Home

Galveston, TX Real Estate


According to census data in the year 2000 there were 29,957 housing units in Galveston. This represents a 3% decline from 30,898 in 1990.

Of those housing units, 26,837 were located in either urbanized areas or urban clusters, and 3,120 were located in what is classified as a rural area.

Homeownership rate in Galveston is about 43.6%. Galveston's vacancy rate, including seasonal lodging, is about 20.5%. Average household size is 2.3 people.

The majority of houses, apartments or condos in Galveston were built after 1960.

Statistics

Housing Size

Housing Units by Size
Studio Type3.50%
One Bedroom27.30%
Two Bedrooms37.50%
Three Bedrooms22.80%
Four Bedrooms7.20%
Five Bedrooms or more1.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1954
Median Value of occupied units$73,800
Median Price asked for vacant units$79,000

Rented Homes, Apartments and Condos

Average Household Size2.14
Median year structure was built1964
Median Monthly Rent asked for vacant units$516

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage1.40%
Home Equity Loan2.70%
Simple Mortgage45.10%
Debt Free50.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.6%