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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
Buyer's Market
February 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 February 2026. Source: Realtor.com.

The GALVESTON, TX real estate market (77551) currently shows 289 active listings, with 23 pending sales. Homes are averaging 89 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 89 days on market compared to 87 days last year.

The median listing price has risen 1% year-over-year, from $269,750 to $272,500.

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
289
⇧ 2.5% vs 282 last year
Pending
23
8% pending ratio
Median Price
$272,500
⇧ 1% vs $269,750 last year
Average Price
$302,340
⇧ 3.7% vs $291,648 last year
Days on Market
89
⇧ 2.3% vs 87 days last year

Price Per Square Foot

Median $/sqft
$271
⇩ 7.2% vs $292/sqft last year
Median Home Size
1,004 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 289 this year vs 282 last year
  • Days on market: 89 now vs 87 last year

Median & Average Pricing

Year over Year
  • Median: $272,500 (+1% YoY)
  • Average: $302,340 (+3.7% 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 — 1,975 listings ($1,056,902,810 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
77551Galveston, TX 775510.0 mi261$80,308,134$275,000$307,694
77554Galveston, TX 775546.4 mi599$479,617,503$625,000$800,697
77568La Marque, TX 7756811.0 mi264$81,634,344$304,200$309,221
77591Texas City, TX 7759113.0 mi109$28,429,489$264,900$260,821
77510Santa Fe, TX 7751016.1 mi100$38,791,100$361,900$387,911
77518Bacliff, TX 7751818.1 mi43$17,582,829$235,000$408,903
77565Kemah, TX 7756521.5 mi74$56,014,300$450,500$756,950
77586Seabrook, TX 7758624.1 mi172$92,423,684$382,400$537,347
77617Gilchrist, TX 7761725.3 mi52$32,670,352$570,000$628,276
77598Webster, TX 7759825.5 mi56$15,055,320$258,389$268,845
77546Friendswood, TX 7754627.0 mi177$103,277,907$419,950$583,491
77534Danbury, TX 7753428.6 mi14$5,754,784$260,000$411,056
77514Anahuac, TX 7751431.1 mi54$25,343,064$349,500$469,316

Frequently Asked Questions

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

As of February 2026, there are 289 active listings in GALVESTON, TX (zip code 77551), compared to 282 the prior year.

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

The median listing price in GALVESTON, TX 77551 is $272,500 as of February 2026, a 1% increase from $269,750 the prior year.

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

Homes in GALVESTON, TX 77551 spend an average of 89 days on the market before going under contract, compared to 87 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 February 2026, GALVESTON, TX 77551 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 89 days on market compared to 87 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 $5,450 compared to a typical 5% commission on the median listing price of $272,500. 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.