Garland, TX has an impressive housing market with a median home value of $274,900. This is significantly lower than the national median value of $338,100 making Garland a more affordable location to buy a home. Furthermore, homes in Garland have appreciated by 15.66% in the past year compared to 8.27% nationwide, indicating a strong and growing real estate market in this area. With its low cost of living and high appreciation rate, Garland is an ideal place for potential homeowners to consider when looking for a new residence.
The median home cost in Garland is $274,900. Home appreciation the last 10 years has been 159.8%. Home Appreciation in Garland is up 23.4%.
Average Age of Homes
- The median age of Garland real estate is 39 years old
The Rental Market in Garland
- Renters make up 33.8% of the Garland population
- 2.0% of houses and apartments in Garland, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.