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GARLAND, TX 75040

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 75040

Buckingham North · Chandler Heights · Downtown Garland · East Garland · North Garland · Northeast Garland · Valley Creek · West Garland

Market Analysis

Data as of March 2026. Source: Realtor.com.

The GARLAND, TX real estate market (75040) currently shows 168 active listings, with 50 pending sales. Homes are averaging 48 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 48 days on market compared to 47 days last year.

The median listing price has fallen 7.7% year-over-year, from $323,395 to $298,500.

Whether you are buying or selling in GARLAND, TX, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 63,143  ·  Density: 1,553.1/mi²  ·  Median household income: $70,592

Typical home value: $221,536  ·  Homeownership: 68.7%

Market Overview

Active Listings
168
⇩ 1.2% vs 170 last year
Pending
50
30% pending ratio
Median Price
$298,500
⇩ 7.7% vs $323,395 last year
Average Price
$314,121
⇩ 8.5% vs $343,445 last year
Days on Market
48
⇧ 2.1% vs 47 days last year

Price Per Square Foot

Median $/sqft
$190
⇩ 2.1% vs $194/sqft last year
Median Home Size
1,567 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 168 this year vs 170 last year
  • Days on market: 48 now vs 47 last year

Median & Average Pricing

Year over Year
  • Median: $298,500 (-7.7% YoY)
  • Average: $314,121 (-8.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.2 miles — 1,614 listings ($927,146,165 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
75040Garland, TX 750400.0 mi141$43,264,863$298,725$306,843
75042Garland, TX 750423.3 mi67$21,203,423$299,950$316,469
75041Garland, TX 750413.7 mi78$27,089,166$315,975$347,297
75082Richardson, TX 750825.1 mi51$31,265,601$600,000$613,051
75081Richardson, TX 750815.4 mi121$51,023,280$432,450$421,680
75238Dallas, TX 752386.1 mi78$66,384,006$695,500$851,077
75243Dallas, TX 752436.8 mi207$57,657,780$147,000$278,540
75080Richardson, TX 750807.7 mi133$73,922,730$408,575$555,810
75150Mesquite, TX 751507.8 mi155$43,625,215$274,500$281,453
75228Dallas, TX 752288.0 mi204$76,911,264$355,000$377,016
75075Plano, TX 750759.5 mi128$64,323,200$505,000$502,525
75240Dallas, TX 752409.8 mi60$55,056,900$805,725$917,615
75230Dallas, TX 7523010.2 mi191$315,418,737$899,000$1,651,407

Frequently Asked Questions

How many homes are for sale in GARLAND, TX 75040?

As of March 2026, there are 168 active listings in GARLAND, TX (zip code 75040), compared to 170 the prior year.

What is the median home price in GARLAND, TX 75040?

The median listing price in GARLAND, TX 75040 is $298,500 as of March 2026, a 7.7% decrease from $323,395 the prior year.

How long do homes stay on the market in GARLAND, TX?

Homes in GARLAND, TX 75040 spend an average of 48 days on the market before going under contract, compared to 47 days the prior year.

Is it a seller's or buyer's market in GARLAND, TX 75040?

Based on current inventory and days-on-market data as of March 2026, GARLAND, TX 75040 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 48 days on market compared to 47 days last year.

How much can I save on real estate commission in GARLAND, TX?

With SELL123.com's maximum 3% commission, sellers in GARLAND, TX 75040 save an estimated $5,970 compared to a typical 5% commission on the median listing price of $298,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.