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Galveston Real Estate - Market Trends
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Galveston Real Estate - Market Trends
According to trusted third-party reports from Zillow and Redfin, Galveston’s housing market is sending mixed signals in late 2025.
Here, you can explore current Galveston real estate market trends. Home values, sales prices, rentals inventory updates based on data from leading real estate analysis.
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Home Values & Pricing
Zillow places the typical home value (ZHVI) at $332,017, reflecting a 7.8% year-over-year decline, suggesting overall market softening.
Redfin, however, reports a median sale price of $365,000, up 14.2% year-over-year, indicating that closed sales are skewing higher even as broader values trend lower.
Median list prices sit at $431,000 (Zillow), while homes are closing at roughly 93.6% of list price (Redfin), reinforcing the notion that buyers hold the negotiating power.
Market Activity & Competitiveness
Homes are taking longer to sell: 120 days to pending (Zillow) and 114 median days on market (Redfin), nearly double last year’s pace.
Inventory is elevated, with 1,386 homes for sale (Zillow) and 144 new listings in August.
Redfin ranks Galveston as less competitive, with most homes selling below asking and only 1.9% of sales closing above list price.
Rental Market
Zillow’s rental index (ZORI) shows average rents at $1,410, modestly up 0.6% month-over-month and 2.2% year-over-year—steady growth despite softness in sales.
Neighborhood Variability
Values vary widely by neighborhood. This is typical of Galveston because of the versatility of housing types on the island. There are high-value enclaves such as Evia ($629K) and Bermuda Beach ($598K) as well as less expensive areas like Central City ($131K) and Lasker Park ($255K). Galveston Island neighborhoods offer something for every budget from invest to economy to luxury.
Moving Trends
Redfin notes that 40% of buyers are looking from nearby regional areas, with additional inbound interest strongest from St. Louis, Washington, and Dallas. Galveston always has a strong mix of new residents from other areas and locals. Living in Galveston offers a unique way of life for many different styles and environments.
Galveston Real Estate Is Active
The Fall 2025 Galveston housing market shows a paradox:
* Home values (Zillow) are dropping slightly.
* Closed sales prices (Redfin) are climbing.
* Inventory is high, selling times are long, and competition is low. This creates opportunity for buyers.
At the same time, steady rental growth and continued inbound migration underline Galveston’s appeal as both a place to live and an investment market.
A key takeaway from current market trends is the Galveston Real Estate market is active, despite the changes in the market locally and nationwide.
The current market trend in Galveston shows a paradox: home values have slipped overall slightly according to Zillow, yet recent closed sales are climbing in price Redfin. With ample inventory, longer than usual selling times, and fewer competitive bids, buyers currently have leverage.
This is especially true in less competitive neighborhoods with greater inventory. At the same time, steady rental growth and incoming residents highlight Galveston’s ongoing appeal as both a residential and investment market. All the while, luxury developments continue to appear on the horizon.
Related Insights on Galveston Real Estate Market Trends
Looking for deeper insights into Galveston real estate market trends? Explore our detailed Buyer’s Guide and Seller’s Guide. These resources help buyers, sellers, and investors understand the factors shaping today’s market.
Galveston offers unique neighborhoods for every lifestyle. Whether you’re searching for a family-friendly community, a vacation beach house, a short-term rental investment, or a quiet historic street lined with Victorian homes, each area of the island has its own character, benefits, and considerations.
Ready to explore further? Visit our Galveston Real Estate page for comprehensive insights, local details and tips to help you find exactly what you are looking for.
Working with Your Local REALTOR®
Galveston’s mix of historic preservation districts and coastal developments requires a REALTOR® who knows more than just the numbers. Local expertise matters for navigating insurance for coastal properties, HOA/POA rules, renovation approvals, permits for zoning and coastal building rules, or even short-term rental zoning. Choosing a Galveston Realtor with island-specific knowledge ensures smoother transactions and better outcomes!
Susanna Mayberry, REALTOR® – Contact Me
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