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 2020
Since last year, Galveston County has remained a Seller's Market.
Key Takeaway
Galveston County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Galveston County, TX cost?
Median Sold Price
$300,573
$149/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2020
Key Takeaway
Homes in Galveston County have sold for 13.7% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Dec 2020 | Dec 2021 | % |
|---|---|---|---|
| 1 Bedroom | $125K | $150K | +20.0% |
| 2 Bedrooms | $205K | $244.7K | +19.4% |
| 3 Bedrooms | $235.1K | $270.2K | +14.9% |
| 4 Bedrooms | $311.9K | $352.4K | +13.0% |
| 5+ Bedrooms | $427.6K | $520K | +21.6% |
Median Sold Price Compared To Nearby Counties
| % | |
|---|---|
| Harris County | +16.6% |
| Galveston County | +13.7% |
| Brazoria County | +12.1% |
| Chambers County | -1.7%  |
How many homes are available in Galveston County, TX?
Number of Homes For Sale
| Nov 2021 | Dec 2021 | % |
|---|---|---|
| 1,910 | 1,621 | -15.1% |
Homes For Sale By Bedroom Count
| # BEDS | Nov 2021 | Dec 2021 | % |
|---|---|---|---|
| 1 Bedroom | 86 | 67 | -22.1% |
| 2 Bedrooms | 237 | 219 | -7.6% |
| 3 Bedrooms | 860 | 718 | -16.5% |
| 4 Bedrooms | 583 | 500 | -14.2% |
| 5+ Bedrooms | 144 | 117 | -18.8% |
Number of Homes Sold
| Nov 2021 | Dec 2021 | % |
|---|---|---|
| 562 | 522 | -7.1% |
Asking Price vs. Sold Price
246 Homes Were Sold
Under Asking
125 Homes Were Sold
At Asking
150 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Galveston County, you may be able to get a good deal. 47.2% of homes here sold below asking price last month.
Average Sale Time
| Dec 2020 | Dec 2021 | % |
|---|---|---|
| 36 Days | 29 Days | -19.4% |
Breakdown of Home Sale Times
349 Homes Were Sold
Under 30 Days
133 Homes Were Sold
In 30 - 90 Days
39 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Galveston County are selling fast, if you're buying plan to act quickly.
Disclaimer: Certain information contained herein is derived from information which is the property of, and copyrighted by, Houston Realtors Information Service, Inc. The listing information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Copyright© 2022 Houston Realtors Information Service, Inc. All rights reserved.
©2022 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS)®. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Copyright 2005 Austin Central Texas Realty Information Services, Inc.