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Featured local agent — McKinney, TX

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Sarah Mitchell

CNESRESABR

Compass Real Estate · McKinney, TX

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

McKinney, TX(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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McKinney, TX Housing Market & Real Estate

Balanced market-4.3% YoY

Housing market overview · Updated monthly ·

$502,628median sale price

How is the McKinney, TX housing market right now?

The median home sale price in McKinney, TX is $502,628, down 4.3% year-over-year. Homes sell in an average of 41 days with 945 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 McKinney a buyer's or seller's market?

Balanced market3.6 months of supply41 avg. days on market

McKinney, TX is currently a balanced market, based on 3.6 months of supply and homes selling in about 41 days. How we determine this →

Homes sold

262

Last 12 weeks

Days on market

41

Average pace

Active listings

945

3.6 months supply

Sale-to-list

98.1%

Below asking

What does the McKinney housing market data show?

Current housing market statistics for McKinney, TX
MetricValue
Median sale price$502,628
Median list price$549,486
Year-over-year price change-4.3%
Average days on market41 days
Active inventory945 listings
Months of supply3.6 months
Sale-to-list price ratio98.1%
Median price per sq ft$209/sq ft
Homes sold (latest month)262
New listings (latest month)372
Listings with a price cut42.0%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in McKinney by property type?

How the McKinney, TX market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in McKinney, TX
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$505,000$212/sq ft25541 days
Condo / Co-op$535,000$288/sq ft191 days
Townhouse$352,000$197/sq ft647 days

Source: Redfin · Updated monthly

The McKinney housing market is currently classified as a balanced market with a median sale price of $502,628. Prices have fallen 4.3% compared to last year, with homes spending an average of 41 days on market, indicating 3.6 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 4.0x provides context for how home values compare to local earning capacity.

Homes for sale in McKinney

There are currently 945 homes listed for sale in McKinney, Texas. The median listing price is $549K.

Active listings

945

Homes on market

Median list price

$549K

Avg. days on market

41

Days until sale

New this week

372

Newly listed

Price drops:42.0%of listings
Sale-to-list:98.1%

Who lives in McKinney?

Population

202,314

Median income

$120,273/yr

Median age

36.7 years

Owner-occupied

63.3%

College grads

52.6%

Avg commute

27.4 min

Source: U.S. Census Bureau ACS

What are homes worth in McKinney?

Zillow home value

$482,599

Zillow rent index

$1,819/mo

Price-to-rent ratio

22.1x

Price-to-income

4.0x

Source: Zillow Research

What is it like to live in McKinney?

McKinney is a community of approximately 202K residents with a median age of 36.7 years.The median household income is $120,273, which reflects a relatively affluent area with strong earning potential. 52.6% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 63.3%, showing a blend of owner and renter-occupied properties. The average commute time is 27.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, McKinney offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve McKinney?

50 schools tracked · 35,265 students

The largest public schools serving McKinney, 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.

MCKINNEY H S

Grades 9-12 · 2,804 students

Public

MCKINNEY BOYD H S

Grades 9-12 · 2,550 students

Public

MCKINNEY NORTH H S

Grades 9-12 · 2,311 students

Public

EMERSON H S

Grades 9-12 · 1,763 students

Public

IMAGINE INTERNATIONAL ACADEMY OF NORTH TEXAS

Grades K-12 · 1,437 students

Charter

DR JACK COCKRILL MIDDLE

Grades 6-8 · 1,220 students

Public

FAUBION MIDDLE

Grades 6-8 · 1,157 students

Public

SCOTT MORGAN JOHNSON MIDDLE

Grades 6-8 · 1,050 students

Public

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 McKinney, TX?

Want a head-to-head view? Compare McKinney side-by-side with any other U.S. city using our market-comparison tool.

Is McKinney a good real estate investment market?

For investors evaluating McKinney, the price-to-rent ratio of 22.1x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 4.3% 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 McKinney's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using McKinney's median home price.

Frequently asked questions

What is the average home price in McKinney?

The median home sale price in McKinney is $502,628, down 4.3% from last year.

How long do homes stay on market in McKinney?

Homes typically spend 41 days on market before going under contract.

What is the median income in McKinney?

The median household income is $120,273 per year.

Is McKinney a buyer's or seller's market?

With 3.6 months of supply, McKinney is currently a balanced market.

What is the Zillow home value estimate for McKinney?

The Zillow Home Value Index (ZHVI) for McKinney is $482,599, representing the typical home value in the area.

What is the median condo price in McKinney?

The median condo/co-op sale price in McKinney, TX is $535,000, compared to $505,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in McKinney?

The median single-family home price in McKinney, TX is $505,000 (about $212 per square foot).

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