Housing in Galveston, TX

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$349,750

Median List Price

$439,000

Price Per Sq Ft

$257

Days on Market

130

Active Inventory

796

Months of Supply

12.8

Buyer's market

Zillow Home Value

$313,946

ZHVI — January 2026

Zillow Rent Index

$1,316

ZORI — January 2026

Price Trends

Source: Redfin

Sale Price ↓ 4.2%List Price ↓ 2.3%Mar 24 → Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

4.8%

Off Market in 2 Weeks

6.4%

Sale-to-List Ratio

91.6%

Buyer's market

Sold Above Asking

4.8%

Under Contract in 2 Wks

6.4%

Listings with Price Drops

18.5%

Market Activity

Source: Redfin

Homes Sold

New Listings

159

Pending Sales

Homes Sold ↓ 38.0%New Listings ↓ 41.3%Pending ↓ 42.2%Mar 24 → Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$257

Median List $/SF

$319

Sale $/SF ↓ 9.8%List $/SF ↓ 7.5%Mar 24 → Jan 26

Galveston vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 50,000 - 100,000 residents. Galveston is highlighted.

Median Home Value

74th%ilemost expensive$294,300show rank

Median Rent

74th%ilemost expensive rent$1,278show rank

Median Price Per Sq Ft

76th%ilemost expensive $/sqft$257show rank

Rent Burden

89th%ilehighest rent burden26.8%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$294,300

Median Rent

$1,278

Total Housing Units

34,921

Vacancy Rate

29.8%

Owner Occupied

46.7%

Renter Occupied

53.3%

Median Property Tax

$3,485

per year

Monthly Cost (w/ Mortgage)

$1,315

Housing Types

Single Family

59.0%

Multi-Family

40.4%

Mobile Home

0.5%

The current median sale price in Galveston, TX is $349,750 according to Redfin data. Homes spend a median of 130 days on the market. 4.8% of homes sold above asking price. The market has 12.8 months of supply. The median price per square foot is $257. Zillow's observed rent index is $1,316/month. About 46.7% of housing units are owner-occupied. The median year homes were built is 1973. There are 34,921 total housing units.