ZIP Code 75054 — Grand Prairie, TX Home Prices (2026)
The typical home in ZIP 75054 (Grand Prairie, Texas) is worth about $492,000 at roughly $166 per square foot — 64% more expensive than the Grand Prairie median and 67% more expensive than the typical U.S. home.
How 75054 compares
ZIP 75054 is one of the pricier ZIP codes in Grand Prairie: its typical home value of $492,000 ranks #1 of the 4 Grand Prairie ZIP codes we track (the citywide range runs from $251,000 in 75051 to $492,000 in 75054). Per square foot it costs about $166, against $174 for Grand Prairie as a whole, $173 for Texas, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 75054 | $492,000 | $166 |
| Grand Prairie, TX | $300,500 | $174 |
| Texas | $264,000 | $173 |
| United States | $294,000 | $195 |
Home value by size in 75054
Using this ZIP’s rate of about $166 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $166,000 |
| 1,500 sq ft | $249,000 |
| 2,000 sq ft | $332,000 |
| 2,500 sq ft | $415,000 |
| 3,000 sq ft | $498,000 |
Salary needed to buy a home in ZIP 75054
To buy the typical $492,000 home in ZIP 75054 with 20% down, you need a household income of roughly $134,000 a year (about $3,120 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $159,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $24,600 | $3,880/mo | $166,000/yr |
| 10% (+PMI) | $49,200 | $3,710/mo | $159,000/yr |
| 20% | $98,400 | $3,120/mo | $134,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 75054
At about $166 per square foot, here is roughly how much home different budgets get you in ZIP 75054:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $250k | 1510 sq ft | below the local median — condos, smaller or older homes |
| $300k | 1810 sq ft | below the local median — condos, smaller or older homes |
| $400k | 2410 sq ft | around the typical home here |
| $500k | 3010 sq ft | around the typical home here |
| $600k | 3610 sq ft | around the typical home here |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 75054 home.
Estimate a specific home in 75054
The estimator below is pre-set to ZIP 75054 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Grand Prairie ZIP codes by home value
Where 75054 sits among Grand Prairie’s 4 ZIP codes:
| # | ZIP code | Typical value | $ / sq ft |
|---|---|---|---|
| 1 | 75054 (this page) | $492,000 | $166 |
| 2 | 75052 | $325,000 | $167 |
| 3 | 75050 | $276,000 | $180 |
| 4 | 75051 | $251,000 | $189 |
ZIP 75054 home prices: frequently asked
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See the full Grand Prairie home values page, all Texas cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.