Home ValuePros

Market Intelligence · TX / Grand Prairie

Grand Prairie, TX 75051 Housing Market

Homes in Grand Prairie, TX 75051 have a typical value of $251,304, which has declined 1.2% over the past year. The median list price sits at $301,500, with homes staying on the market for a median of 48 days.

Updated August 2026Median value$251K

The median home value in Grand Prairie, TX 75051 is $251K as of August 2026, down 0.7% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 75051 range

$231K to $271K

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

-0.7% over 12 months

Typical home value in 75051 over the last 12 months: $253K in Aug 2025 to $251K in Aug 2026 (-0.7%).

Aug 2025$253K

Aug 2026$251K

The numbers

What is the 75051 housing market like?

Typical home value

$251K

Down0.7%YoY

Median list price

$302K

Down5.0%MoM

Days on market

48

Up65.5%MoM

Homes for sale

41

Down6.8%MoM

Price cuts

23.8%

Up14.3%MoM

New listings

16

Down27.3%MoM

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

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The comparison

How do 75051 home prices compare?

  • 75051$250,786
  • Grand Prairie$298,334
  • Texas$262,445
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Grand Prairie: 4 ZIPs; Texas: 1,512 ZIPs; United States: 26,265 ZIPs).

Context

Grand Prairie's inventory is lean, with 41 homes for sale and only 16 new listings as of early August. The median list price of $301,500 exceeds the typical home value by a meaningful margin. About 23.8% of listings have seen price reductions. With homes sitting for a median of 48 days and values down year over year, this is a buyer-friendly environment. Sellers should expect a more competitive market than they may have seen recently.

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