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South Galveston News

Thursday, January 9, 2025

Galveston County home prices fell in the second half of 2022

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The median sale price of a home sold in the second half of 2022 in Galveston County fell by $14,792 while total sales decreased by 38.3%.

From July through December of 2022, there were 3,113 homes sold, with a median sale price of $155,279 - an 8.7% decrease from the $170,071 median sale price for the same period of the previous year. There were 5,043 homes sold in Galveston County in the second half of 2021.

The median sales tax in Galveston County for the most recent year with available data, 2018, was $3,478 approximately 2.2% of the median home sale price for the second half of 2022.

The following histogram displays changes in median sales prices in Galveston County from July 2021 to December 2022.

July - Dec. 2021Jan. - June 2022July - Dec. 2022$170071$170071$160890$160890$155279$155279

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