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Real Estate Market Update

Curious about what the market’s doing in your neighborhood? Whether you’re thinking of buying, selling, or just staying informed, our local real estate market updates help you make smarter decisions. Below, you'll find the latest stats, trends, and expert commentary—broken down by county, city, and even neighborhood. This page is updated monthly with insights from The Dunnican Team’s on-the-ground expertise.

 

City of Garland, TX

MEDIAN SALES PRICE

$305,000

MEDIAN SALES PRICE

CLOSED SALES

158

CLOSED SALES

ACTIVE LISTINGS

601

ACTIVE LISTINGS

MONTHS INVENTORY

3.9

MONTHS INVENTORY

JUMP TO: DFW Market Update | For Sellers | For Buyers | City Updates | Neighborhood Updates

 

Garland Real Estate Market Update

Latest Update: May 8, 2025

📊 Key Highlights This Month:
• Median price down 5.3% to $305,000
• Inventory up 65.1% YoY with 601 active listings
• Homes taking 79 days to close — up 19 days YoY

🏠 Home Prices: Cooling with Supply Surge

The median home price in Garland dropped to $305,000 in April 2025 — a 5.3% year-over-year decline. As more listings hit the market, prices are softening, giving buyers more negotiating room and shifting power dynamics.

📈 Inventory Climbs, Sales Slow

Active listings jumped to 601 (▲ 65.1% YoY), while closed sales fell to 158 (▼ 4.2%). Months of inventory rose to 3.9, pointing toward a more balanced market after years of seller dominance.

⏱ Longer Closings in Spring 2025

Days on Market: 51 (up 20 days YoY)
Days to Close: 28 (down 1 day)
Total Transaction Time: 79 days (up 19 days YoY)

Other metrics: Median price per square foot: $185.44 (▼ 2.4%)
Median home size: 1,737 sq ft
Median year built: 1978
Close-to-original list price ratio: 95.6%

What Sellers Need to Know

  • Inventory is rising fast: Up 65% YoY — more competition means pricing and condition are key.
  • Prices are adjusting: The median dropped 5.3%, so set expectations based on today’s conditions.
  • Plan for a longer sale: Homes are taking 79 days to close, up nearly 3 weeks YoY.
  • Buyers are negotiating: Homes are selling at 95.6% of original list — build room into your strategy.
  • Presentation matters: Homes with updates and curb appeal still move faster in this changing market.

What Buyers Need to Know

  • More homes to choose from: With inventory up 65%, selection has greatly improved.
  • Pricing power is shifting: Sellers are negotiating, and prices are easing across segments.
  • Older homes dominate: Median year built is 1978 — factor in updates or renovation costs.
  • Less competition: Sales volume is slightly down, allowing for more buyer flexibility.
  • More time to shop: Homes are staying on the market longer — don’t feel pressured to rush.

 

📍 Market Updates by City

Click your city to explore local market trends, including pricing shifts, inventory changes, and what it means for buyers and sellers.

 

 

© 2025 Texas REALTORS® – Data used in this report come from the Texas REALTOR® Data Relevance Project, a partnership among Texas REALTORS® and local REALTOR® associations throughout the state. Analysis provided through a research agreement with the Real Estate Center at Texas A&M University.

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Garland Real Estate Overview

A Diverse, Accessible, and Affordable Housing Market in the Heart of DFW

About Garland, TX: Garland is one of the largest cities in the Dallas-Fort Worth Metroplex, offering a wide range of housing options, excellent commuter access, and a diverse population. Located northeast of Dallas, Garland sits along major highways like I-635, I-30, and the President George Bush Turnpike, making it ideal for those working in Dallas, Plano, or Richardson. With DART rail access, thriving local businesses, and affordable neighborhoods, Garland remains a strong choice for first-time buyers, families, and investors.

Homes for sale in Garland, TX range from mid-century ranches and fixer-uppers to fully renovated homes and new developments. Established neighborhoods like Firewheel, Springpark, and Oakridge are especially popular for their proximity to parks, shopping, and top schools. The city’s robust park system, active arts scene, and ongoing redevelopment efforts continue to attract a wide range of homebuyers.

Cindy and Cory Dunnican, local Realtors® with The Dunnican Team at Coldwell Banker Apex, Realtors®, have deep knowledge of Garland’s neighborhoods, property values, and buyer demand. Whether you're relocating, investing, or selling your home in Garland, they’ll help you make informed decisions and maximize your results.

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Ready to Buy in Garland?

We’ll help you explore neighborhoods like Firewheel, Springpark, and Oakridge to find the perfect fit.

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