In 77550 Galveston, TX, the median value of housing is $312,500 which is slightly lower than the US house median value of $338,100. However, house appreciation in this area has been impressive over the past year with an increase of 12.95%, higher than the US 1 year house appreciation of 8.27%. This shows that housing prices in Galveston are steadily increasing and could be a great place to invest in real estate for anyone looking to get into the market.
The median home cost in Galveston (zip 77550) is $312,500. Home appreciation the last 10 years has been 111.3%. Home Appreciation in Galveston (zip 77550) is up 15.9%.
Average Age of Homes
- The median age of Galveston (zip 77550) real estate is 60 years old
The Rental Market in Galveston (zip 77550)
- Renters make up 40.4% of the Galveston (zip 77550) population
- 7.0% of houses and apartments in Galveston (zip 77550), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.