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Galveston, IN

Full City Profile · Indiana · Howard County County

3.0 /5.0
B Good
1,326 Population 2,286/sq mi density
$56,969 Median Income $33,972 per capita
$121,200 Home Value $194,723 Zillow
$639 Median Rent 13.8% income on rent
50°F Avg Temperature 275 sunny days/yr
285 Violent Crime/100K 3,645 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$56,969 median income, 3.0% unemployment
A+
Affordability
5.0 / 5.0
$121,200 home value, $639/mo rent
F
Safety
1.0 / 5.0
285 violent crimes/100K
C
Education
2.2 / 5.0
15.1% bachelor's degree or higher

Housing Overview

Median Home Value
$121,200
57% below
US avg: $281,900
Median Rent
$639/mo
45% below
US avg: $1,163/mo
Homeownership Rate
66.0%
1% above US avg (65.4%)
Total Housing Units
740
Median year built: 1952

Home Value by Source

Census Median
$121,200
Zillow (ZHVI)
$194,723
Median Sale Price
$120,988
Median List Price
$82,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

66.0%
Owner-Occupied
34.0%
Renter-Occupied
66%
34%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent: $639/mo

Market Indicators (Redfin)

Median Days on Market
103 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
33.3%
of listings with price reduction
Price Per Sq Ft
$113
Active Inventory
6
homes for sale

Affordability & Housing Stock

Rent Burden
13.8%
of renters spending 30%+ of income on housing
55% below US avg (31.0%)
Median Year Built
1952
Average age of housing stock: 74 years
Homeownership Rate
66.0%

Complete Housing Data

Home Values

Census Median Value$121,200
Zillow Home Value (ZHVI)$194,723
Median Sale Price$120,988
Median List Price$82,500
Price Per Sq Ft$113

Rent

Census Median Rent$639
FMR Studio$816
FMR 1-Bedroom$882
FMR 2-Bedroom$1,096
FMR 3-Bedroom$1,391
FMR 4-Bedroom$1,590

Market

Days on Market103
Sale-to-List Ratio1.0%
Price Drops33.3%
Homes Sold2
Active Inventory6
Price Per Sq Ft$113

Ownership & Stock

Owner-Occupied66.0%
Renter-Occupied34.0%
Homeownership Rate66.0%
Total Housing Units740
Median Year Built1952
Rent Burden13.8%