Galveston housing market: home prices, trends and forecast
Galveston home prices: the Zillow Home Value Index put the value of a typical Galveston, Texas home at $315,114 in September 2026. That sits −4.0% below the level of a year before and −16.3% under the $376,584 peak of August 2022.
- Typical value of a home
- $315,114September 2026, Zillow ZHVI
- Change over 12 months
- −4.0% compared with September 2025.
Galveston home prices since 2000
Galveston appears as the steel line, while the United States appears as the grey line. Since January 2001, the typical Galveston home rose from $118,321 to $315,114, a ×2.66 increase. Over the same months, the US recorded ×2.80. At the boom peak, the value was $171,018 in August 2007; the low was $136,327 in September 2011, −20.3%.
Galveston median home price by year
Each yearly figure averages twelve monthly values, while 2026 reflects its latest month.
| Year | Galveston | Change on the year | United States |
|---|---|---|---|
| 2001 | $118,977 | $134,899 | |
| 2002 | $123,948 | +4.2% | $144,276 |
| 2003 | $128,065 | +3.3% | $155,308 |
| 2004 | $135,217 | +5.6% | $169,891 |
| 2005 | $148,853 | +10.1% | $189,732 |
| 2006 | $163,504 | +9.8% | $206,531 |
| 2007 | $170,278 | +4.1% | $208,449 |
| 2008 | $164,614 | −3.3% | $195,574 |
| 2009 | $150,845 | −8.4% | $177,542 |
| 2010 | $147,314 | −2.3% | $171,462 |
| 2011 | $137,722 | −6.5% | $162,508 |
| 2012 | $140,543 | +2.0% | $161,137 |
| 2013 | $151,527 | +7.8% | $171,420 |
| 2014 | $165,935 | +9.5% | $182,996 |
| 2015 | $178,806 | +7.8% | $192,738 |
| 2016 | $192,917 | +7.9% | $204,509 |
| 2017 | $207,928 | +7.8% | $216,767 |
| 2018 | $221,556 | +6.6% | $230,541 |
| 2019 | $231,147 | +4.3% | $242,088 |
| 2020 | $247,865 | +7.2% | $257,151 |
| 2021 | $297,670 | +20.1% | $295,959 |
| 2022 | $362,153 | +21.7% | $340,014 |
| 2023 | $367,631 | +1.5% | $348,160 |
| 2024 | $360,716 | −1.9% | $359,751 |
| 2025 | $336,742 | −6.6% | $362,959 |
| September 2026 | $315,114 | −4.0% | $366,157 |
Current value of a Galveston home bought in any year
An index-based estimate for a typical home; it is not an appraisal.
Each year's figure averages its twelve monthly index values, while the current value is from September 2026. Other choices include the home appreciation calculator.
Considering a sale? Compare area agents through Realtor.com. Advertising disclosure: links like this one may earn the site a payment, but they never affect a number. Disclosure.
Galveston housing market forecast
Zillow's Houston, TX metro forecast is +0.3% for the 12 months starting in September 2026, with 0% projected for the next three months. Apply it to Galveston's typical value, $315,114, and one year later the forecast would land close to $316,100.
For the metro, Zillow's central estimate appears here as restated; this site does not publish a forecast of its own. Forecasts like this 12-month one have typically been off by several percentage points from the realised change, in both directions. This is not investment advice.
All metro forecasts appear together in the housing market forecast table.
Galveston housing market crash risk score
High, 62 of 100
Ranking uses five conditions that were high before earlier price falls, and Galveston is scored against 292 cities. Each input receives a score from 0 to 100 compared with the other cities, and those five scores are averaged with equal weight. The score reflects current conditions and does not predict a crash.
| Input | Value | Sub-score | Weight |
|---|---|---|---|
| Active listings vs 2019 | +19.9% | 71 | 20% |
| Time on the market vs 2019 | −5.2% | 28 | 20% |
| Price-to-rent ratio | 18.3 | 52 | 20% |
| 12-month price change | −4.0% | 98 | 20% |
This is not investment advice. Input scoring details are available in the methodology. See all 292 ranked cities in the crash risk by city list.
Galveston homes: inventory and market time
In September 2026 the Houston, TX metro counted 35,898 homes for sale, +5.3% more than a year before and +19.9% more than in September 2019. Homes had a median of 55 days on the market to sell (−5.2% against 2019). Among the listings, 20.2% received a price reduction.
| Houston, TX metro, September 2026 | Value | On a year |
|---|---|---|
| Active listings | 35,898 | +5.3% |
| New listings | 9,000 | |
| Median days on market | 55 | −0.9% |
| Median list price | $353,995 | −1.7% |
| Share with a price cut | 20.2% |
Metro inventory from Realtor.com® Economic Research. Source data. Every metro: market time by city.
Galveston rent and cost of living
By the Zillow Observed Rent Index, the typical monthly asking rent in Galveston is $1,435, +0.3% on a year. That rent would take 18.3 years to cover a typical home. BEA sets the metro's price index at 98.6 compared with a US average of 100, while its housing cost index stands at 104.5.
Additional Texas housing markets
- Houston housing market $259,465.
- San Antonio prices $244,623.
- Dallas housing market $303,442.
- Fort Worth $292,949
- Austin housing market $491,960.
- El Paso prices $237,556.
- Arlington, Texas $306,472
- Corpus Christi $222,115
- Plano housing market $497,714.
- Lubbock housing market $210,957.
For the whole state, see the Texas housing market.
How to read this chart
The Zillow Home Value Index for Galveston gives each month's dollar value for a typical home in the market's middle third. It uses smoothing and seasonal adjustment. The hollow point identifies the month selected on the slider, while the terracotta point identifies the most recent month. No inflation adjustment is applied to these figures, and an index tracks the typical home rather than any one house: to price a single home from its own sale price, use the card just above, or the appreciation calculator.