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Galveston Island Real Estate

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Affordable Real Estate Welcomes New Islanders

Galveston ’s historic neighborhoods provide homeowners many unique opportunities. With hundreds of historic structures on the National Register of Historic Places, and thousands of historic houses, Galveston is one of the country’s most important concentrations of late 19th- and early 20th-century architecture. From stately mansions to quaint cottages to the conversions of downtown buildings to residential lofts, Galveston ’s older neighborhoods offer a wide range of housing options to fit any budget.

Island Education

Galvestonians place high regard on education as the means of improving their city and its residents.

The city has a strong public school system and eight private schools. Each year, high school graduates of Ball High School and O’Connell High School, a private Catholic school are accepted by the top colleges and universities in the state. Some graduates continue their education on Galveston Island at one of three institutions of higher learning – Galveston College, The University of Texas Medical Branch or Texas A&M University at Galveston.

Galveston Historical Foundation’s preservation programs are actively involved in preserving the city’s historic buildings, especially stabilizing older neighborhoods and fostering appreciation for Galveston's architectural heritage. A variety of innovative programs are available through the preservation programs, including Paint Partnership for low- and moderate-income owners, and a salvage warehouse for the resale of historic materials.

For those home buyers more attracted to water than Victorian architecture, choose from a modern home on Offatt’s Bayou in town, or a raised house or high-rise living overlooking the beach or the bay on the Island’s west and east ends.  From new single family residences on the beach to condos in restored historic buildings, many new projects have begun and many are on the horizon for housing on Galveston Island

The Island also offers more traditional housing – ranch-style homes built from the 1950s to 1980s – in neighborhoods throughout much of the Island .

Galveston Island realtors have reported record-setting sales for the past few years. From January 1, 2007 through January 12, 2008, 662 residential homes were sold on Galveston Island through MLS. The average sale price for a home was $262,758 and the median price was $194,750 (condominium average was $160,476). A three-bedroom, two-bath home with a garage and 1,600 to 1,800 square feet of living space sells for an average price of $137,516 if located from east Galveston to the west end of the seawall, and $274,817 if located west of the end of the seawall.

Renters also will find a variety of housing styles from which to choose. Because rental property is in high demand, plan on allowing at least a month to find the place just right for you. Houses are available for rent, as well as a large number of attractive loft apartments that have been created on the second and third stories of Victorian buildings downtown. Many apartment complexes, both large and small, round out the Island ’s rental market.

Galveston At a Glance

Population Galveston Galveston County
1970

61,809

165,669
1980 61,902 195,940
1990 59,070 217,499
2000 57,247 250,158

The median cost of a 900-square-foot apartment is about $725 per month.

Island real estate agents or an apartment locator service will be glad to assist you in finding a home, apartment or condominium that fits your needs, budget and lifestyle.

Throughout the Island , neighborhoods are tight-knit and friendly. For example, neighborhood groups are active in litter cleanup and crime watch programs. Successful neighborhood watch programs bring neighbors together and help them protect themselves against potential problems such as thefts and burglaries. Crime, a concern of everyone in the U.S. today, is no different in Galveston than any other community its size, police say. The Galveston Police Department, which has an authorized strength of 170 officers, has an active crime prevention department providing free home safety inspections and personal safety guidelines. The Galveston community has worked together to address the trend of youth crime with intensive programs that offer innovative support and mentoring through the Island youth programs.

 

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