The story of this market
The typical home in ZIP 75042 sells for about $325,000, or $190 per square foot.
Prices are down 3.8% from a year ago, which gives buyers more room to negotiate. Homes take about 27 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $2,000 a month.
ZIP 75042 — Garland
The 75042 housing market is experiencing a decline in home values, with a year-over-year decrease of 3.8%. Market activity is moderate with homes spending approximately 27 days on the market. Many specific demographic and economic metrics for this ZIP code are currently not determinable from published sources.
Median prices moved down 3.8% year over year.
Homes spend a median of 27 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Key-figure check: median price diverges 16.0% from the nearest retained anchor (published ten-year series (2024)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $273,076 (16.0% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $273,076 (-16% vs the published ten-year series (2024)) failed independent re-validation and was reverted to the prior cycle value; the case is under review in the Command Center.