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Garland real estate market overview
- Average Monthly Rent: $1,262
- Home Price/Value Percentage Change: 20.1%
- Median Home Value: $299,000
- Best Time To Sell a Home: December
- Affordability Index: 144
- Days To Sell a House: 43
- Job Market: Fair
- Public School Ranking: 28
Location and weather
Garland is an inner suburb of northeast Dallas, and is primarily located within Dallas County. The city comprises more than 2,800 acres' worth of picture-worthy parks, nature preserves and trails, along with a walkable downtown full of residential housing, southern restaurants, wineries, breweries and art centers.
Summers in Garland are hot, winters are cold but tolerable, and partly cloudy skies take place year-round. This city also receives an average 1 inch of snow per year during winter, when temperatures hit lows in the mid-30s.
Population, job market and cost of living
Garland has a population of 234,585, with a declining growth rate of -0.75% annually.
The job market has increased by 3.3% over the last year. In ten years, job growth is predicted to be 40.5%. This city's low unemployment rate and cost of living make it a great place for millennials hopeful to work in the area. Garland has been recognized by the US Chamber of Commerce as one of the top 1% of chambers nationwide, which represents over 3 million businesses and organizations.
This city is unique for the small businesses that thrive here as well. Garland is an expensive city in Texas, but is slightly more affordable when compared to the US average cost of living.
Garland real estate market details
- Kensington Gardens
- Oakcrest
- Briaroaks
- Valley Creek
- The Hills Of Breckenridge
- Crystal Falls
The average monthly rent in Garland is $1,262 for an average apartment size of 876 sq. feet.
There has been a 20.1% increase in Garland's median home value over the last year. As of 2022, the median home value is $299,000.
On average, homes in Garland sell after 43 days on the market.
The best time to sell a home for the highest value is during December. The best time to sell a home for the quickest sale is during August.
The affordability index in Garland is 144. This number indicates high affordability in this city.
The top ranked public schools are N Garland High School, Garland High School, International Leadership of Texas — Garland High School, Lakeview Centennial High School, Naaman Forest High School and S Garland High School. This information is dependent on the school's combined math and reading proficiency data in testing.