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South Galveston News

Wednesday, May 8, 2024

Galveston County home prices fall in December 2023 compared to December 2022

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In December 2023, the median sale price of a home in Galveston County fell by $33,500 from the same period in the previous year, while total sales increased by 1.9%, according to BlockShopper.com.

Data shows that there were 105 homes sold in December 2023, with a median sale price of $151,710 - an 18.1% decrease from the $185,210 median sale price for the same period of the previous year. There were 103 homes sold in Galveston County in December 2022.

For context, the median sales tax in Galveston County, based on the latest available data from 2018, was $3,478, which stands at 2.3% of December 2023's median home sale price.

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

December 2022January 2023February 2023March 2023April 2023May 2023June 2023July 2023August 2023September 2023October 2023November 2023December 2023$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$168,050$168,050$143,150$143,150$140,950$140,950$151,710$151,710

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