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South Galveston News

Wednesday, November 6, 2024

Galveston County home prices fell in 2022

Realestate4

The median sale price of a home sold in 2022 in Galveston County fell by $11,911 while total sales decreased by 19.2%.

From January through December of 2022, there were 7,848 homes sold, with a median sale price of $158,369 - a 7% decrease from the $170,280 median sale price for the same period of the previous year. There were 9,711 homes sold in Galveston County in 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 2022.

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

20212022$170280$170280$158369$158369

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