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 Type | 3.50% |
| One Bedroom | 27.30% |
| Two Bedrooms | 37.50% |
| Three Bedrooms | 22.80% |
| Four Bedrooms | 7.20% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.51 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $73,800 |
| Median Price asked for vacant units | $79,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.14 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $516 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.40% |
| Home Equity Loan | 2.70% |
| Simple Mortgage | 45.10% |
| Debt Free | 50.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.6% |
