$69,500
0.11 Acres
Land
Vonda Bailey, Listing Office: My Home Real Estate
Housing Prices in Grand Prairie, TX
How much do homes in Grand Prairie, TX cost?
Median List Price
$350,000
$180/sqft
Based on all homes listed in the last 12 months.
The Median List Price hasn't changed since August 2023.
Key Takeaway
The list price of homes in Grand Prairie has remained the same since last year.
Summary: The median home list price in Grand Prairie was $350,000 in August 2024, the same as the previous year, and the median price per square foot was $180.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $145K | +16.0% |
| 2 Bedrooms | $220K | $275K | +25.0% |
| 3 Bedrooms | $309.9K | $310K | 0.0% |
| 4 Bedrooms | $395K | $400K | +1.3% |
| 5+ Bedrooms | $556.9K | $570K | +2.3% |
Summary: Grand Prairie housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16%, 2 bedroom homes increased by 25%, 3 bedroom homes did not change, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 2.3%.
Median List Price Compared To Nearby Cities
| Cedar Hill | $329.9K | $350K | +6.1% |
| Arlington | $335.3K | $339.9K | +1.4% |
| Midlothian | $494.8K | $499.9K | +1.0% |
| Grand Prairie | $350K | $350K | 0.0% |
| Mansfield | $510.3K | $509.5K | -0.2% |
Housing Supply in Grand Prairie, TX
How many homes are available in Grand Prairie, TX?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 540 | 571 | +5.7% |
Summary: The Grand Prairie real estate market had 571 homes for sale in August 2024, a 5.7% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 49 | 45 | -8.2% |
| 3 Bedrooms | 226 | 241 | +6.6% |
| 4 Bedrooms | 190 | 209 | +10.0% |
| 5+ Bedrooms | 74 | 75 | +1.4% |
Summary: The Grand Prairie housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8.2%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 1.4%.
Days on Market for Grand Prairie, TX
How long does it take to sell a home in Grand Prairie, TX?
Average Listing Age
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 96 Days | 68 Days | -29.1% |
Summary: Homes in Grand Prairie had an average listing age of 68 days in Aug 2024, down by 29.1% compared to the previous year.
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