77554 Real Estate Market

77554 Market

The median sale price for homes in 77554 over the last 12 months is $242,500.


The median mortgage debt is $83,695.

Additional Statistics for Single Family Homes and Condos in Galveston, TX
$332,060
Median Listing Price
259
Median Days on Market
834
Active Listings
1.4%
Distressed Listings
(foreclosures and short sales)
77554 (Galveston, TX) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Galveston is $369,000. The list prices increased by 0.27% from the previous month.

The price per square foot for listings in this area is $214.

The median sale price in January for single family homes is $187,738. The sale prices dropped by -19.88% from the previous month.

The price per square foot for sales in this area is $180.

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77554 (Galveston, TX) Market Inventory Trends

The number of active listings in Galveston dropped by 3.3% from the previous month.

The median number of days active properties have been listed is 265. This is much longer than the national average.

The number of sales in January dropped by 90% from the previous month.

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77554 (Galveston, TX) Property Ownership

Galveston has a high % of unoccupied properties. It is 38.31% more than the national average. This can drive sales prices down.

The percent of owner occupied properties in Galveston is 33.57% below the national average.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.