Galveston, TX 77551 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demographics
Economy
Galveston, TX — 77551
Market Hotness
13
Hotness Rank
#12,983
Hotness Score
13
Supply Score
10
Demand Score
15
DOM vs US
+29.5%
Slower
Price vs US
60%
Below avg
Median Listing Price
$257K
Population
21,696
Households
161,868
Median Days on Market
83
Active Listings
284
New Listings
38
Housing Market
Pricing
Median Listing Price
$257K
-5.1% YoY
Average Listing Price
$309K
+5.9% YoY
Price per Sq Ft
$274
0.0% YoY
Median Sq Ft
952
-2.6% YoY
Inventory
Active Listings
284
-11.5% YoY
New Listings
38
+11.8% YoY
Total Listings
308
-9.1% YoY
Buyer Competition
Pending Listings
28
+41.0% YoY
Pending Ratio
0.10
+3.6% YoY
Median Days on Market
83
+12.6% YoY
Price Reduced
13.1%
-5.1% 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
21,696
-1.5% 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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