Garland, TX 75040 Housing Market
- Active listings70currently for sale
- Pending sales8under contract
- Median asking price$296,500current listings
- Listing age63 daysmedian time Resideline has been seeing the current listings
- Closings tracked directly (6 mo)261a tracked sample, not a market total
- Median sold price$287,900last 6 months
- Middle half of sold prices$228k to $359k25th to 75th percentile
What the numbers say
As of September 14, 2026, Resideline is tracking 70 active listings and 8 pending sales in ZIP code 75040. That pending-to-active ratio of 0.11 points to a balanced market: buyers have room to compare options and negotiate.
The median asking price of current listings is $296,500, while the median of the 261 closings Resideline tracked directly over the last six months was $287,900. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 75040 for 63 days.
Frequently asked questions
What is the median home price in 75040?
The median closed sale price in Garland, TX 75040 was $287,900 over the last six months, based on 261 closings Resideline tracked directly. Texas is a non-disclosure state, so this is a tracked sample rather than all recorded closings. The middle half of those sales ranged from $227,500 to $359,000.
Is 75040 a buyer's or seller's market?
Resideline is currently tracking 8 pending sales against 70 active listings in 75040, a pending-to-active ratio of 0.11. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 75040 currently looks like a balanced market.
Nearby ZIP code market data
- 75043 Garland, TX
- 75044 Garland, TX
- 75071 McKinney, TX
- 78130 New Braunfels, TX
- 76227 Aubrey, TX
- 78253 San Antonio, TX