Market Intelligence · TX / Grand Prairie

Grand Prairie, TX 75054 Housing Market

The typical home value in Grand Prairie 75054 is $485,327, unchanged over the past year. Homes are listed at a median price of $459,500 and spend 62 days on the market on average.

Updated September 2026Median value$485K

The median home value in Grand Prairie, TX 75054 is $485K as of September 2026, little changed 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 75054 range

$447K to $524K

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

-0.0% over 12 months

Sep 2025$486K

Low $484KHigh $488K

Sep 2026$485K

The numbers

What is the 75054 housing market like?

As of September 2026

Typical home value

$485K

0.0%YoY

Median list price

$460K

3.1%MoM

Days on market

1.6%MoM

Homes for sale

1.9%MoM

Price cuts

27.8%

5.1%MoM

New listings

33.3%MoM

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

The outlook

75054 housing market forecast 2027

-0.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 75054 to fall 0.7% by September 2027.

Over the 12 months through September 2026, typical home values in 75054 held essentially flat, per the Zillow Home Value Index.

Will home prices drop in 75054?

Zillow's forecast says they may: it expects typical home values in 75054 to fall 0.7% by September 2027, after a flat 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 75054 home prices compare?

75054$485,327
Grand Prairie$295,910
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 (Grand Prairie: 4 ZIPs; Texas: 1,512 ZIPs; United States: 26,262 ZIPs).

Context

Grand Prairie's housing market is showing signs of softness. There are 53 homes for sale as of September 2026, with 16 new listings arriving recently. The median days on market sits at 62, suggesting homes take time to find buyers. A notable 27.8% of current listings carry a price cut. For sellers, the flat year-over-year value trend combined with slower absorption indicates this is a buyer-favoring environment where pricing strategy matters.

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Common questions

What people ask us.

What is the typical home value in Grand Prairie 75054?

The typical home value is $485,327, which has remained flat compared to the previous year.

How long do homes typically stay on the market in this ZIP?

The median days on market is 62, indicating a moderate pace of sales activity.

What share of homes are listed below asking price?

Approximately 27.8% of current listings have received a price cut, suggesting negotiating room for buyers.

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