ZIP Code 77551 — Galveston, TX Home Prices (2026)
The typical home in ZIP 77551 (Galveston, Texas) is worth about $245,000 at roughly $275 per square foot — 15% more affordable than the Galveston median and 17% more affordable than the typical U.S. home.
How 77551 compares
ZIP 77551 is one of the more affordable ZIP codes in Galveston: its typical home value of $245,000 ranks #3 of the 3 Galveston ZIP codes we track (the citywide range runs from $245,000 in 77551 to $526,000 in 77554). Per square foot it costs about $275, against $275 for Galveston as a whole, $173 for Texas, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 77551 | $245,000 | $275 |
| Galveston, TX | $288,000 | $275 |
| Texas | $264,000 | $173 |
| United States | $294,000 | $195 |
Home value by size in 77551
Using this ZIP’s rate of about $275 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $275,000 |
| 1,500 sq ft | $412,500 |
| 2,000 sq ft | $550,000 |
| 2,500 sq ft | $687,500 |
| 3,000 sq ft | $825,000 |
Salary needed to buy a home in ZIP 77551
To buy the typical $245,000 home in ZIP 77551 with 20% down, you need a household income of roughly $67,000 a year (about $1,560 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $79,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $12,300 | $1,930/mo | $83,000/yr |
| 10% (+PMI) | $24,500 | $1,850/mo | $79,000/yr |
| 20% | $49,000 | $1,560/mo | $67,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 77551
At about $275 per square foot, here is roughly how much home different budgets get you in ZIP 77551:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 550 sq ft | below the local median — condos, smaller or older homes |
| $200k | 730 sq ft | around the typical home here |
| $250k | 910 sq ft | around the typical home here |
| $300k | 1090 sq ft | around the typical home here |
| $400k | 1450 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 77551 home.
Estimate a specific home in 77551
The estimator below is pre-set to ZIP 77551 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Galveston ZIP codes by home value
Where 77551 sits among Galveston’s 3 ZIP codes:
ZIP 77551 home prices: frequently asked
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See the full Galveston home values page, all Texas cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.