Zip 75040 (Garland, TX) Housing

The housing market in 75040 Garland, TX is performing very well, with a median value of $277,100 being significantly lower than the US House Median Value of $338,100. Furthermore, the appreciation rate in the area is 15.66%, which is higher than the US 1 year House Appreciation rate of 8.27%. This shows that the housing market in 75040 Garland, TX has been growing at a higher rate than other areas across the country and could be an excellent investment opportunity for prospective homeowners.

The median home cost in Garland (zip 75040) is $277,100. Home appreciation the last 10 years has been 159.8%. Home Appreciation in Garland (zip 75040) is up 23.4%.

Average Age of Homes

- The median age of Garland (zip 75040) real estate is 38 years old

The Rental Market in Garland (zip 75040)

- Renters make up 25.6% of the Garland (zip 75040) population
- 1.5% of houses and apartments in Garland (zip 75040), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Garland, Texas	United States
	20,995.0	139,647,020.0
	41	42
	$277,100	$338,100
	23.4%	16.6%
	65.4%	57.0%
	159.8%	101.1%
	$19.32	$10.98
	$3,541	$2,690
	66.0%	57.4%
	4.6%	11.2%
	29.4%	31.4%
Vacant Housing
	1.5%	1.9%
	0.0%	0.4%
	1.0%	0.7%
	0.1%	0.4%
	0.4%	3.6%
	1.7%	4.1%
Value of Owner-Occupied Housing
	1.5%	2.6%
	0.5%	2.4%
	0.6%	2.8%
	2.6%	3.9%
	4.8%	4.5%
	21.0%	11.3%
	26.2%	13.0%
	36.5%	20.1%
	5.0%	13.6%
	0.8%	8.3%
	0.1%	9.7%
	0.1%	3.9%
	0.1%	2.2%
	0.1%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	9.6%	13.6%
	9.6%	13.6%
	11.0%	13.6%
	21.9%	13.2%
	21.7%	14.8%
	11.0%	13.6%
	10.6%	10.0%
	2.4%	4.7%
	0.6%	12.2%

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