Market Intelligence · TX / Grand Prairie

Grand Prairie, TX 75054 Housing Market

The typical home in Grand Prairie 75054 is valued at $492,421, down 0.7% over the past year. Median list price stands at $474,000, with homes taking 63 days on market.

Updated August 2026Median value$487K

The median home value in Grand Prairie, TX 75054 is $487K as of August 2026, down 0.3% 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 75054 range

$448K to $526K

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

-0.3% over 12 months

Typical home value in 75054 over the last 12 months: $488K in Aug 2025 to $487K in Aug 2026 (-0.3%).

Aug 2025$488K

Aug 2026$487K

The numbers

What is the 75054 housing market like?

Typical home value

$487K

Down0.3%YoY

Median list price

$474K

Up0.1%MoM

Days on market

63

Up6.8%MoM

Homes for sale

52

Down7.1%MoM

Price cuts

29.3%

Down26.2%MoM

New listings

12

Down25.0%MoM

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

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The comparison

How do 75054 home prices compare?

  • 75054$486,590
  • 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

As of August 2026, Zillow's index pegs the typical 75054 home at $486,590, a 12-month move of -0.3%. On the listing side, Realtor.com counts 52 homes on the market, 12 newly listed, and a median asking price of $474,000 in August 2026. A typical listing takes 63 days to sell, and 29.3% of active homes have seen a price reduction. The read is a cooling market, where pricing to current data decides which homes actually sell.

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