Inside DFW Real Estate

Garland, Texas real estate market update

Each month, The Dunnican Team publishes housing market updates covering the cities we serve across Northeast Dallas, Collin, Hunt and Rockwall Counties.

Our reports are sourced directly from the MLS transaction data, not estimates or industry averages, and always compared year-over-year so you can tell what's actually changing.

Our goal is to give you the same honest picture we use with our clients, explained the way we'd explain it across the table.

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inside DFW real estate

monthly market update

Garland's median home price held nearly flat in July 2026 at $305,000, down just 1.5% year over year, while closed sales rose 2.5% to 164. Active listings fell 5.9% to 621, and months of inventory eased to 4.2, keeping the market genuinely balanced. Homes averaged 43 days on market and closed at a strong 96.2% of original list price.

Garland, TX Housing Market Update | Reporting Period: July 1–31, 2026

Key Highlights | Garland Housing Market Update

Median Price: $305,000 (-1.5% year over year)
Closed Sales: 164 (+2.5% year over year)
Active Listings: 621 (-5.9% year over year)
Months of Inventory: 4.2 (down from 4.4 last July)

Garland's numbers this July describe a market holding steady — pricing nearly flat, sales activity slightly up, and inventory tightening a touch from a year ago.

PRICES
Median price was $305,000, down just 1.5% from July 2025 — close to flat. Price per square foot fell a bit more, down 4.4% to $177.95, suggesting some shift in the mix of homes selling alongside the modest price softening.

SALES ACTIVITY
Garland closed 164 sales in July, up 2.5% from a year ago. With this much volume, the trend carries real weight — this is a genuinely stable-to-slightly-improving pace.

INVENTORY
Active listings fell 5.9% year over year to 621. Months of inventory eased to 4.2, down two-tenths of a month from last July.

MARKET BALANCE
At 4.2 months of supply, Garland sits in balanced territory. Days on market fell to 43, down nine days from last July, and homes are closing at a strong 96.2% of original list price.

What Sellers Need to Know

Pricing has held nearly steady, down just 1.5% year over year.
Homes are selling faster than last year, averaging 43 days on market.
The strong 96.2% close-to-list ratio shows well-priced listings are commanding near-asking offers.
The $200K–$299K band leads Garland's market at 36.9% of closed sales.

What Buyers Need to Know

At 4.2 months of supply, Garland is a genuinely balanced market — neither side has a strong edge.
With 621 active listings, you have solid selection across price points.
Be ready to act on well-priced homes: the 43-day average time on market means good listings move.
Nearly 70% of closed sales fell between $200K and $399K.

2026 Garland Housing Market Forecast

If current trends hold, expect Garland to remain a genuinely balanced market through the rest of the year, with pricing staying close to flat rather than swinging sharply in either direction. The modest uptick in sales activity, combined with tightening inventory, suggests demand here is holding up better than in some of the more buyer-leaning cities in our coverage area. If mortgage rates ease, watch for sales activity to strengthen further, which could tip conditions modestly toward sellers. Buyers ready to act on well-priced homes and sellers who price realistically should both find solid results.

Trending in Real Estate News

Realtor.com: National inventory continues climbing even as mortgage rates hover near 6.67%, giving buyers more room to negotiate heading into fall. Read more
Redfin: Pending home sales edged up slightly in early August after a slow summer, though they remain below last year's pace nationally. Read more
MetroTex Association of REALTORS®: North Texas inventory growth is starting to slow, with DFW posting modest year-over-year declines in active listings — an early sign the region may be stabilizing. Read more
Zillow: Zillow's latest national forecast calls for roughly flat home price growth over the next year, with Dallas-area metros among those it expects to see modest price declines. Read more

Thinking about buying or selling in Garland? The Dunnican Team would love to help you make sense of what these numbers mean for your specific situation. Reach out anytime — we're happy to talk through your options, no pressure, no obligation.

Source: Texas REALTORS® MarketViewer — NTREIS data via the Texas REALTOR® Data Relevance Project, MetroTex Association of REALTORS® (July 1–31, 2026, compared to July 2025). The Dunnican Team at Coldwell Banker Apex, Realtors® | TREC License #0461619 | Designated Broker: Lori Arnold | Equal Housing Opportunity

Garland Housing Market FAQs

Is now a good time to sell a home in Garland?

Yes, for well-priced homes. Days on market fell to 43, and the close-to-list ratio sits at a strong 96.2%. Median price has held nearly flat, down just 1.5% year over year.

Is now a good time to buy a home in Garland?

Yes — at 4.2 months of supply, Garland is a genuinely balanced market with solid selection across price points and reasonable negotiating room.

How long are homes sitting on the market in Garland?

The average is 43 days on market, down nine days from July 2025. From contract to closing typically takes another 28 days, for a total of about 71 days start to finish.

Are home prices rising or falling in Garland?

Prices are essentially stable, down just 1.5% year over year to $305,000. Price per square foot fell a bit more, 4.4% to $177.95.

How competitive is the Garland housing market right now?

Genuinely balanced, at 4.2 months of supply. Closed sales are actually up 2.5% year over year, and the falling days-on-market figure suggests demand here is holding up well.

Contact The Dunnican Team

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