Market Intelligence · TX / Garland

Garland, TX 75040 Housing Market

The typical home value in Garland's 75040 ZIP is $270,233, down 3.6% over the past year. The median list price stands at $305,000, with homes taking a median 57 days on market as of September 2026.

Updated September 2026Median value$270K

The median home value in Garland, TX 75040 is $270K as of September 2026, down 3.6% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 75040 range

$249K to $292K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-3.6% over 12 months

Sep 2025$280K

Low $270KHigh $280K

Sep 2026$270K

The numbers

What is the 75040 housing market like?

As of September 2026

Typical home value

$270K

3.6%YoY

Median list price

$305K

4.7%MoM

Days on market

11.8%MoM

Homes for sale

141

0.0%MoM

Price cuts

27.3%

13.1%MoM

New listings

8.3%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

75040 housing market forecast 2027

-1.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 75040 to fall 1.3% by September 2027.

Over the 12 months through September 2026, typical home values in 75040 fell 3.6%, per the Zillow Home Value Index.

Will home prices drop in 75040?

Zillow's forecast says they may: it expects typical home values in 75040 to fall 1.3% by September 2027, after a 3.6% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 75040 home prices compare?

75040$270,233
Garland$270,233
Texas$258,447
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Garland: 5 ZIPs; Texas: 1,512 ZIPs; United States: 26,262 ZIPs).

Context

The market is showing signs of cooling. There are 141 homes for sale, with 52 new listings added in September 2026 alone. Nearly one in four listings, at 27.3%, have seen price reductions. Homes are staying on the market longer, and values have declined year over year. If you're considering selling, expect that buyers have options and leverage.

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Down payment20% · $54,047

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Common questions

What people ask us.

What is the typical home value in 75040?

The typical home value is $270,233 as of September 2026, down 3.6% from the previous year.

How long do homes typically stay on the market here?

The median time on market is 57 days as of September 2026.

What percentage of homes have had price cuts?

As of September 2026, 27.3% of listings in the area have had price reductions.

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Nearby ZIP markets.

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