Galena Park, TX—77547
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Galena Park, TX
As of Oct '25, the median home price in Galena Park, TX is $151,000, with a year-over-year change of -11.0%. This indicates that home prices in Galena Park, TX are decreasing. According to Zillow, the 1-year price projection is -2.3%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $151,000 | -11.0% |
| Single Family | $151,000 | -11.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $132,000 | -13.2% |
3 Bed | $158,000 | -11.7% |
4 Bed | $187,000 | -8.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Galena Park, TX
As of July '25, Rentcast reports the average rent in Galena Park, TX is $1,340, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Galena Park, TX is 1-bedrooms: $886, 2-bedrooms: $1,120, 3-bedrooms: $1,570, 4-bedrooms: $1,900. The most common rental property sizes in Galena Park, TX are 2-bedroom and 1-bedroom, accounting for 44.9% and 28.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,340 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $825 | $886 |
| 2 Bed Rent | $995 | $1,120 |
| 3 Bed Rent | $1,650 | $1,570 |
| 4 Bed Rent | $1,750 | $1,900 |
% of Rental Stock
Property Listings — Galena Park, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Galena Park, TX is 66. This is a increase of 29.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $208,000 | 3.0% |
Listing Count | 27 | -8.0% |
| Listings as % of Homes | 0.5% | -8.0% |
Days on Market | 66 | 29.0% |
Demographics — Galena Park, TX
As of the latest ACS Survey released in 2023, Galena Park, TX has a population of 9,380, which has decreased by -6.5% over the past 5 years. Galena Park, TX is a popular place for families, as children make up 32.5% of the population. The area has a poorly educated workforce, with 8.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,380 | -6.5% |
% Under 18 | 32.5% | 7.3% |
% Seniors | 9.9% | 19.3% |
% WFH | 5.9% | 145.8% |
% w/ College Degree | 8.5% | 4.9% |
As of the latest ACS Survey released in 2023, Galena Park, TX is a predominantly hispanic area, with 90.4% of the population identifying as hispanic. The hispanic population has grown by 14.0% in the last 5 years. The second most common race or ethnicity in Galena Park, TX is black, making up 5.2% of the population. Foreign-born residents account for 32.0% of the population in Galena Park, TX, and this percentage has decreased by 3.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 3.9% | -62.9% |
% Black | 5.2% | -47.5% |
% Hispanic | 90.4% | 14.0% |
% Asian | 2.4% | ∞% |
% Foreign Born | 32.0% | -3.9% |
Mortgage and Risk — Galena Park, TX
According to HUD data as of 2023, there were 54 mortgage originations in Galena Park, TX, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Galena Park, TX. Investor activity is low, as 2.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 54 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Galena Park, TX
As of 2024, the percent of homes in Galena Park, TX under the Section 8 program is 0.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Galena Park, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 0.6% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $295 | $825 | $1,120 |
| 2 Bedroom | $345 | $995 | $1,340 |
| 3 Bedroom | $140 | $1,650 | $1,790 |
| 4 Bedroom | $500 | $1,750 | $2,250 |
Affordability — Galena Park, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $151,000 |
| Median Household Income | $53,900 |