The story of this market
The typical home in ZIP 77563 sells for about $298,000, or $208 per square foot.
Prices are up +2.8% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,370 a month.
ZIP 77563 — Hitchcock
The 77563 housing market is currently experiencing moderate growth with a median sale price of $298,000, reflecting a 2.8% year-over-year increase. Market conditions are characterized as a buyer's market, with inventory levels and days on market suggesting a balanced pace of activity.
This ZIP is well-suited for families and individuals seeking a coastal, suburban lifestyle with access to the Galveston Bay area, offering a more affordable price point than larger urban centers.
Median prices moved up 2.8% year over year.
Homes spend a median of 68 days on market with 0.0 months of supply — a balanced-paced 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) · unemployment 9.6% · poverty 14.9% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 77563, Galveston County TX
The area is located in a coastal region of southeast Texas, necessitating awareness of flood and wind-related insurance requirements.
The area is primarily residential with proximity to the industrial and maritime economic hubs of Galveston County.
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).
Residents primarily commute via Highway 6 toward employment centers in Hitchcock, La Marque, and the broader Galveston-Texas City metropolitan area.
The area features access to coastal waterways, fishing, and boating opportunities, with local parks and proximity to Galveston Bay amenities.
The rental market is characterized by a mix of single-family homes and apartments, with a renter share of approximately 27%.
The local economy is supported by the broader Galveston County industrial base, including maritime, petrochemical, and tourism sectors.
The area is served by major highway corridors including Highway 6, facilitating regional access.
Development activity is primarily focused on residential infill and coastal property maintenance.
The Galveston Central Appraisal District manages property assessments for all jurisdictions within the county.
Parcels in this area are subject to various special districts, including school, county, and potentially municipal utility districts.
Property insurance in this coastal ZIP code is influenced by windstorm and flood risk profiles, often requiring specialized coverage.
Data sourced from Census and ZIP-level aggregators.
Provides extensive opportunities for boating, fishing, and coastal recreation.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.