Plano, TX—75024
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Plano, TX
As of Oct '25, the median home price in Plano, TX is $631,000, with a year-over-year change of -3.5%. This indicates that home prices in Plano, 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 | $631,000 | -3.5% |
| Single Family | $630,000 | -3.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $363,000 | -6.9% |
3 Bed | $499,000 | -5.8% |
4 Bed | $635,000 | -3.5% |
| 5 Bed | $746,000 | -3.4% |
% of Housing Stock
Rental Trends — Plano, TX
As of July '25, Rentcast reports the average rent in Plano, TX is $2,170, with a year-over-year rent change of -6.9%. Per bedroom, the median rent as of July '25 in Plano, TX is studios: $1,340, 1-bedrooms: $1,700, 2-bedrooms: $2,390, 3-bedrooms: $3,020, 4-bedrooms: $3,380. The most common rental property sizes in Plano, TX are 1-bedroom and 2-bedroom, accounting for 42.9% and 32.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,940 | $2,170 |
| Studio Rent | $1,300 | $1,340 |
| 1 Bed Rent | $1,620 | $1,700 |
| 2 Bed Rent | $2,140 | $2,390 |
| 3 Bed Rent | $2,820 | $3,020 |
| 4 Bed Rent | $3,050 | $3,380 |
% of Rental Stock
Property Listings — Plano, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Plano, TX is 51. This is a increase of 21.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $720,000 | -6.0% |
Listing Count | 131 | 20.0% |
| Listings as % of Homes | 0.3% | 20.0% |
Days on Market | 51 | 21.0% |
Demographics — Plano, TX
As of the latest ACS Survey released in 2023, Plano, TX has a population of 45,100, which has increased by 5.1% over the past 5 years. Plano, TX is a moderately popular place for families, as children make up 21.6% of the population. The area has a highly educated workforce, with 70.7% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 31.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 45,100 | 5.1% |
% Under 18 | 21.6% | -5.7% |
% Seniors | 9.4% | 23.7% |
% WFH | 31.3% | 247.8% |
% w/ College Degree | 70.7% | -2.2% |
As of the latest ACS Survey released in 2023, Plano, TX is a predominantly white area, with 40.6% of the population identifying as white. The white population has shrunk by 13.4% in the last 5 years. The second most common race or ethnicity in Plano, TX is asian, making up 37.9% of the population. Foreign-born residents account for 37.5% of the population in Plano, TX, and this percentage has increased by 6.5% 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 | 40.6% | -13.4% |
% Black | 8.9% | 30.9% |
% Hispanic | 7.9% | 19.7% |
% Asian | 37.9% | 5.6% |
% Foreign Born | 37.5% | 6.5% |
Mortgage and Risk — Plano, TX
Plano, TX lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Plano, TX
As of 2024, the percent of homes in Plano, TX under the Section 8 program is 0.5%. 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. In Plano, TX, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 59 |
Total Units Section 8 | 58 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | 69.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $540 | $1,620 | $2,160 |
| 2 Bedroom | $390 | $2,140 | $2,530 |
| 3 Bedroom | $350 | $2,820 | $3,170 |
| 4 Bedroom | $1,020 | $3,050 | $4,070 |
Affordability — Plano, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $631,000 |
| Median Household Income | $117,000 |