The Downtown Galveston housing market is not very competitive. The median sale price of a home in Downtown Galveston was $349K last month, up 25.8% since last year. The median sale price per square foot in Downtown Galveston is $244, down 26.3% since last year.
What is the housing market like in Downtown Galveston today?
In March 2024, Downtown Galveston home prices were up 25.8% compared to last year, selling for a median price of $349K. On average, homes in Downtown Galveston sell after 105 days on the market compared to 42 days last year. There were 22 homes sold in March this year, up from 12 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$349,000
+25.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Downtown Galveston, TX
$349,000
+25.8%
United States
To compare other locations to the Downtown Galveston and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Galveston add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Downtown Galveston housing market?
Downtown Galveston is not very competitive. Homes sell in 89 days.
0
100
11
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Multiple offers are rare.
The average homes sell for about 6% below list price and go pending in around 89 days.
Hot homes
can sell for about 1% below list price and go pending in around 28 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
95.1%
+2.1 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Downtown Galveston, TX
95.1%
+2.1 pt
United States
Home offer insights for Downtown Galveston
Explore recent offers and recently sold homes in Downtown Galveston
Recent offers
View houses in Downtown Galveston that sold recently
Learn about schools in the Downtown Galveston area
Elementary
Middle
High
GreatSchools Rating
2/10
Central Middle School
Public • 5-8
602
Students
5 reviews
NR
Weis Middle School
Public • 5-6
355
Students
N/A
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Downtown Galveston housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Galveston.
Risk Factor
Flood Factor - Extreme
100% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Galveston has an extreme risk of flooding. 1,154 properties in Downtown Galveston are likely to be
severely affected
by flooding over the next 30 years. This represents 100% of all properties in Downtown Galveston. Flood risk is increasing slower than the national average.
100% of properties are at extreme
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Galveston has an Extreme Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Galveston is most at risk from hurricanes. 1,154 properties in Downtown Galveston have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 189 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 200 mph.
100% of properties are at extreme
risk of heat over the next 30 years
Heat Factor
Downtown Galveston has an extreme risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Downtown Galveston have an Extreme Heat Factor®.
Downtown Galveston is expected to see a 271% increase in the number of days over 107ºF over the next 30 years. Downtown Galveston is expected to experience 6