Garland, TX

Buyer's market-7.7% YoY

Housing market overview · Updated weekly

$300,000median sale price

Homes sold

77

Last 12 weeks

Days on market

58

Average pace

Active listings

520

6.8 months supply

Sale-to-list

95.8%

Below asking

The Garland housing market is currently classified as a buyer's market with a median sale price of $300,000. Prices have fallen 7.7% compared to last year, with homes spending an average of 58 days on market, indicating 6.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

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Frequently asked questions

What is the average home price in Garland?

The median home sale price in Garland is $300,000, down 7.7% from last year.

How long do homes stay on market in Garland?

Homes typically spend 58 days on market before going under contract.

Is Garland a buyer's or seller's market?

With 6.8 months of supply, Garland is currently a buyer's market.

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