Is Garland, TX 75040 a buyer’s or seller’s market?

The Garland housing market right now

In the three months ending August 31, 2026, 20% of homes in Garland, TX 75040 sold above their list price, the typical home went under contract in 40 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 136 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 15%, homes sold faster (43 days then) and the median sale price fell 9% to $283,327. Overall, Garland is more competitive than a year ago, so tougher for buyers.

Within Dallas County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 85%. On our competition score, Garland ranks #50 of 868 TX ZIP codes with enough sales (score 50 out of 100).

Nearby, buyers who want less competition could look at Dallas 75237 (0% sold over asking) or Dallas 75226 (0% sold over asking), while Dallas 75246 (33% sold over asking) and Hutchins 75141 (31% sold over asking) are even more competitive.