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South Galveston News

Thursday, November 21, 2024

How did home valuation prices perform in Galveston County in August 2023, compared to August 2022?

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In August 2023, the median sale price of a home in Galveston County fell by $315 from the same period in the previous year, while total sales decreased by 75.3%, according to BlockShopper.com.

Data shows that there were 177 homes sold in August 2023, with a median sale price of $155,000 - a 0.2% decrease from the $155,315 median sale price for the same period of the previous year. There were 718 homes sold in Galveston County in August 2022.

For context, the median sales tax in Galveston County, based on the latest available data from 2018, was $3,478, which stands at 2.2% of August 2023's median home sale price.

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

August 2022September 2022October 2022November 2022December 2022January 2023February 2023March 2023April 2023May 2023June 2023July 2023August 2023$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$158,650$158,650$161,530$161,530$166,210$166,210$165,561$165,561$163,120$163,120$155,000$155,000

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