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Cedar Lawn (Cedar Lawn Historic District) Colony Park Denver Court (Denver Court Historic District) Gulf Village Havre Lafitte (Havre la Fitte) Midtown

GALVESTON, TX 77551

Real Estate Market Report  ·  Galveston County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 77551

Cedar Lawn (Cedar Lawn Historic District) · Colony Park · Denver Court (Denver Court Historic District) · Gulf Village · Havre Lafitte (Havre la Fitte) · Midtown

Market Analysis

Data as of March 2026. Source: Realtor.com.

The GALVESTON, TX real estate market (77551) currently shows 297 active listings, with 25 pending sales. Homes are averaging 76 days on the market before going under contract.

Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 76 days on market compared to 67 days last year.

The median listing price has fallen 2.6% year-over-year, from $273,500 to $266,500.

Whether you are buying or selling in GALVESTON, TX, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 22,521  ·  Density: 2,199.4/mi²  ·  Median household income: $56,620

Typical home value: $242,574  ·  Homeownership: 47.5%

Market Overview

Active Listings
297
⇩ 4.2% vs 310 last year
Pending
25
8% pending ratio
Median Price
$266,500
⇩ 2.6% vs $273,500 last year
Average Price
$289,407
⇧ 0.2% vs $288,717 last year
Days on Market
76
⇧ 13.4% vs 67 days last year

Price Per Square Foot

Median $/sqft
$274
⇩ 4.5% vs $287/sqft last year
Median Home Size
983 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 297 this year vs 310 last year
  • Days on market: 76 now vs 67 last year

Median & Average Pricing

Year over Year
  • Median: $266,500 (-2.6% YoY)
  • Average: $289,407 (+0.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 31.1 miles — 2,138 listings ($1,164,666,908 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
77551Galveston, TX 775510.0 mi289$87,376,260$272,500$302,340
77554Galveston, TX 775546.4 mi676$539,930,664$625,000$798,714
77568La Marque, TX 7756811.0 mi281$87,977,447$306,003$313,087
77591Texas City, TX 7759113.0 mi113$29,963,193$269,975$265,161
77510Santa Fe, TX 7751016.1 mi103$40,457,267$360,225$392,789
77518Bacliff, TX 7751818.1 mi39$17,132,505$238,500$439,295
77565Kemah, TX 7756521.5 mi71$55,569,286$511,250$782,666
77586Seabrook, TX 7758624.1 mi180$102,274,380$396,950$568,191
77617Gilchrist, TX 7761725.3 mi57$35,647,002$585,000$625,386
77598Webster, TX 7759825.5 mi57$16,916,745$276,200$296,785
77546Friendswood, TX 7754627.0 mi203$119,185,969$435,625$587,123
77534Danbury, TX 7753428.6 mi17$6,786,298$257,250$399,194
77514Anahuac, TX 7751431.1 mi52$25,449,892$351,000$489,421

Frequently Asked Questions

How many homes are for sale in GALVESTON, TX 77551?

As of March 2026, there are 297 active listings in GALVESTON, TX (zip code 77551), compared to 310 the prior year.

What is the median home price in GALVESTON, TX 77551?

The median listing price in GALVESTON, TX 77551 is $266,500 as of March 2026, a 2.6% decrease from $273,500 the prior year.

How long do homes stay on the market in GALVESTON, TX?

Homes in GALVESTON, TX 77551 spend an average of 76 days on the market before going under contract, compared to 67 days the prior year.

Is it a seller's or buyer's market in GALVESTON, TX 77551?

Based on current inventory and days-on-market data as of March 2026, GALVESTON, TX 77551 is currently a Balanced Market. Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 76 days on market compared to 67 days last year.

How much can I save on real estate commission in GALVESTON, TX?

With SELL123.com's maximum 3% commission, sellers in GALVESTON, TX 77551 save an estimated $5,330 compared to a typical 5% commission on the median listing price of $266,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.