Is Galveston County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2021
At the same time last year, Galveston County was a Seller's Market.
How much do homes in Galveston County, TX cost?
Median Sold Price
$343,917
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2021
Median Sold Price By Bedroom Count
# BEDS | Dec 2021 | Dec 2022 | % |
---|---|---|---|
1 Bedroom | $150K | $191K | +27.3% |
2 Bedrooms | $245K | $289.9K | +18.3% |
3 Bedrooms | $270.1K | $307.8K | +14.0% |
4 Bedrooms | $351.7K | $396.5K | +12.7% |
5+ Bedrooms | $519K | $599K | +15.4% |
Median Sold Price Compared To Nearby Counties
Chambers County | $280.9K | $324.1K | +15.4% |
Galveston County | $300.9K | $343.9K | +14.3% |
Brazoria County | $291.5K | $329.9K | +13.2% |
Harris County | $284.9K | $313.8K | +10.2% |
How many homes are available in Galveston County, TX?
Number of Homes For Sale
Nov 2022 | Dec 2022 | % |
---|---|---|
1,828 | 1,777 | -2.8% |
Homes For Sale By Bedroom Count
# BEDS | Nov 2022 | Dec 2022 | % |
---|---|---|---|
1 Bedroom | 81 | 85 | +4.9% |
2 Bedrooms | 234 | 225 | -3.8% |
3 Bedrooms | 844 | 822 | -2.6% |
4 Bedrooms | 537 | 505 | -6.0% |
5+ Bedrooms | 132 | 140 | +6.1% |
Number of Homes Sold
Nov 2022 | Dec 2022 | % |
---|---|---|
360 | 270 | -25.0% |
Asking Price vs. Sold Price
166 Homes Were Sold
Under Asking
55 Homes Were Sold
At Asking
47 Homes Were Sold
Over Asking
Average Sale Time
Dec 2021 | Dec 2022 | % |
---|---|---|
31 Days | 41 Days | +32.1% |
Breakdown of Home Sale Times
159 Homes Were Sold
Under 30 Days
73 Homes Were Sold
In 30 - 90 Days
36 Homes Were Sold
Over 90 Days