Real Estate Market Update for Garland, TX

Video: Real Estate Community Tour for Garland, TX

See Real estate community tour for Garland, TX
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 45% from one year earlier, and down 11% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 170-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 50%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 150-thousand dollars. The number of units sold decreased 10% year-over-year, and increased 8% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Garland, TX
Area Information for Garland, TX
  • Population: 233,306
  • Median Age: 33.35 yr
  • Median Commute Time: 24.21 mins
  • Educational Climate*: 3
  • Sales Tax: 8.25%
  • Population Density: 4,087/sq mi
  • Population Change Since 2000: 8.31%
  • Closest Airport: Dallas Love Field
  • Closest College: Amberton University
  • Closest Jr. College: Remington College-dallas Campus
  • Median Household Income: $53,820
  • Annual Residential Turnover: 16.71%
  • Median Years in Residence: 3.57 yr
  • Median Home Sales Price: $105,000
  • Closest Major Sports Team: Dallas Stars
  • Change Avg. Household Income Since 2000: 10%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Garland, TX
Median Age: 33.35 Married: 30% Number of Households: 78,396 Households with Children: 33,294
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Garland, TX

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Alpha Charter School 0.5 mi Public K-12 1 3
      Shorehaven Elementary 0.5 mi Public PRESCHOOL-5 3 4
      Coop Behavioral Ctr 0.7 mi Public K-12 0 0
      Mount Hebron Christian Academy 0.7 mi Private PRESCHOOL-2 0 5
      Sellers Middle School 0.8 mi Public 6-8 2 3
      Garland Christian Academy 0.9 mi Private K-12 0 4
      Kimberlin Acad For Excel 0.9 mi Public K-5 5 5
      Freeman Elementary 0.9 mi Public K-5 2-5 2
      Good Shepherd 1.0 mi Catholic PRESCHOOL-8 0 4
      Gisd Evening School 1.0 mi Public 9-12 0 0
      Garland High School 1.0 mi Public 9-12 2 4
      Weaver Elementary 1.2 mi Public PRESCHOOL-5 1 3
      Bussey Middle School 1.2 mi Public 6-8 1 3
      Daugherty Elementary 1.3 mi Public K-5 2 4
      Austin Acad For Excell 1.3 mi Public 6-8 4 5
      Hillside Acad For Excel 1.4 mi Public K-5 5 5
      Gisd Alternative School 1.6 mi Public K-12 0 0
      Golden Meadows Elementary 1.6 mi Public K-5 2-5 4
      Northlake Elementary 1.7 mi Public PRESCHOOL-5 3-5 3
      Miller Road Baptist Academy/abc Christian Presch 1.7 mi Private PRESCHOOL-3 0 3
      Williams Elementary 1.8 mi Public K-5 2-5 0
      Cooper Elementary 1.8 mi Public K-5 3 4
      Watson Technology Center 1.8 mi Public PRESCHOOL-5 4 5
      Cisneros Pre K School 2.0 mi Public PRESCHOOL-PRESCHOOL 0 0
      Lake Cities Montessori School 2.0 mi Private PRESCHOOL-3 0 0
      Garland Christian Adventist School 2.0 mi Private 1-6 0 0
      Memorial Preparatory School 2.0 mi Public 9-12 0 5
      Infant Center 2.0 mi Public PRESCHOOL-PRESCHOOL 0 0
      N Garland High School 2.1 mi Public 9-12 3 3
      Ethridge Elementary 2.2 mi Public K-5 2-5 2
      Park Crest Elementary 2.3 mi Public PRESCHOOL-5 1 3
      Centerville Elementary 2.3 mi Public K-5 2 3
      Vernal Lister Elementary 2.4 mi Public K-5 3 4
      Blue Ivey School 2.4 mi Private PRESCHOOL-K 0 0
      Harmony Science Academy Garland 2.4 mi Public K-11 3-5 4
      Parsons Pre K School 2.4 mi Public PRESCHOOL-PRESCHOOL 0 0
      Sam Houston Middle School 2.4 mi Public 6-8 1 2
      Vista Academy Of Garland 2.4 mi Public K-8 1 4
      Club Hill Elementary School 2.6 mi Public PRESCHOOL-5 2-5 4
      Walnut Glen Acad For Excellence 2.6 mi Public PRESCHOOL-5 5 4
      Caldwell Elementary 2.7 mi Public K-5 2-5 3
      Davis Elementary 2.8 mi Public K-5 3 3
      Beaver Technology Center 2.9 mi Public K-5 4 5
      S Garland High School 2.9 mi Public 9-12 1 3
      Jackson Technology Center 3.0 mi Public 6-8 3 3
      Spring Creek Elementary 3.1 mi Public K-5 4 4
      Southgate Elementary 3.1 mi Public PRESCHOOL-5 2 3
      Webb Middle School 3.2 mi Public 6-8 3-5 4
      International Leadership Of Texas - Garland Middle 3.2 mi Public K-8 0 0
      International Leadership Of Texas (ilt) 3.2 mi Public 5-K 0 0
      Naaman Forest High School 3.2 mi Public 9-12 2-5 3
      Brighter Horizons Academy 3.2 mi Private PRESCHOOL-12 0 3
      Handley Elementary 3.2 mi Public K-5 1 4
      Brandenburg Middle School 3.3 mi Public 6-8 0 0
      George Washington Carver Elementary 3.4 mi Public PRESCHOOL-5 3 1
      Routh Roach Elementary School 3.4 mi Public K-5 4 4
      Bullock Elementary 3.5 mi Public PRESCHOOL-5 3 4
      Bradfield Elementary 3.5 mi Public PRESCHOOL-5 2 3
      Education Center International Academy 3.5 mi Public K-6 0 0
      Primrose School Of Firewheel 3.7 mi Private PRESCHOOL-K 0 0
      Heather Glen Elementary 3.7 mi Public K-5 1 3
      Obanion Middle School 3.8 mi Public 6-8 1 2
      O Henry Elementary 3.8 mi Public K-6 2-5 4
      Firewheel Christian Academy 4.0 mi Private PRESCHOOL-8 0 4
      Abbett Elementary 4.0 mi Public K-5 4-5 5
      Hickman Elementary 4.0 mi Public PRESCHOOL-5 2-5 4
      Shugart Elementary 4.2 mi Public PRESCHOOL-5 2-5 4
      Lyles Middle School 4.2 mi Public 6-8 1 2
      Robert B Sewell Elementary 4.2 mi Public K-5 3-5 4
      B G Hudson Middle School 4.2 mi Public 6-8 3-5 4
      John W Armstrong Elementary 4.3 mi Public PRESCHOOL-5 4-5 4
      Montclair Elementary 4.3 mi Public PRESCHOOL-5 3 5
      Sachse High School 4.3 mi Public 9-12 3-5 4
      Price Elementary 4.4 mi Public K-6 1 4
      Classical Center At Vial Elementary 4.5 mi Public K-5 4 4
      Luna Elementary 4.7 mi Public K-5 4 4
      Vista Academy Of North Garland 4.8 mi Public PRESCHOOL-12 0 0
      Lakeview Centennial High School 5.0 mi Public 9-12 2-5 3
      Big Springs Elementary 5.1 mi Public K-6 3-5 4
      Glen Couch Elementary 5.4 mi Public PRESCHOOL-5 2-5 3
      Toler Elementary 5.9 mi Public PRESCHOOL-5 3 4
      Don Whitt Elementary School 6.0 mi Public K-4 4-5 4
      Cheri Cox Elementary 6.2 mi Public K-4 4-5 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for Garland, TX
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.