Is Gilchrist, TX 77617 a buyer’s or seller’s market?
Gilchrist is a buyer’s market. With about 13.1 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Gilchrist housing market right now
In the three months ending August 31, 2026, 0% of homes in Gilchrist, TX 77617 sold above their list price, the typical home went under contract in 77 days and there were 13.1 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 11 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (216 days then) and the median sale price rose 9% to $584,747. Overall, Gilchrist is more competitive than a year ago, so tougher for buyers.
Within Galveston County, homes here sell more slowly than in 56% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Bacliff 77518 (20% sold over asking) and Santa Fe 77517 (18% sold over asking) are even more competitive.
Run the numbers for 77617
Nearby markets
Bacliff 77518Buyer’s market $143 /sq ftDickinson 77539Balanced $161 /sq ftFriendswood 77546Seller’s market $184 /sq ftGalveston 77550Buyer’s market $222 /sq ft Browse all markets →Where Gilchrist is
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Questions about Gilchrist real estate
Is Gilchrist a buyer’s or seller’s market?
A buyer’s market: there were 13.1 months of supply in Gilchrist, TX 77617 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Gilchrist?
The typical home went under contract in 77 days in the latest three months.
Do homes in Gilchrist sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 90.6% of the list price.
What are property taxes in Gilchrist?
About 1.41% of a home’s value a year in Galveston County, or roughly $5,640 on a $400,000 home.
What is the median home price in Gilchrist?
The median sale price was $584,747 in the three months ending August 31, 2026, about $313 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology