupancy
162K
units
Occupied
140,660
86.9%
Vacant
21,208
13.1%
2024 Tenure
141K
occupied
Owner
95,138
67.6%
Renter
45,522
32.4%
Renter Share
32.4%
-0.4% YoY
Total Housing Units
161,868
+1.6% YoY
FY2026 Fair Market Rent — Galveston County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,280
/month
1 BR
$1,323
/month
2 BR
$1,573
/month
3 BR
$2,116
/month
4 BR
$2,639
/month
FMR Trends — Galveston County
Source: HUD Fair Market Rents
Demographics
Median Age
38.8
2024
Population
ZIP Population
23,489
-0.2% YoY
Galveston County Population
367,407
+1.3% YoY
Households
Total Households
140,660
+1.4% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.51
-0.4% YoY
Age
2024 Age Mix
359K
residents
Under 18
84,684
23.6%
Adults 18–64
217,702
60.6%
65 & Over
56,604
15.8%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
84,684
+0.1% YoY
Population 65 & Over
56,604
+4.2% YoY
Median Age
38.80
+0.8% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
86.1%
Moved (within US)
13.4%
Other
0.5%
Veterans
7.3%
0.0% YoY
Economy
Income
Median Household Income
$86K
+0.9% YoY
Per-Capita Income
$45K
+1.9% YoY
Mean Household Income
$114K
+1.2% YoY
Poverty
Below Poverty Level
11.7%
+4.5% YoY
Transportation to Work
2023 Commute Mode
of workers
Drove alone
78.2%
Public transit
0.5%
Worked from home
10.6%
Other
10.7%
Worked From Home
11.7%
+10.4% YoY
Mean Commute
27.90
+0.7% YoY
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