McKinney, TX—75072
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — McKinney, TX
As of Oct '25, the median home price in McKinney, TX is $523,000, with a year-over-year change of -5.0%. This indicates that home prices in McKinney, 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 | $523,000 | -5.0% |
| Single Family | $526,000 | -5.1% |
| Condos | $304,000 | -5.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $295,000 | -8.1% |
3 Bed | $420,000 | -5.6% |
4 Bed | $553,000 | -5.1% |
| 5 Bed | $750,000 | -3.1% |
% of Housing Stock
Rental Trends — McKinney, TX
As of July '25, Rentcast reports the average rent in McKinney, TX is $2,440, with a year-over-year rent change of -4.3%. Per bedroom, the median rent as of July '25 in McKinney, TX is 1-bedrooms: $1,600, 2-bedrooms: $2,120, 3-bedrooms: $2,510, 4-bedrooms: $2,890. The most common rental property sizes in McKinney, TX are 3-bedroom and 4-bedroom, accounting for 36.2% and 24.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,350 | $2,440 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,610 | $1,600 |
| 2 Bed Rent | $2,030 | $2,120 |
| 3 Bed Rent | $2,400 | $2,510 |
| 4 Bed Rent | $2,720 | $2,890 |
% of Rental Stock
Property Listings — McKinney, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in McKinney, TX is 58. This is a increase of 33.0% 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 46.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $569,000 | -5.0% |
Listing Count | 243 | 15.0% |
| Listings as % of Homes | 0.5% | 15.0% |
Days on Market | 58 | 33.0% |
Demographics — McKinney, TX
McKinney, TX lacks sufficient demographic data for analysis.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 56,000 | N/A |
% Under 18 | 29.2% | N/A |
% Seniors | 11.6% | N/A |
% WFH | 25.5% | N/A |
% w/ College Degree | 62.3% | N/A |
McKinney, TX lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 63.0% | N/A |
% Black | 8.2% | N/A |
% Hispanic | 10.7% | N/A |
% Asian | 11.9% | N/A |
% Foreign Born | 16.4% | N/A |
Mortgage and Risk — McKinney, TX
According to HUD data as of 2023, there were 130 mortgage originations in McKinney, TX, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in McKinney, TX. Investor activity is low, as 2.0% of loans were by investors. 21.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 130 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 21.0% |
Loan Activity
Rentals and Section 8 — McKinney, TX
As of 2024, the percent of homes in McKinney, TX under the Section 8 program is 3.6%. 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 McKinney, 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 | 132 |
Total Units Section 8 | 132 |
% Rentals under Section 8 | 3.6% |
% Occupied Section 8 | 73.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $800 | $1,610 | $2,410 |
| 2 Bedroom | $800 | $2,030 | $2,830 |
| 3 Bedroom | $1,150 | $2,400 | $3,550 |
| 4 Bedroom | $1,840 | $2,720 | $4,560 |
Affordability — McKinney, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $523,000 |
| Median Household Income | $155,000 |