The housing market in Garland continues to see strong price appreciation, with values up 14.2% compared to last year. The median home price of $217,000 represents a moderate 14.2% increase from this time last year. With 2.0 months of supply, Garland's inventory levels remain relatively tight. Homes are now taking an average of 53 days to sell, significantly longer than the 6 days typical for this market. A significant 100.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. The majority of homes (100.0%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Garland market with the affordability index at 3444.4. Based on current market indicators, home prices in Garland are projected to decrease by approximately 6.1% over the next month.