Market Overview
Home Prices in Galveston, TX
The median home value in Galveston, TX is $322,876 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 6.5% compared to a year ago and down 6.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Galveston are priced21% below average. Galveston is part of the Houston-The Woodlands-Sugar Land, TX metro area.
Over the past five years, Galveston home values have risen by approximately6.9%, reflecting steady appreciation in this market.
Price History
Galveston Home Price Trend
City Comparison
Galveston vs. National Median
At $322,876, homes in Galveston cost 21% below the national median of $410,000. This makes Galveston a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Galveston?
20% Down Payment
$64,575
on $322,876
Monthly P&I
$1,684/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,139/mo
incl. taxes & insurance
Income Needed
$85,560
gross annual (30% rule)
10% Down Option
$32,288
+ PMI applies
Loan Amount (20% dn)
$258,301
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Galveston, TX?
The median home value in Galveston is $322,876 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 6.5% year-over-year.
How much have home prices changed in Galveston?
Over the past year, home values in Galveston have decreased by 6.5%. Over five years, prices have risen approximately 6.9%.
How much do I need to earn to buy a home in Galveston?
To comfortably afford the median home price of $322,876 with a 20% down payment ($64,575) at today's rates (6.8%), you'd need a gross annual income of approximately $85,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Galveston compare to the national average home price?
The national median home value is approximately $410,000. At $322,876, homes in Galveston are 21% below the national average.
What metro area is Galveston part of?
Galveston is part of the Houston-The Woodlands-Sugar Land, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.