The story of this market
The typical home in ZIP 77550 sells for about $284,583, or $303 per square foot.
Homes take about 84 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,845 a month.
ZIP 77550 — Galveston
The 77550 housing market shows a median listing price of $375,000 with a significant inventory of active listings. Market conditions are influenced by the island's unique geography and tourism-heavy economy, with many figures like sales counts and specific tax rates not currently published at the ZIP level.
This ZIP is well-suited for investors, vacation-home buyers, and those working in the local tourism, maritime, or medical sectors who value island living.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 84 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
ZCTA 77550, Galveston County TX
Crime rates in the 77550 area are higher than the national average, with property crime being the most frequently reported issue. The area experiences higher crime density compared to more suburban parts of Galveston County.
Schools serving the 77550 ZIP code are part of the Galveston Independent School District, which maintains a mix of magnet and traditional campuses with varying performance ratings.
The area is subject to coastal flood risks and wind exposure typical of the Galveston Island region, necessitating specific insurance considerations.
Development is driven by tourism, the maritime industry, and the presence of local universities and medical facilities.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
The ZIP is located on Galveston Island, with primary transit via I-45 connecting to the mainland and the broader Houston metropolitan area.
The area features extensive access to Gulf Coast beaches, historic districts, museums, and local parks within the city of Galveston.
The rental market is characterized by a high share of renter-occupied households and significant seasonal or short-term rental activity due to the island's tourism economy.
The economy is anchored by tourism, the Port of Galveston, and major medical and educational institutions.
Primary access is via the I-45 corridor, which serves as the main artery connecting the island to the mainland.
Development activity is focused on urban infill and the maintenance of historic infrastructure.
The Galveston Central Appraisal District manages property assessments for the county.
Parcels are subject to various special districts including school, hospital, and utility districts.
Property insurance in this coastal ZIP is influenced by high hazard exposure to hurricanes and flooding, often requiring specialized coverage.
Data retrieved from Census Reporter profile for ZCTA 77550.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Moody Gardens Attractions Theme Park4.54.2 mi
- Galveston Island Historic Pleasure Pier4.41.3 mi
- Schlitterbahn Waterpark Galveston4.14.3 mi
- Aquarium At Moody Gardens4.64.2 mi
- Bay Area Raceway4.519.6 mi
- Galveston Island Convention Center at The San Luis Resort4.63.1 mi
- Stingaree Restaurant & Marina4.516.6 mi
- Golden Corral Buffet & Grill4.23.5 mi
- Gilhooley's Restaurant and Oyster Bar4.515.1 mi
- Leeland House Galveston4.50.4 mi
- Moody Gardens Attractions Theme Park4.54.2 mi
- Galveston Island Historic Pleasure Pier4.41.3 mi
- Galveston Island State Park4.612.6 mi
- Galveston Seawall4.71 mi
- Galveston Railroad Museum4.50.4 mi
- Galveston Seawall4.71 mi
- Galveston Railroad Museum4.50.4 mi
- Bishop’s Palace4.60.7 mi
- Galveston Naval Museum4.72.1 mi
- Moody Mansion.4.70.5 mi
- Moody Gardens Attractions Theme Park4.54.2 mi
- Galveston Island State Park4.612.6 mi
- Texas City Dike4.68.1 mi
- Seawolf Park4.42.2 mi
- Galveston Naval Museum4.72.1 mi
- Stingaree Restaurant & Marina4.516.6 mi
- The West End Marina and Restaurants4.218.9 mi
- Waterman's Restaurant4.311.6 mi
- Pier 214.50.2 mi
- Galveston Yacht Marina4.41.4 mi
- Shrimp N Stuff4.41.5 mi
- Katie's Seafood Market4.60.3 mi
- Ross Dress for Less4.33.3 mi
- Randalls4.33.4 mi
- Boyd's One Stop48.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Features significant Victorian-era architecture and cultural heritage.
Provides direct access to public beach areas and coastal recreation.
Key-figure check: median price diverges 31.8% from the nearest retained anchor (published ten-year series (2025)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $375,000 (31.8% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $375,000 (+31.8% vs the published ten-year series (2025)) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.