South Galveston News

In January, the median sale price of a home in Galveston County fell by $7,237 from the same period in the previous year, while total sales decreased by 4.7%, according to BlockShopper.com.

There were 102 homes sold in January, with a median sale price of $136,705 — a 5% decrease from the $143,942 median sale price during the same period of the previous year. In comparison, 107 homes were sold in Galveston County in January 2024.

The U.S. housing market has soared in recent years, with its total value nearing $50 trillion in 2024. This is almost five times greater than the market's value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.

The following histogram displays changes in median sales prices in Galveston County from January 2024 to January 2025.