Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$316,541−1.1% YoY · prices are falling
Market right nowBalanced, leaning buyersFewer homes for sale than last year, 19% have cut their price
Income needed to buy, per year$68,619About 0.8× the local median income ($86,354): affordable for a typical household
Days on market73 daysFaster than a year ago: sellers have the edge
Next 12 months+0.3%Zillow expects prices to stay about flat
The typical home in Galveston County, TX is worth $316,541, down 1.1% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $297,625, so the area is 6.4% overvalued. It is a balanced market, leaning toward buyers: homes take about 73 days to sell, listings are down 4% from a year ago, 19% of listings have had a price cut. Zillow expects prices to rise about 0.3% over the next year. A household needs about $68,619 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $86,354. Typical rent is $1,618 a month, or $2,193 for a house. In the latest IRS figures, 2,042 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$316,541
Change in 1 year
−1.1%
Overvalued %
+6.4%
Show 7 more
Fair home value
$297,625
Change in 5 years
+7.7%
Zillow forecast, next 12 months
+0.3%
Home value to income
3.7×
Monthly mortgage payment (20% down)
$1,715
Income needed to afford it
$68,619
Property tax rate
1.41%
Rent and investing
Typical rent
$1,618
Typical rent for houses
$2,193
Price-to-rent ratio
16.3×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,497
Gross rental yield
6.13%
Cap rate (estimate)
3.99%
Market activity
Listings vs a year ago
−3.9%
Days on market
73
Listings with a price cut
18.8%
Show 3 more
Homes for sale
3,246
Pending sales per 100 listings
18
Asking price per sq ft
$236
People and jobs
Median household income
$86,354
Population change (1 year)
+1.3%
Unemployment rate
5.7%
Show 4 more
Population
372,207
Income adjusted for cost of living
$87,580
Net moves in (IRS)
+2,042
Cost of living (US = 100)
98.6
Schools, risk and environment
School rating (1 to 10)
6.2
FEMA hazard risk score (0 to 100)
95.4
Unhealthy air days a year
8
Show 4 more
Flood risk score
93.6
Wildfire risk score
84.9
Walkability (1 to 20)
7.8
Road, rail and air noise
54 dB
Questions people ask
Is Galveston County, TX overvalued?
Home prices in Galveston County, TX are slightly above what local incomes have historically supported: fair value is about $297,625, so the area is 6.4% overvalued.
Is Galveston County, TX a buyer's or seller's market?
Galveston County, TX is a balanced market, leaning toward buyers: homes take about 73 days to sell, listings are down 4% from a year ago, 19% of listings have had a price cut.
Are home prices going down in Galveston County, TX?
Home values in Galveston County, TX are down 1.1% over the last year. Zillow's forecast for the next 12 months is +0.3%.
How much do you need to earn to buy a home in Galveston County, TX?
A household needs about $68,619 a year to afford the typical home in Galveston County, TX at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $86,354.