Galveston, TX 77551

Flip Market Report

Successfully flipping a house depends on a number of different factors including population growth, increasing housing prices and cheap houses for sale. We are analyzing thousands of data points for Galveston, TX. If these factors exist, there is a good chance that a successful flip is possible.

By looking at recent sales data in Galveston County, we've been able to rank it against its peer counties within Texas. To provide an even fuller picture, we also ranked Texas against all other US states.

Region Rank in # of Flips Rank in Flip Profit
Texas #3rd in US
#49th in US
Galveston County #14th in TX
#60th in TX

Number of Flips: We identify house flips as houses that are bought and sold within 12 months excluding forclosures, REOs and multi-parcel sales.

Flip Profit: The profit is the gross margin calculated by subtracting the original purchase price from the new resale price.

77551 Historical Monthly Listing Prices

Latest Median Sale Price

$ 199,997

0.01% YoY Change
Galveston Historical Monthly Home Sales

Latest Monthly Sales Count

592

List Price /sqft

$158

-0.02% from last quarter

Reduced Listings /Month

20

-0.29% from last quarter

Avg. Days on Market

94

0.07% from last year

Average Home Sqft

$1,331

0.09% from last year

Population Rank

In order to successfully flip houses, you need the population of the area to be trending northward, which appears to be the case with Galveston County. This is a good sign that flipping a house here will be successful.

Region Population Change YoY Rank
Texas 28,701,845 1.34% #2nd in US
Galveston County 337,890 1.07% #17th in TX
77551 17,753 #46th in TX
Home Searches

FlipMarket is the industry standard for providing you the exact data needed to see if flipping a house will be successful. To find properties for sale that may fit your budget and be house flipping candidates, check this list of popular searches.

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