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GARLAND, TX 75040

Real Estate Market Report  ·  Dallas County
Seller's Market
September 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 September 2026. Source: Realtor.com.

The GARLAND, TX real estate market (75040) currently shows 187 active listings, with 45 pending sales. Homes are averaging 57 days on the market before going under contract.

Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 57 days on market compared to 62 days last year.

The median listing price has fallen 1.5% year-over-year, from $309,675 to $305,000.

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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
187
⇩ 5.6% vs 198 last year
Pending
45
24% pending ratio
Median Price
$305,000
⇩ 1.5% vs $309,675 last year
Average Price
$316,606
⇩ 1.8% vs $322,387 last year
Days on Market
57
⇩ 8.1% vs 62 days last year

Price Per Square Foot

Median $/sqft
$185
⇩ 3.6% vs $192/sqft last year
Median Home Size
1,676 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 187 this year vs 198 last year
  • Days on market: 57 now vs 62 last year

Median & Average Pricing

Year over Year
  • Median: $305,000 (-1.5% YoY)
  • Average: $316,606 (-1.8% 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 September 2026, there are 187 active listings in GARLAND, TX (zip code 75040), compared to 198 the prior year.

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

The median listing price in GARLAND, TX 75040 is $305,000 as of September 2026, a 1.5% decrease from $309,675 the prior year.

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

Homes in GARLAND, TX 75040 spend an average of 57 days on the market before going under contract, compared to 62 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 September 2026, GARLAND, TX 75040 is currently a Seller's Market. Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 57 days on market compared to 62 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 $6,100 compared to a typical 5% commission on the median listing price of $305,000. 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.