Map of 75040

75040 Home Values

Median Sale Price
$298,202
Live Market Pulse
Active Listings
Pending
New This Week
New This Month
Median Asking

75040 Market Snapshot

Buyer's Market 7.6 months of supply
Seller's Buyer's
Median Sale Price
$298,202
▼ 2.8% YoY
Price per Sq Ft
$186
median $/sqft
Days on Market
28
list to contract
Sale-to-List
97.3%
of original asking
Active
134
listings
New
0
30 days
Closed
0
30 days
Pending
0
30 days
Supply
7.6
months
Absorption
26.9%
monthly
Over List
1.3%
sold above
Under List
43.7%
sold below
Concessions
53.7%
% of solds
Avg Concession
$20,607
seller paid

Source: NTREIS MLS • Excludes leases • Apr 2026

75040 Market Trends

Median Sale Price
24 months
$225K$260K$294K$329K$363KSep 2024Jan 2025May 2025Sep 2025Jan 2026Apr 2026

Garland Flippers Are Reshaping 75040

The 75040 inventory tells a clear story: mid-century ranch homes from the 1950s through 1970s line the residential streets, most sitting on generous lots between 7,000 and 10,000 square feet. Renovators have been active here, gutting these brick ranches down to the studs and pushing them back to market with quartz countertops, LVP flooring, and open-concept layouts. You will also find two-story builds from the 1980s and 1990s clustered around the Firewheel corridor, along with a small pocket of newer Grand Homes construction in the Emerald Forest enclave.

Buyers in 75040 have breathing room they did not have a year ago. Supply has crossed into balanced territory, meaning sellers can no longer count on weekend bidding wars to bail out an aggressive list price. Values have held essentially flat year over year. Concessions are creeping in, with sellers routinely covering closing costs to keep deals together. The volume of closed transactions remains healthy, signaling steady demand.

If you are listing a renovated flip in 75040, your competition is fierce: dozens of nearly identical quartz-and-LVP remodels sit on the market simultaneously. Differentiate with something buyers cannot replicate cheaply, like a pool, an oversized lot, or a genuine second living area. Price precisely at the first showing, because the days of testing the market with a high ask and adjusting later are over in this zip code.

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Market data last updated Apr 2, 2026, 12:22 PM CDT

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