Market Intelligence · TX / Galveston

Galveston, TX 77551 Housing Market

Typical home values in 77551 have declined 2.9% over the past year, currently sitting at $243,687. The median list price stands at $264,250, with homes taking a median of 91 days to sell as of September 2026.

Updated September 2026Median value$244K

The median home value in Galveston, TX 77551 is $244K as of September 2026, down 2.9% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 77551 range

$224K to $263K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-2.9% over 12 months

Sep 2025$251K

Low $244KHigh $251K

Sep 2026$244K

The numbers

What is the 77551 housing market like?

As of September 2026

Typical home value

$244K

2.9%YoY

Median list price

$264K

3.3%MoM

Days on market

3.2%MoM

Homes for sale

287

1.8%MoM

Price cuts

17.8%

6.6%MoM

New listings

11.1%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

77551 housing market forecast 2027

+0.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 77551 to stay roughly flat by September 2027 (up 0.2%).

Over the 12 months through September 2026, typical home values in 77551 fell 2.9%, per the Zillow Home Value Index.

Will home prices drop in 77551?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 77551 to stay roughly flat by September 2027 (up 0.2%), after a 2.9% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 77551 home prices compare?

77551$243,687
Galveston$280,822
Texas$258,447
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Galveston: 3 ZIPs; Texas: 1,512 ZIPs; United States: 26,262 ZIPs).

Context

The Galveston market shows signs of softness across several metrics. With 287 homes for sale and only 40 new listings added in September 2026, inventory remains modest but not scarce. The median time on market of 91 days suggests buyers are taking longer to commit, and 17.8% of listings have already seen price cuts. For sellers, this environment rewards realistic pricing and a willingness to make a move soon rather than waiting for conditions to improve.

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Down payment20% · $48,737

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Common questions

What people ask us.

What is the typical home value in 77551?

The typical home value in 77551 is $243,687, down 2.9% over the past year as of September 2026.

How long do homes typically stay on the market in 77551?

Homes in this ZIP have a median days on market of 91 as of September 2026.

What share of listings have had a price cut?

As of September 2026, 17.8% of listings in 77551 have seen a price cut.

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