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Featured local agent — Plano, TX
Sarah Mitchell
Compass Real Estate · Plano, TX
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Plano, TX Housing Market & Real Estate
Housing market overview · Updated monthly ·
$540,000median sale price
How is the Plano, TX housing market right now?
The median home sale price in Plano, TX is $540,000, down 1.8% year-over-year. Homes sell in an average of 35 days with 702 active listings. The market is currently a seller's 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 Plano a buyer's or seller's market?
Plano, TX is currently a seller's market, based on 2.8 months of supply and homes selling in about 35 days. How we determine this →
Homes sold
248
Last 12 weeks
Days on market
35
Average pace
Active listings
702
2.8 months supply
Sale-to-list
98.0%
Below asking
What does the Plano housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $540,000 |
| Median list price | $559,000 |
| Year-over-year price change | -1.8% |
| Average days on market | 35 days |
| Active inventory | 702 listings |
| Months of supply | 2.8 months |
| Sale-to-list price ratio | 98.0% |
| Median price per sq ft | $221/sq ft |
| Homes sold (latest month) | 248 |
| New listings (latest month) | 321 |
| Listings with a price cut | 36.2% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Plano by property type?
How the Plano, 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 | $586,500 | $221/sq ft | 220 | 34 days |
| Condo / Co-op | $235,000 | $262/sq ft | 2 | 42 days |
| Townhouse | $432,500 | $216/sq ft | 26 | 74 days |
Source: Redfin · Updated monthly
The Plano housing market is currently classified as a seller's market with a median sale price of $540,000. Prices have fallen 1.8% compared to last year, with homes spending an average of 35 days on market, indicating 2.8 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 4.6x provides context for how home values compare to local earning capacity.
Homes for sale in Plano
There are currently 702 homes listed for sale in Plano, Texas. The median listing price is $559K.
Active listings
702
Homes on market
Median list price
$559K
Avg. days on market
35
Days until sale
New this week
321
Newly listed
Who lives in Plano?
Population
287,339
Median income
$108,649/yr
Median age
39.3 years
Owner-occupied
56.6%
College grads
59.2%
Avg commute
25.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Plano?
Zillow home value
$504,391
Zillow rent index
$1,713/mo
Price-to-rent ratio
24.5x
Price-to-income
4.6x
Source: Zillow Research
What is it like to live in Plano?
Plano is a community of approximately 287K residents with a median age of 39.3 years.The median household income is $108,649, which reflects a relatively affluent area with strong earning potential. 59.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 56.6%, showing a blend of owner and renter-occupied properties. The average commute time is 25.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Plano offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Plano?
50 schools tracked · 40,542 students
The largest public schools serving Plano, 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.
PLANO EAST SR H S
Grades 9-12 · 3,050 students
PLANO WEST SENIOR H S
Grades 11-12 · 2,618 students
PLANO SR H S
Grades 11-12 · 2,258 students
SHEPTON H S
Grades 9-10 · 1,405 students
JASPER H S
Grades 9-10 · 1,299 students
CLARK H S
Grades 9-10 · 1,241 students
RENNER MIDDLE
Grades 6-8 · 1,225 students
WILLIAMS H S
Grades 9-10 · 1,186 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 Plano, TX?
Want a head-to-head view? Compare Plano side-by-side with any other U.S. city using our market-comparison tool.
Is Plano a good real estate investment market?
For investors evaluating Plano, the price-to-rent ratio of 24.5x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 1.8% 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 Plano's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Plano's median home price.
Frequently asked questions
What is the average home price in Plano?
The median home sale price in Plano is $540,000, down 1.8% from last year.
How long do homes stay on market in Plano?
Homes typically spend 35 days on market before going under contract.
What is the median income in Plano?
The median household income is $108,649 per year.
Is Plano a buyer's or seller's market?
With 2.8 months of supply, Plano is currently a seller's market.
What is the Zillow home value estimate for Plano?
The Zillow Home Value Index (ZHVI) for Plano is $504,391, representing the typical home value in the area.
What is the median condo price in Plano?
The median condo/co-op sale price in Plano, TX is $235,000, compared to $586,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Plano?
The median single-family home price in Plano, TX is $586,500 (about $221 per square foot).
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