Is Santa Fe, TX 77517 a buyer’s or seller’s market?

The Santa Fe housing market right now

In the three months ending August 31, 2026, 18% of homes in Santa Fe, TX 77517 sold above their list price, the typical home went under contract in 15 days and there were 5.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 17 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 12%, homes sold faster (59 days then) and the median sale price fell 6% to $369,840. Overall, Santa Fe is more competitive than a year ago, so tougher for buyers.

Within Galveston County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 94%. On our competition score, Santa Fe ranks #148 of 868 TX ZIP codes with enough sales (score 39 out of 100).

Nearby, buyers who want less competition could look at High Island 77623 (0% sold over asking) or Gilchrist 77617 (0% sold over asking), while Bacliff 77518 (20% sold over asking) is even more competitive.