Allen, TX—75013
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Allen, TX
Home Price Trends — Allen, TX
As of Oct '25, the median home price in Allen, TX is $659,000, with a year-over-year change of -4.3%. This indicates that home prices in Allen, TX are decreasing. According to Zillow, the 1-year price projection is -0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $659,000 | -4.3% |
| Single Family | $664,000 | -4.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $399,000 | -3.6% |
3 Bed | $492,000 | -5.0% |
4 Bed | $671,000 | -4.0% |
| 5 Bed | $840,000 | -3.2% |
% of Housing Stock
Rental Trends — Allen, TX
As of July '25, Rentcast reports the average rent in Allen, TX is $2,010, with a year-over-year rent change of -3.4%. Per bedroom, the median rent as of July '25 in Allen, TX is studios: $1,300, 1-bedrooms: $1,450, 2-bedrooms: $2,070, 3-bedrooms: $2,810, 4-bedrooms: $3,390. The most common rental property sizes in Allen, TX are 2-bedroom and 1-bedroom, accounting for 37.7% and 34.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,770 | $2,010 |
| Studio Rent | $1,320 | $1,300 |
| 1 Bed Rent | $1,390 | $1,450 |
| 2 Bed Rent | $1,960 | $2,070 |
| 3 Bed Rent | $2,800 | $2,810 |
| 4 Bed Rent | $3,300 | $3,390 |
% of Rental Stock
Property Listings — Allen, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Allen, TX is 57. This is a increase of 31.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $644,000 | -2.0% |
Listing Count | 227 | 64.0% |
| Listings as % of Homes | 0.7% | 64.0% |
Days on Market | 57 | 31.0% |
Demographics — Allen, TX
As of the latest ACS Survey released in 2023, Allen, TX has a population of 48,600, which has increased by 19.4% over the past 5 years. Allen, TX is a popular place for families, as children make up 25.5% of the population. The area has a highly educated workforce, with 64.6% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 48,600 | 19.4% |
% Under 18 | 25.5% | -14.1% |
% Seniors | 10.9% | 39.7% |
% WFH | 27.9% | 262.3% |
% w/ College Degree | 64.6% | -1.5% |
As of the latest ACS Survey released in 2023, Allen, TX is a predominantly white area, with 49.6% of the population identifying as white. The white population has shrunk by 14.9% in the last 5 years. The second most common race or ethnicity in Allen, TX is asian, making up 29.7% of the population. Foreign-born residents account for 26.4% of the population in Allen, TX, and this percentage has increased by 11.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 49.6% | -14.9% |
% Black | 6.3% | 1.6% |
% Hispanic | 9.7% | 47.0% |
% Asian | 29.7% | 10.0% |
% Foreign Born | 26.4% | 11.9% |
Mortgage and Risk — Allen, TX
According to HUD data as of 2023, there were 722 mortgage originations in Allen, TX, of which 93.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 14.0% above 90% LTV (elevated). This implies medium mortgage risk in Allen, TX. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 722 |
% Conventional Loans | 93.0% |
% Government Loans | 7.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Allen, TX
As of 2024, the percent of homes in Allen, TX under the Section 8 program is 0.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Allen, TX, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 32 |
Total Units Section 8 | 32 |
% Rentals under Section 8 | 0.4% |
% Occupied Section 8 | 69.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $490 | $1,390 | $1,880 |
| 2 Bedroom | $240 | $1,960 | $2,200 |
| 3 Bedroom | -$40 | $2,800 | $2,760 |
| 4 Bedroom | $240 | $3,300 | $3,540 |
Affordability — Allen, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $659,000 |
| Median Household Income | $152,000 |