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South Galveston News

Friday, January 10, 2025

Galveston County home prices fall in February 2023 compared to February 2022

Realestate3

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Adobe Stock

In February 2023, the median sale price of a home in Galveston County fell by $13,895 from the same period in the previous year, while total sales decreased by 85.6%, according to BlockShopper.com.

Data shows that there were 105 homes sold in February 2023, with a median sale price of $144,470 - an 8.8% decrease from the $158,365 median sale price for the same period of the previous year. There were 730 homes sold in Galveston County in February 2022.

For context, the median sales tax in Galveston County, based on the latest available data from 2018, was $3,478, which stands at 2.4% of February 2023's median home sale price.

The following histogram displays changes in median sales prices in Galveston County from February 2022 to February 2023.

February 2022March 2022April 2022May 2022June 2022July 2022August 2022September 2022October 2022November 2022December 2022January 2023February 2023$158,365$158,365$158,450$158,450$160,193$160,193$160,295$160,295$167,801$167,801$157,080$157,080$155,315$155,315$158,880$158,880$152,261$152,261$144,990$144,990$185,210$185,210$163,240$163,240$144,470$144,470

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