Galveston County, Texas Housing Market
In Galveston County, Texas, the median home value is $314,600, with a median monthly rent of $1,404. This places Galveston County at #554 nationally out of 3134 counties by median home value, and #24 within Texas.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,160
- Establishments: 6,694
- BLS QCEW, 2025
Housing Supply
- Single-family: 2,521
- Multi-family: 4
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 136,702 (avg $95,988)
- Outflow: 130,551 (avg $96,514)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Galveston County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 77554 | 376.4 | -1.23% | 2025 |
| 2 | 77518 | 289.3 | -6.45% | 2025 |
| 3 | 77565 | 313.5 | +9.66% | 2025 |
| 4 | 77550 | 431.0 | -9.10% | 2025 |
| 5 | 77563 | 339.6 | -2.12% | 2025 |
| 6 | 77573 | 294.4 | +3.20% | 2025 |
| 7 | 77590 | 301.8 | +3.95% | 2025 |
| 8 | 77568 | 314.3 | +1.82% | 2025 |
| 9 | 77551 | 370.5 | +4.31% | 2025 |
| 10 | 77539 | 302.0 | +3.86% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Galveston County Compares
| Metric | Galveston County | Texas Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $314,600 | $186,278 | $227,706 |
| Median Gross Rent | $1,404 | $997 | $968 |
| Owner Occupancy Rate | 67.6% | 73.2% | 73.3% |
| Price/Rent Ratio | 18.7 | 15.2 | 18.7 |
Market Analysis
The median home value in Galveston County is 68.9% above the Texas state average and 38.2% above the U.S. national average. The median rent of $1,404/month is 40.8% above the state average.
With a price-to-rent ratio of 18.7, the buy-vs-rent decision in Galveston County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Galveston County has an owner-occupancy rate of 67.6%, compared to 73.2% in Texas and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Bastrop County | Texas | $314,800 | $1,410 |
| Fremont County | Idaho | $314,200 | $864 |
| Polk County | North Carolina | $315,000 | $1,178 |
| Washington County | Vermont | $315,000 | $1,163 |
| Petersburg Borough | Alaska | $315,100 | $950 |
Other Counties in Texas
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Bastrop County | $314,800 | $1,410 | 76.5% |
| Midland County | $312,700 | $1,407 | 67.6% |
| Waller County | $318,700 | $1,169 | 72.0% |
| Kaufman County | $320,900 | $1,554 | 78.1% |
| Kerr County | $321,200 | $1,109 | 70.1% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).