New Listing
20
$100,000
602 Keith Dr
Allen, TX 75002
0 ba
Land14,810 sqft lot
View photos & details
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Sarah Mitchell
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Compass Real Estate · Allen, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Allen, TX(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews
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Allen, TX Housing Market & Real Estate
Balanced market-2.6% YoY
Housing market overview · Updated monthly ·
$511,495median sale price
How is the Allen, TX housing market right now?
The median home sale price in Allen, TX is $511,495, down 2.6% year-over-year. Homes sell in an average of 29 days with 366 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Allen a buyer's or seller's market?
Balanced market3.4 months of supply29 avg. days on market
Allen, TX is currently a balanced market, based on 3.4 months of supply and homes selling in about 29 days. How we determine this →
Homes sold
108
Last 12 weeks
Days on market
29
Average pace
Active listings
366
3.4 months supply
Sale-to-list
98.5%
Below asking
What does the Allen housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $511,495 |
| Median list price | $575,000 |
| Year-over-year price change | -2.6% |
| Average days on market | 29 days |
| Active inventory | 366 listings |
| Months of supply | 3.4 months |
| Sale-to-list price ratio | 98.5% |
| Median price per sq ft | $206/sq ft |
| Homes sold (latest month) | 108 |
| New listings (latest month) | 166 |
| Listings with a price cut | 30.9% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Allen by property type?
How the Allen, TX market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $515,000 | $205/sq ft | 101 | 28 days |
| Condo / Co-op | $340,000 | $208/sq ft | 2 | 128 days |
| Townhouse | $417,390 | $232/sq ft | 5 | 79 days |
Source: Redfin · Updated monthly
The Allen housing market is currently classified as a balanced market with a median sale price of $511,495. Prices have fallen 2.6% compared to last year, with homes spending an average of 29 days on market, indicating 3.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.9x provides context for how home values compare to local earning capacity.
Homes for sale in Allen
There are currently 366 homes listed for sale in Allen, Texas. The median listing price is $575K. Featured listings range from $100,000 to $1,041,857.
New Listing
8
$260,000
633 Valley View Dr
Allen, TX 75002
3 bd2 ba1,438 sqft$181/ft²
House6,098 sqft lot
Rhonda Childress · Coldwell Banker Apex, REALTORS
View photos & details
New Listing
25
$349,000
803 Sandy Creek Dr
Allen, TX 75002
3 bd2 ba2,022 sqft$173/ft²
House7,405 sqft lot
View photos & details
New BuildPrice Drop −$5K
11
$379,990
651 N Watters Rd Apt 4202
Allen, TX 75013
2 bd2 ba1,702 sqft$223/ft²
Condo
View photos & details
New Listing
28
$395,000
908 Thoreau Ln
Allen, TX 75002
3 bd3 ba1,846 sqft$214/ft²
House8,276 sqft lot
View photos & details
New Listing
39
$455,000
1304 Dearborn Rd
Allen, TX 75002
4 bd2 ba2,226 sqft$204/ft²
House7,405 sqft lot
Trey Laquey · RE MAX Dallas Suburbs
View photos & details
New Build
29
$489,990
2543 Brunswick Way
Allen, TX 75013
3 bd3 ba1,986 sqft$247/ft²
Townhouse
View photos & details
New Listing
40
$500,000
741 Aspen Ct
Allen, TX 75002
5 bd4 ba3,069 sqft$163/ft²
House7,841 sqft lot
View photos & details
New Listing
32
$549,000
433 Spring Air Dr
Allen, TX 75002
4 bd3 ba3,073 sqft$179/ft²
House6,098 sqft lot
View photos & details
New Listing
32
$579,000
906 Thistle Cir
Allen, TX 75002
4 bd3 ba2,808 sqft$206/ft²
House8,276 sqft lot
View photos & details
New Listing
40
$724,999
2003 Lorelle Ct
Allen, TX 75013
5 bd4 ba3,996 sqft$181/ft²
House7,841 sqft lot
Chaz Cameli · Monument Realty
View photos & details
New Build
20
$1,041,857
982 Coreopsis Dr
Allen, TX 75013
3 bd4 ba2,928 sqft$356/ft²
House7,841 sqft lot
View photos & details
Looking to buy in Allen?
Get connected with a local real estate expert — free, no obligation.
Active listings
366
Homes on market
Median list price
$575K
Avg. days on market
29
Days until sale
New this week
166
Newly listed
Price drops:30.9%of listings
Sale-to-list:98.5%
Who lives in Allen?
Population
107,684
Median income
$129,130/yr
Median age
38.5 years
Owner-occupied
69.8%
College grads
56.1%
Avg commute
27.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Allen?
Zillow home value
$497,364
Zillow rent index
$1,678/mo
Price-to-rent ratio
24.7x
Price-to-income
3.9x
Source: Zillow Research
What is it like to live in Allen?
Allen is a community of approximately 108K residents with a median age of 38.5 years.The median household income is $129,130, which reflects a relatively affluent area with strong earning potential. 56.1% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 69.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Allen offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Allen?
23 schools tracked · 19,924 students
The largest public schools serving Allen, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
ALLEN H S
Grades 9-12 · 5,273 students
LOWERY FRESHMAN CENTER
Grades 9 · 1,693 students
WALTER & LOIS CURTIS MIDDLE
Grades 7-8 · 1,304 students
ERECKSON MIDDLE
Grades 7-8 · 1,263 students
DR E T BOON EL
Grades K-6 · 792 students
CARLENA CHANDLER EL
Grades K-6 · 780 students
DAVID AND LYNDA OLSON EL
Grades PK-6 · 724 students
JENNY PRESTON EL
Grades K-6 · 723 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Allen, TX?
Want a head-to-head view? Compare Allen side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Allen?
Is Allen a good real estate investment market?
For investors evaluating Allen, the price-to-rent ratio of 24.7x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 2.6% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Allen's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Allen's median home price.
Frequently asked questions
What is the average home price in Allen?
The median home sale price in Allen is $511,495, down 2.6% from last year.
How long do homes stay on market in Allen?
Homes typically spend 29 days on market before going under contract.
What is the median income in Allen?
The median household income is $129,130 per year.
Is Allen a buyer's or seller's market?
With 3.4 months of supply, Allen is currently a balanced market.
How many homes are for sale in Allen?
There are currently 366 homes listed for sale in Allen, TX.
What is the Zillow home value estimate for Allen?
The Zillow Home Value Index (ZHVI) for Allen is $497,364, representing the typical home value in the area.
What is the median condo price in Allen?
The median condo/co-op sale price in Allen, TX is $340,000, compared to $515,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Allen?
The median single-family home price in Allen, TX is $515,000 (about $205 per square foot).
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