Zip 77554 (Galveston, TX) Housing

The housing market in 77554 Galveston, TX is currently booming. The median value of a home there is $545,700 which is significantly higher than the US median value of $338,100. This means that homes in 77554 Galveston are appreciating rapidly - in the last year alone they have seen an appreciation rate of 12.95%, far higher than the 8.27% appreciation rate for US housing over the same period. This trend shows no sign of slowing and makes 77554 Galveston's housing market a great opportunity for potential investors!

The median home cost in Galveston (zip 77554) is $545,700. Home appreciation the last 10 years has been 111.3%. Home Appreciation in Galveston (zip 77554) is up 15.9%.

Average Age of Homes

- The median age of Galveston (zip 77554) real estate is 29 years old

The Rental Market in Galveston (zip 77554)

- Renters make up 14.7% of the Galveston (zip 77554) population
- 5.3% of houses and apartments in Galveston (zip 77554), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Galveston, Texas	United States
	10,231.0	139,647,020.0
	31	42
	$545,700	$338,100
	15.9%	16.6%
	56.2%	57.0%
	111.3%	101.1%
	$15.48	$10.98
	$4,891	$2,690
	27.5%	57.4%
	58.8%	11.2%
	13.7%	31.4%
Vacant Housing
	5.3%	1.9%
	0.3%	0.4%
	1.2%	0.7%
	0.1%	0.4%
	48.3%	3.6%
	3.5%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	0.4%	2.4%
	0.4%	2.8%
	0.1%	3.9%
	1.4%	4.5%
	8.1%	11.3%
	11.1%	13.0%
	25.3%	20.1%
	17.1%	13.6%
	13.6%	8.3%
	14.4%	9.7%
	5.4%	3.9%
	1.0%	2.2%
	0.5%	0.8%
	0.7%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	27.7%	13.6%
	27.7%	13.6%
	15.6%	13.6%
	25.4%	13.2%
	17.8%	14.8%
	15.6%	13.6%
	0.4%	10.0%
	0.0%	4.7%
	0.1%	12.2%

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